Greek ETF tanks; Macy's falls on downgrade; GE sale of banking assets

Here’s a look at some at some of the stocks the Yahoo Finance team will be tracking for you today.

The Greek ETF -- Global X FTSE Greece 20 ETF (GREK) which tracks the performance of the 20 largest securities listed on the Athens Stock Exchange (SAGD.AT) is plunging in early trading after Greece failed to strike a deal with its creditors over the weekend.  Athens has closed banks and the stock market, and imposed capital controls.

Macy's (M) shares are lower this morning. Deutsche Bank downgraded the department store chain to "sell" from "buy". The firm says it does not have confidence the retailer could break out of its same-store sales rut.

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General Electric (GE) shares also slipping in early trading.  The industrial conglomerate took another major step in shedding its banking businesses. The company is selling its GE Capital operations that provide commercial car and truck financing in the U.S., Mexico, Australia and New Zealand for about $7 billion in cash to Canada's Element Financial.  Meantime, Paris-based Arval has entered into a memorandum of understanding to purchase GE Capital's European fleet operations.

Apollo Education (APOL) shares are also in focus this morning. The owner of the University of Phoenix and other for-profit colleges is set to report results after the close of trading today.  Analysts are looking for Apollo to earn $0.47 a share. That's down sharply from $0.76 per share the company earned a year ago. Revenue is expected to fall more than 12% to about $698 million.