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Editorial Results (free)

1. Macy's Terry Lundgren to step down as CEO next year -

NEW YORK (AP) — Macy's CEO Terry Lundgren, who spearheaded a landmark acquisition that created a powerhouse national department store chain, will step down early next year, the company announced Thursday as it struggles to reinvent itself amid online competition and changing consumer habits.

2. Macy's Terry Lundgren to step down as CEO next year -

NEW YORK (AP) — Macy's CEO Terry Lundgren, who spearheaded a landmark acquisition that created a powerhouse national department store chain, will step down early next year, the company announced Thursday as it struggles to reinvent itself amid online competition and changing consumer habits.

3. Stocks edge higher after encouraging jobs reports -

NEW YORK (AP) — Stocks edged higher Thursday after a pair of reports provided more evidence that the U.S. is maintaining a slow but steady economic recovery.

The number of Americans seeking unemployment benefits dropped last week and is near the lowest level since June 2008, the Labor Department said Thursday. Weekly applications are just 1,000 above a five-year low reached last month.

4. Ackman resigns from JC Penney board -

PLANO, Texas (AP) — William Ackman has resigned from J.C. Penney Co.'s board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store operator.

5. Stocks tread water as next fiscal showdown looms -

NEW YORK (AP) — The stock market crept higher in midday trading Thursday, one day after the Dow Jones industrial average posted its biggest gain in more than a year.

Retailers reported mixed sales and the prospect of a new budget battle in Congress loomed.

6. Stocks seal 3Q gains despite bumpy final days -

Stocks posted solid gains for the third quarter, although the ride got bumpy at the end.

Stocks fell five days of the last six, including on Friday, the last trading day of the quarter. But the big indexes are still up 4 percent or more for the three months. They're ahead 10 percent or more for the year.