M News and Press, Macy's Inc From 03/08/24

2024-03-08 00:28:52 ET Summary David Tepper's 13F portfolio value increased from ~$5.07B to ~$5.79B this quarter. Tepper established new stakes in Oracle, ARK Innovation ETF, and United Parcel Service. Tepper increased his stakes in Microsoft, Amazon, Alibaba Group Holding, Ca...

2024-03-07 17:12:10 ET More on Macy's Macy's: This Buyout Offer Creates A Favorable Risk To Reward Situation Smart Money Says Macy's Is Too Cheap Macy's: 'A Bold New Chapter' Or Same Old Story? Macy's receives higher bid from investor group (update) 4...

2024-03-05 18:50:27 ET Summary Macy's, Inc. has received a revised buyout offer of $24 per share, creating a favorable risk-to-reward scenario for shareholders. The company has experienced a decline in revenue and profits but has managed to reduce debt and maintain strong cash flo...

2024-03-05 11:55:11 ET In this podcast, Motley Fool analyst David Meier and host Deidre Woollard discuss: Motley Fool contributor Matt Frankel and host Ricky Mulvey look at Meta Platforms ' rebound and if PayPal could be next for a glow-up. To catch full episodes of all The ...

2024-03-05 08:50:13 ET Summary Macy's stock has surged 56% since my last article, driven by takeover interests and a higher bid of $24 per share. The company is in a good spot to ask for an even higher offer, as it is working on a promising turnaround strategy, that will reshape M...

Stocks retreated Monday despite a rallying group of technology stocks tied to the artificial intelligence boom. The 30-stock index lost 97.55 points to close Monday at 38,989.83. The S&P 500 dropped 6.13 points to 5,130.95. The NASDAQ faded 67.43 points to 16,207.51. Losses we...

Macy's, Inc. (NYSE: M) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 15.4% on the day to $20.78. Macy's, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. The company sells ...

2024-03-04 11:37:00 ET Three months ago, Macy's (NYSE: M) shares flew higher in response to a buyout offer for $21 per share (or $5.8 billion) from private equity firms Arkhouse Management and asset manager Brigade Capital Management. Over the weekend, these would-be buyers rais...

2024-03-04 05:52:12 ET DENVER, Colo., Mar 04, 2024 ( 247marketnews.com )- Arkhouse Management announced, on Sunday, that it increased its all-cash offer to acquire Macy’s (NYSE: M ) for $24.00 per share, representing a 51.3% premium to Macy’s unaffected share price on ...

Reiterates Board and Management’s Commitment to Long-Term Value Creation Macy’s, Inc. (NYSE: M) today confirmed that it has received a revised, unsolicited, non-binding proposal from Arkhouse Management Co. LP (“Arkhouse”) and Brigade Capital Management, LP (...