macy's

Macy’s Inc (NYSE:M) CEO Tony Spring faces a race against time to reverse the company’s fortunes. Two new members will join the CEO on the department store retailer’s board amid its deliberations over whether to back his vision or sell to activist investors, reported CNBC. The...

Now that the festive celebrations and holidays are over and we are in a brand new year, it's time to evaluate all the purchases and gifts you've received. It's quite likely that some items either don't fit you, or you might not need or like some of them. In such a scenario, you might want to know...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Macy’s Inc. (NYSE: M) traded today at a new 52-week high of $25.16. So far today approximately 8.3 million shares have been...

The COVID-19 pandemic caused disruptions to the back-to-school shopping season in 2020 as parents braced for hybrid and at-home learning. With many schools expecting to resume in-person learning in 2021, the back-to-school shopping season could be a potential boon for retailers....

Payments services provider Square (NYSE: SQ) announced on Sunday night that it was acquiring Afterpay for approximately $29 billion in stock. The deal is an all-stock transaction, with Square acquiring all the issued shares of Afterpay, pending a court-approved "Scheme of Arrangement." A Scheme of...

Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty. Returning buyers and chief executives were among the insiders making purchases this week. Biotechs, REITs and a car rental leader saw notable insider purchasing of shares. Conventional...

This weekend's Barron's cover story examines the prospects for an iconic beverage giant in a post-pandemic world. Other featured articles discuss emerging markets stock on the rise and where to find yield in utilities. Also, the prospects for medical REITs, a supermarket operator, cancer-...

Among key business events for the week is the Job Openings and Labor Turnover Survey for April which is down from 6.2 million in March. Additionally, stocks surged last Friday due to better-than-expected May jobs data, showing us that the economic recovery from the coronavirus lockdown is...

Macy’s Inc. (NYSE: M) announced on Monday that it had raised a total of $4.5 billion in new financing round, which includes the previously announced $1.3 billion in 8.375% in senior secured notes, as well as $3.15 billion in borrowings against its real estate assets. What Happened Macy...

At the outset, 2020 was shaping up to be a good year for retail, buoyed by low unemployment and a strong consumer base. However, the COVID-19 coronavirus became a global pandemic, forcing thousands of businesses to close and endangering the existence of high debt, low profitability retailers. As...

This weekend's Barron's cover story includes 10 picks for the small-cap rally. Other featured articles discuss a consumer finance stock that looks attractive now and a struggling retailer in need of a miracle. Also, the prospects for a travel company, a technology giant, an athletic shoe...

Popular retail giant's stock is down and is one of the worst performing name in the S&P 500, with its stock down being slashed 46% this year. As this wasn't enough, in a serious data breach, popular US retail giant Macy's Inc (NYSE: M) has admitted that cyberthieves stole customers...

Earnings are off to a poorer start this week as Home Depot Inc (NYSE: HD) and Kohl's Corporation (NYSE: KSS) both missed. Although Home Depot reported revenue was impacted by investments into its business, which may pay off in the longer term, it cut its guidance for the second quarter in...

This weekend's Barron's cover story explains how to generate income in retirement. Other featured articles discuss big tech's take on banking and retailers that have been left behind. Also, the prospects for a medical devices maker, a financial services play, a retail giant still...

Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included the iPhone maker and a department store operator. Bearish calls included big automakers and a consumer products maker. The broader equity markets are now up about 3 percent since the...