Matthew Delly

Shares of Macy's, Inc. (NYSE: M) have declined 24.36 percent over the past six months, while rising more than 2 percent in the last five trading days. Matthew Delly of Cleveland Research Company has downgraded the rating on the company to Neutral. The downgrade is based on the company...

On Tuesday, Matthew Delly of Cleveland Research stated that J C Penney Company Inc's (NYSE: JCP) challenging sales trends which were pre-announced in September continued into October. In a note to clients, Delly states that J C Penney's challenging traffic trends is "likely driven...