News
M
18.51
-1.20%
-0.23
(M) - Analyzing Macy's's Short Interest
Macy's's short percent of float has fallen 10.47% since its last report. The company has 16.65 million shares sold short, which is 6.84% of all regular shares available for trading. Short interest is the number of shares that have been sold short but have not yet been covered.
Benzinga · 17h ago
Macy's: Still Looking For A Bigger Bid
Macy's has a buyout bid of $24 per share, up from the original offer of $21. The real estate value of Macy's is estimated to be worth double the current stock price. Macy's plans to focus on luxury stores and close underperforming locations while expanding the Bluemercury beauty brand. The department store's stock only trades at 7x the forward EPS targets.
Seeking Alpha · 22h ago
Weekly Report: what happened at M last week (0415-0419)?
Weekly Report · 3d ago
Spotting Winners: Kohl's (NYSE:KSS) And Department Store Stocks In Q4
The 4 department store stocks we track reported a solid Q4. On average, revenues beat analyst consensus estimates by 1.7%. Dillard's had the best Q4 and fastest revenue growth among its peers. Nordstrom had the weakest performance against analyst estimates and slowest revenue growth.
Barchart · 4d ago
Nordstrom Considers Go-Private Proposal Amid Retail Sector Struggles
CEO Erik Nordstrom and President Pete Nordstrom have notified the Board of their interest in taking Nordstrom private. Nordstrom has formed a special committee of independent directors to explore a range of alternatives. The company's market capitalization stands at approximately $3.06 billion. The founding family's interest in going private was reported in March.
Benzinga · 6d ago
PRESS DIGEST - Wall Street Journal - April 19
Apple says it has removed WhatsApp and Threads from its App Store in China. Schneider Electric is in talks to take control of Bentley Systems in a deal worth $15 billion. Members of the family that founded Nordstrom are considering a bid to take the company private. British privacy regulator says Google proposed replacements for cookies to protect consumer privacy.
Reuters · 04/19 04:56
Nordstrom Family Weighs Taking Retailer Private -- Update
Two members of the Nordstrom family are considering a bid to take the company private. Nordstrom's shares have dropped roughly 50% over the past five years. Macy's is under pressure to sell itself. The company's sales have declined in recent quarters. The Nordstrom company has a valuation of around $3 billion.
The Wall Street Journal · 04/18 20:36
UPDATE 4-Nordstrom to evaluate founding family's interest in pursuing take-private deal
Nordstrom to evaluate founding family's interest in pursuing a potential take-private deal. Company's board to form a special committee of independent directors to evaluate any proposal. The move comes at a time when department store chains across the U.S. Are grappling with weak sales. Nordstrom's shares were up 4.4% on Thursday.
Reuters · 04/18 20:18
Macy's: A Sell On Rising Credit Card Delinquencies
Seeking Alpha · 04/18 03:09
Here's Why Macy's (M) Outpaced Its Industry in the Past 6 Months
NASDAQ · 04/16 13:24
Retail Sales Paint A Tough Picture for Department Stores -- Market Talk
Department store retail sales were down 1.1% sequentially and 2.5% compared to a year earlier. Sales in the category were down 0.4% in the previous month. Consumers are pulling back at retailers like Nordstrom, Macy's and Dillard's.
Dow Jones · 04/15 16:53
Retail rallies after consumers keep spending at a solid pace in March
Seeking Alpha · 04/15 13:54
FACTBOX-US, Canadian companies kick off 2024 with layoffs
Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors. Amazon, Microsoft, eBay and others have announced job cuts in the first week of the year. Layoffs come as companies scramble to rein in costs in the face of a slowing economy.
Reuters · 04/15 11:22
Weekly Report: what happened at M last week (0408-0412)?
Weekly Report · 04/15 09:28
Proxy Fight Concludes, Yet Macy's Future Remains In The Balance: Report
Two new members will join CEO Tony Spring on Macy’s board. The board appointments mark the resolution of a proxy battle with activist Arkhouse Management. In December, Arkhouse and Brigade Capital Management attempted to acquire the struggling department store retailer. Macy's and Arkhouse have agreed to appoint two of Arkhouse's nine nominees to its board.
Benzinga · 04/13 19:26
BLOOMINGDALE'S LAUNCHES "CAMP BLOOMINGDALE'S"
The newest Carousel @ Bloomingdale's offers shoppers a sentimental one-stop-shop for summer must-haves. For the first time, Coleman, the experts in outdoor gear and equipment, will offer an array of campsite essentials. The pop-up will launch online and in select stores on April 11th.
PR Newswire · 04/11 16:21
Markets Had a Brutal Reaction to Inflation, Why -2-
Macy's put two of Arkhouse Management's director nominees on its board. The retailer is in the middle of a proxy fight with a potential buyout. Rent the Runway reported a loss in the fourth quarter. Costco reported a 9.4% sales jump in March.
Barron‘s · 04/11 10:44
Markets Had a Brutal Reaction to Inflation, Why There's No Need to Panic. And 5 Other Things to Know Before Markets Open.
Odds of a Federal Reserve interest-rate cut in June dropped after hot March inflation data. The market reaction could be a huge overreaction. The Fed's preferred inflation gauge, the consumer price index, isn't even the preferred gauge. Thursday's producer price index may provide better clues.
Barron‘s · 04/11 10:44
PRESS DIGEST - Wall Street Journal - April 11
Vertex Pharmaceuticals agrees to acquire Alpine Immune Sciences for $4.9 billion in cash. Macy's appoints two independent directors to its board. KPMG's Netherlands unit agrees to pay a $25 million fine over exam cheating claims. The top stories in the Wall Street Journal: Vertex agrees to buy a kidney disease company.
Reuters · 04/11 06:00
Consumer Sector Update for 04/10/2024: M, EBAY, DAL, PARA
NASDAQ · 04/10 19:48
More
Webull provides a variety of real-time M stock news. You can receive the latest news about Macys Inc through multiple platforms. This information may help you make smarter investment decisions.
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, which sell a range of merchandise, including apparel and accessories (men's, women's and kids'), cosmetics, home furnishings and other consumer goods. The Company has stores in 43 states, the District of Columbia, Puerto Rico and Guam. Its operations are conducted through Macy's, Macy's Backstage, Macy's small format, Bloomingdale's, Bloomingdale's The Outlet, Bloomie's, and Bluemercury. In addition, Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under a license agreement with Al Tayer Insignia. The principal private label brands offered by the Company include Alfani, And Now This, Aqua, Bar III, Belgique, Cerulean 6, Charter Club, Club Room, Epic Threads, Family PJ's, first impressions, Giani Bernini, Holiday Lane, Home Design, Hotel Collection, Hudson Park, Ideology, and others.