<p>Macy's, Inc. (NYSE: M) surprised investors on Wednesday, after the department store missed expectations and reported second quarter earnings of $281 million, or 72 cents a share, compared with earnings of $279 million, or 67 cents a share, in the year-ago quarter.</p><p>Wall Street expected Macy's to report EPS of 79 cents on revenue of $6.28 billion, according to analysts polled by Reuters.</p><p>Shares of Macy's, Inc. dropped 4.74 percent to $46.20 in morning trade.</p><p>Deere & Company (NYSE: DE) issued a record fiscal third quarter results showing income rose to $996.5 million, or $2.56 a share, from $788.0 million, or $1.98 a share, in the same quarter last year. Revenue jumped 12 percent to $10.01 billion, from $8.93 billion in the year-ago period.</p><p>Shares of Deere & Company fell 2.71 percent to $81.64.</p><p>Billionaire investor Carl Icahn's Apple support sent the tech giant's stock price soaring near a seven-month high on Tuesday, after he said he would purchase a large amount of Apple shares because he believes the company's stock is undervalued. Icahn is known for taking big stakes in companies such as Yahoo, Motorola and Netflix.</p><p>Shares of Apple Inc. (Nasdaq: AAPL) rose 1.63 percent to $497.50 in early trade on Wednesday.</p><p>The Dow Jones industrial average fell 53.45 points, or 0.35 percent, at 15,397.56. The S&P 500 Index was down 3.59 points, or 0.21 percent, at 1,690.61. The Nasdaq Composite Index was down 5.87 points, or 0.16 percent, at 3,677.88.</p>
