News
M
19.85
+4.04%
0.77
J.P. Morgan Sticks to Their Buy Rating for Macy’s (M)
TipRanks · 13h ago
Macy’s Strategic Overhaul and Cautious Outlook Prompt ‘Hold’ Rating
TipRanks · 17h ago
Macy's is closing stores this year - this retailer may scoop up the extra sales
Consumer Macy's is closing stores this year - this retailer may scoop up the extra sales. TJX Companies (TJX) may be the retailer best positioned to scoop up extra market share. Macy's announced earlier in the year that it will close 150 stores over the next three years and 50 by 2024.
Seeking Alpha · 1d ago
Is First Trust Mid Cap Core AlphaDEX ETF (FNX) a Strong ETF Right Now?
NASDAQ · 1d ago
RPT-BREAKINGVIEWS-Nordstrom take-private would strike a hard bargain
Breakingviews: Nordstrom take-private would strike a hard bargain. The family behind the $3 billion U.S. Department store chain is exploring taking it private. Winning over shareholders losses while promising high returns will be tricky, says Sharon Lam. Making it work requires that the company can reignite growth out of the public eye. Nordstrom tried to take the company private in 2018.
Reuters · 2d ago
Weekly Report: what happened at M last week (0318-0322)?
Weekly Report · 3d ago
Macy's Inc Closely Monitoring Developments On Matter Of CFPB Rule On What Credit Card Companies Can Charge For Late Fees For Missed Payment; $1B Of Impairment, Restructuring And Other Costs Recognized In 2023 Primarily Relates To Actions That Align With New Strategy; $957M Non-Cash Asset Impairment Charge Recognized In 2023 Primarily Related To About 150 Locations Planned For Closure Over Next 3 Years
Benzinga · 5d ago
After Hours Most Active for Mar 21, 2024 : INTC, TLT, CSCO, NDAQ, AAPL, MU
NASDAQ · 6d ago
How Is The Market Feeling About Macy's?
Macy's's short percent of float has fallen 16.57% since its last report. The company has 17.16 million shares sold short, which is 7.05% of all regular shares available for trading. Short interest is the number of shares that have been sold short but are not yet covered.
Benzinga · 03/20 17:15
Amazon's first Spring Sales event kicks off - watch these retailers for blowback
Amazon is holding its first Big Spring Sales event over the next five days. The shopping event is the first of its kind for the e-commerce giant. The event coincides with the busiest time of the year for Home Depot and Lowe's Companies. Analysts expect the event to pad Q1 revenue by $1B to $2B.
Seeking Alpha · 03/20 15:06
Macy's Opens Financial Records to Arkhouse, Brigade: Report
Macy’s Inc. Has reportedly agreed to disclose its financial records to Arkhouse and Brigade Capital. The company previously rejected a $6.6 billion privatization bid for the U.S. Department store operator. Access to Macy's information will help the company clinch debt commitments to finance the deal.
Benzinga · 03/20 11:37
Retail watch: Wave of privacy blows over U.S. department store chains
Two major U.S. Department store chains are exploring private ownership. Nordstrom's founding family is renewing a takeover offer for Macy's. Private equity interest may be making a comeback in the retail space. Retailers are struggling with muted consumer demand and growing competition from discount retailers.
Seeking Alpha · 03/20 10:48
RPT-Nordstrom, Macy's deals could put private ownership back in vogue for US retailers
Nordstrom, Macy's deals could put private ownership back in vogue for US retailers. Macy's and Nordstrom are America's biggest publicly traded department store chains. Nordstrom is expanding its discount-focused Nordstrom Rack business. Macys is facing an unsolicited hostile bid to take the chain private.
Reuters · 03/20 09:00
Nordstrom, Macy's deals could put private ownership back in vogue for US retailers
Nordstrom, Macy's deals could put private ownership back in vogue for US retailers. Macy's and Nordstrom are America's biggest publicly traded department store chains. Nordstrom's discount-focused sister chain Nordstrom is expanding into discount stores. The Nordstrom family is pushing for private ownership of the chain.
Reuters · 03/19 22:04
Macy's to Open Books to Arkhouse and Brigade Capital Amid Buyout Talks, Reuters Reports
Macy's will open its books to Arkhouse and Brigade Capital as it enters into a confidentiality pact with the investment firms, Reuters reports. Having access to such due diligence could enable arkhouse and brigade to secure debt commitments to finance the deal. Earlier in March, ark house and brigade raised their buyout bid for Macy's to $6.6 billion.
Dow Jones · 03/19 21:27
BUZZ-Macy's up after Reuters reports co to open its books in company sale talks
Reuters reports Macy's to open its books to investment firms as part of sale talks. Shares of department store chain Macy's M.N up 2.5% at $21.7. Investment firms had raised their buyout bid to $6.6 billion earlier this month.
Reuters · 03/19 19:21
EXCLUSIVE-Macy's opens its books in company sale talks
Macy's says it will open its books to Arkhouse and Brigade Capital in company sale talks. The investment firms' $6.6 billion bid to take the U.S. Department store operator private. Macy's has entered into a confidentiality pact with the firms to exchange commercially sensitive information.
Reuters · 03/19 19:19
Should First Trust Mid Cap Value AlphaDEX ETF (FNK) Be on Your Investing Radar?
NASDAQ · 03/19 10:20
Retail Sector Earnings Roundup: Analyzing The Winners And Losers
Home Stock Ideas Quick Picks & Lists Retail Sector Earnings Roundup: Analyzing The Winners And Losers. The holiday earnings season for retailers is nearly wrapped up. Most have reported better-than-feared results at the top and bottom line. Selective retail stocks remain a promising investment in 2024. The XRT retail ETF offers investors a more diversified option.
Seeking Alpha · 03/18 13:15
Should You Invest in the First Trust Consumer Discretionary AlphaDEX ETF (FXD)?
NASDAQ · 03/18 10:20
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About M
Macy's, Inc. is an omni-channel retail company. The Company operates stores, websites and mobile applications under three brands (Macy's, Bloomingdale's and bluemercury) that sell a range of merchandise, including apparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The Company operates approximately 722 store locations in 43 states, the District of Columbia, Puerto Rico and Guam. The Company's operations are conducted through Macy's; Macy's Backstage; Market by Macy's; Bloomingdale's; Bloomingdale's The Outlet; Bloomies, and bluemercury. In addition, Bloomingdale's in Dubai; United Arab Emirates, and Al Zahra, Kuwait. The principal private label brands offered by the Company include Alfani, And Now This, Aqua, Bar III, Belgique, Charter Club, Club Room, Epic Threads, Family PJ’s, first impressions, Giani Bernini, Holiday Lane, Home Design, Hotel Collection, Hudson Park, Ideology, I-N-C, jenni, JM Collection, and Karen Scott.