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Macy's: A Sell On Rising Credit Card Delinquencies
18 Apr 2024 06:52 GMT
Jason DoiyIntroduction Macy’s, Inc. (NYSE:M) is an American retail company that operates department stores across the entirety of America. As with many department stores in America, the past decade has been tough for Macy’s, with multiple store closures …
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US close: Stocks mixed as traders await inflation data, Q1 earnings
08 Apr 2024 21:29 GMT
(Sharecast News) - Wall Street stocks were little changed at the close of trading on Monday as major indices stalled ahead of key inflation data and first-quarter corporate earnings later in the week.
At the close, the Dow Jones Industrial Average was down …
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Levi Strauss shares surge 18% on raised profit guidance, holiday earnings beat
04 Apr 2024 17:14 GMT
The Levi Strauss & Co. label is seen on clothes in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022.
Andrew Kelly | Reuters
Shares of Levi Strauss surged 18% on Thursday after the retailer raised …
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Unpacking the Latest Options Trading Trends in Macy's
03 Apr 2024 20:55 GMT
Financial giants have made a conspicuous bearish move on Macy's. Our analysis of options history for Macy's M revealed 9 unusual trades.
Delving into the details, we found 11% of traders were bullish, while 88% showed bearish tendencies. Out of all …
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Nordstrom, Macy's deals could put private ownership back in vogue for US retailers
19 Mar 2024 22:40 GMT
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS
By Katherine Masters and Abigail Summerville NEW YORK (Reuters) - America's biggest publicly traded department store chains could be set for private-equity or hedge-funds ownership, dramatically changing the …
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The Macy's You Know and Love Is "Melting Away," Insider Admits—Here's What That Means
07 Mar 2024 13:54 GMT
Macy's is one of the most iconic U.S. retailers. The department store dates back to the mid-1800s, and for generations shoppers have relied on the trusted name for everything from clothing and shoes to bedding and dinnerware. However, according to …
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Macy's closes stores, Nvidia stock soars: How…
07 Mar 2024 10:31 GMT
Just what kind of an economy are we living in?
The contrasting fortunes of Macy's, a onetime pillar of retail, and Nvidia, an AI chipmaker that could become the most highly valued company ever, hint at the turbulent reality Americans inhabit.
Macy' …
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Macy's, Super Micro Surge; Apple, Tesla Dip Amid Market Fluctuations
06 Mar 2024 14:55 GMT
Midday trading sees notable movements with Macy's and Super Micro Computer experiencing significant rises, while tech giants Apple and Tesla witness declines. These shifts highlight the volatile nature of current market trends and the impact of various …
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Macy's Stock Rises as Investor Group Raises Buyout Bid. How the Battle's Playing Out.
04 Mar 2024 16:50 GMT
The investor group shopping for
Macy’s
is willing to pay a chunk more to secure the purchase of the department-store chain.
Macy’s
stock surged Monday as Arkhouse Management and Brigade Capital raised their bid by nearly $1 billion. They increased their …
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Investor group raises bid for US retailer Macy's to $6.6 bn
04 Mar 2024 02:12 GMT
Macy's has announced plans to close 150 'underproductive' stores.
Photo: Victor J. Blue / GETTY IMAGES NORTH AMERICA/Getty Images via AFP/File
Source: AFP
An investor group that offered to buy the struggling US department store …