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Opening Glance: Specialty retailers rise



By AP
14 May 2008 @ 10:15 am EST

NEW YORK - Shares of specialty retailers rose in early trading Wednesday after department store chain Macy's Inc. reported a loss in its first quarter partly due to weak sales.

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Quotes
M 19.15 0.6
OMX 14.67 0.55
GPS 17.21 0.55
TJX 34 -1
LOW 21.2 0.56

SYMBOL LOOKUP

Investors also digested a Labor Department report that showed consumer prices rose 0.2 percent last month.

How some specialty retailers were trading:

OfficeMax Inc. rose 45 cents to $20.25.

Lowe's Companies Inc. climbed 36 cents to $24.75.

Gap Inc. jumped 39 cents to $18.85.

TJX Cos. rose 76 cents to $31.41.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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