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Macy's stock price fell as much as 4% in premarket trading on Monday. The company was due to report its earnings on Tuesday; it said the release is now planned for December 11 as it completes its ...
The company recently decided against a take-private offer in favor of improving its business. In July, Macy's ended talks with activist investor Arkhouse and Brigade Capital Management, who had ...
The investors claim that Macy’s real estate, including its flagship store at Herald Square in New York City, is worth up to $9 billion on the open market, nearly double Macy’s closing market ...
Macy's on Monday delayed its third quarter earnings release as it conducts an internal investigation into an employee hiding up to $154 million of expenses.An employee responsible for small ...
The original proposal, made on Dec.1, would see the company go private for $21.00 per share, a 32% premium to Macy’s share price then. The 165-year-old department store now has to contend with ...
The deal would pay shareholders a 32% premium above Macy’s closing price Friday. ... Macy’s stock price has dropped 75% from a peak of $73 a share in 2015. ... Shoppers pass a Macy's ...
Coming into today, shares of the department store operator had gained 12.33% in the past month. In that same time, the Retail-Wholesale sector lost 6.89%, while the S&P 500 lost 0.41%.
The Macy's company logo is seen at the Macy's store on Herald Square on January 19, 2024 in New York City. ... its original proposal of $21 per share — and a 51.3% premium to Macy’s share ...