Needs to put his money to show his confidence in the company.Do what Jamie Dimon did.
Still large enough to negotiate margin in a soft market for coats.This is the 1st I've heard of such a guaranty on margin.
Anyone else hear this on CNBC this AM.Because Macy's has such massive buying power,they can dictate the margin.When the customer gets a bargain on a coat,chances are they will spend savings in same store.
This may sound right but because Macy's has such massive buying power they have a certain margin guarantee from the manufactures.This was discussed with Simon Hobbs on CNBC this am. Most consumers will take some of that savings and spend it in the store because they got such a great deal on first purchase.
I 100% agree.I think bhi got the flush out at $43 earlier this week.BHI is holding up decent today with oil down 4% today.I also believe oil will be substantially higher 1 year from today which will reflect in HAL higher stock price at end of 2016.
That's 3 days before end of year or is most of big firms selling almost done?I'm waiting till financials pop a little more so I can sell financials and buy more Macy's.
No pussyfooting around for HAL.Tell us exactly what you want for this deal to get threw.Sounds like a good bold move to get this deal to close asap.
Mr market is saying deal is dead but highly unlikely.Even if it doesn't happen $2.5 biilion could add to bottom line..
Remember when snow started to pile up last winter.Yes it wasn't until late January. Winter coats sales will be off but don't count out mother nature and need for warmer clothing.