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27 02, 2024

Macy’s Beats Earnings, Teases Plans to Rejuvenate the Brand: Is it Time to Buy M at a Discount?
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Macy’s Beats Earnings, Teases Plans to Rejuvenate the Brand: Is it Time to Buy M at a Discount?

Feature: Stock Market Investing, Featured: News, Stock Market News

Macy’s Beats Earnings, Teases Plans to Rejuvenate the Brand: Is it Time to Buy M at a Discount?

By VectorVest|2024-02-27T17:17:46+00:00February 27th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Buy Recommendation, Consumer Cyclical, Department Stores, Featured, M, Macy’s Inc, Retail, Stocks In the News|

Macy’s (M) is up nearly 5% so far Tuesday morning after the retailer announced its Q4 earnings results along with its plans to rejuvenate the brand through a series of store closures, asset sales, and more. For the quarter ended on February 3rd, the company narrowed its loss to just $71 million from $508 [...]

22 01, 2024

Macy’s Climbs 2% After Turning Down $5.8 Billion Bid – Why it May Be a Good Time to Buy This Stock
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Macy’s Climbs 2% After Turning Down $5.8 Billion Bid – Why it May Be a Good Time to Buy This Stock

Feature: Stock Market Investing, Featured: News, Stock Market News

Macy’s Climbs 2% After Turning Down $5.8 Billion Bid – Why it May Be a Good Time to Buy This Stock

By VectorVest|2024-01-22T18:08:01+00:00January 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: Consumer Cyclical, Department Stores, Hot Stock, Hot Stocks, M, Macy’s Inc|

Two investment firms teamed up to submit a proposal to purchase Macy’s (M) back in December. After mulling over the offer for a few weeks, the retailer announced today that it would not be accepting the $5.8 billion bid brought forth. Arkhouse Management and partner Brigade Capital Management were eager to take the department [...]