Retail and luxury stocks were mostly up in mid-morning trading on Thursday.
The struggling retailer is opting not to use any cash for an upcoming interest payment.
Gartner predicts that end-user spending will increase by two percent by year-end.
The activist is seeking to replace two board members with nominees of its own.
Retail, luxury stocks were uneven in mid-morning trading.
E-tail giant confirms full-year guidance.
Underlying sales were up 3 percent in the six months to March 31.
The financial services company is expanding its consumer engagement efforts through the deployment of AI-informed bots.