Macy's, Cisco Earnings: What to Watch on Wall Street November 12th

On Wednesday, November 12th, we take a look at earnings from retail giant Macy's Inc. (M) ahead of the busy holiday shopping season. Macy's, which also owns Bloomingdale's, is set to post its fiscal third quarter earnings on Wednesday morning before the market opens. Investors will be watching to see if it can fight off the challenges the retail sector has faced, with a decline in traffic and wallet-conscious consumers. We'll see if Macy's can break its losing streak after missing sales expectations for the past three quarters. Also, look out for earnings from J.C. Penney Company, Inc. (JCP) along with communications and IT company Cisco Systems Inc. (CSCO), both reporting results after the market closes. On the economic calendar, we note Wholesale trade numbers for September.