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Macy's (M) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
On February 2, 2009, Macy's announced the elimination of 7,000 jobs, or 4% of its workforce, and slashed its dividend as it looked to lower expenses as part of a major restructuring. Cincinnati-based Macy's Inc. stated that the workforce reduction included positions in offices, stores, and other locations, and the cuts include some unfilled jobs.
Since its 1992 debut, Macy's stock is up 205% from its split-adjusted $5.75 IPO but is down more than 75% from its 2015 record high around $73. Jared Blikre is a reporter focused on the markets on ...
Macy's (originally R. H. Macy & Co.) is an American department store chain founded in 1858 by Rowland Hussey Macy.It has been a sister brand to the Bloomingdale's department store chain since being acquired by holding company Federated Department Stores in 1994, which renamed itself Macy's, Inc. in 2007.
Macy's stock jumped more than 4% by midday Tuesday. The original proposal made by Arkhouse on Dec. 1 would see the company go private for $21.00 per share, a 32% premium to Macy’s share price at ...
This is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index contains 401 stocks because it includes two share classes of stock from 1 of its ...
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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 ...