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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 (...
Increased Purchase Price Represents a 51.3% Premium to Company’s Share Price on Nov. 30, 2023, and a 33.3% Premium to Closing Share Price on March 1, 2024 Fortress Investment Group and One Investment Management US Identified as Additional Equity Capital Partners in Proposed Transac...
2024-03-02 07:30:00 ET In this podcast, Motley Fool host Ricky Mulvey and analyst Jim Gillies discuss: Motley Fool personal finance expert Robert Brokamp and host Alison Southwick continue their conversation with Motley Fool analysts Jason Moser and Bill Mann. They cover the stocks that...
2024-02-27 14:30:22 ET Image source: The Motley Fool. Macy's (NYSE: M) Q4 2023 Earnings Call Feb 27, 2024 , 8:00 a.m. ET Operator Continue reading For further details see: Macy's (M) Q4 2023 Earnings Call Transcript
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 5.41% on the day to $20.34. Macy's, Inc., an omni-channel retail organization, operates stores, Websites, and mobile applications. The company sells ...
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Summer’s Greatest Hits continues with the refresh of Epic Threads, a stylish and versatile collection that takes kids from playground to parties and everything in between Macy’s Summer’s Greatest Hits celebrates back-to-school and with the relaunch of its beloved ...
2024-07-16 07:15:33 ET Retail sales in Colombia fell 1.7% year-on-year in May, marking the fifteenth consecutive month of decrease. This negative trend has accelerated from the previous month’s 1.6% dip. The protracted drop in retail sales reflects Colombia’s larger ec...
2024-07-15 12:25:45 ET Shares of iconic department store chain Macy's (NYSE: M) are down 13.3% as of 12:01 p.m. ET today, according to data from S&P Global Market Intelligence , as acquisition talks with a pair of potential suitors have ended with no deal being made. For man...