|Bid||0.00 x 700000|
|Ask||0.00 x 6000|
|Day's Range||480.00 - 480.00|
|52 Week Range||334.56 - 667.33|
|PE Ratio (TTM)||210.80|
|Forward Dividend & Yield||1.26 (5.87%)|
|1y Target Est||N/A|
Macy's (M) has undertaken a slew of measures revolving around stores closures, cost containment and investment in omni-channel capabilities to drive performance in the fiscal fourth quarter.
Consequently, Walmart’s results will probably continue to be lackluster or worse going forward. Meanwhile, the valuation of WMT stock is still high compared to that of other major retailers. Consequently, investors should sell their WMT stock.
Even though markets have begun to stabilize in the wake of the recent sell-off, investors need to remain just as vigilant in their pursuit of stocks poised to top earnings estimates. For instance, Walmart (WMT) was cruising along until it fell short of Q4 earnings estimates before markets opened on Tuesday. Its stock price has sunk more than 12% since then.
Former Macy's Inc. CEO and chairman Terry Lundgren stopped by CNBC to let the network know what he's been up to since retiring from the Cincinnati-based retail giant (NYSE: M). Lundgren, looking relaxed in a turtleneck sweater and vest, told CNBC's Andrew Ross Sorkin that he has actually been investing in retail stock since his retirement from the industry. "I never bought a retail stock ever until the day I retired, and then all of a sudden I did," Lundgren said.
With an ROE of 16.29%, Macy’s Inc (NYSE:M) outpaced its own industry which delivered a less exciting 12.08% over the past year. On the surface, this looks fantastic since weRead More...
The reduction in the corporate tax rate will boost Macy's cash flow. It could also encourage the company to become more aggressive about selling off non-core real estate.
Moody's Investors Service has affirmed the ratings on seven classes in CSAIL 2015-C2 Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2015-C2 as follows: Cl. A-1, Affirmed ...
Regional department store chain Bon-Ton filed for bankruptcy earlier this month. Find out why the company's business has been eroding for years with little hope in sight even if it avoids a liquidation.
Moody's Investors Service, ("Moody's") has affirmed the ratings on ten classes in Wells Fargo Commercial Mortgage Trust 2014-LC16, Commercial Mortgage Pass-Through Certificates, Series 2014-LC16 ...
Most businesses have a lot to gain from the new tax law, but the retail space in particular is cheering the impact it'll have on their bottom lines.
Moody's Investors Service, ("Moody's") has affirmed the ratings on fourteen classes of UBS-Barclays Commercial Mortgage Trust 2013-C6, Commercial Mortgage Pass-Through Certificates, as follows: ...
Macy’s has launched a new pop-up concept that gives brands and other companies a venue to sell their products and services on the ground floor of the retailer’s stores. Can the strategy draw prized Millennials in search of new discoveries?
Moody's Investors Service has affirmed the ratings on twelve classes in WFRBS Commercial Mortgage Trust 2014-C20 as follows: Class A-1, Affirmed Aaa (sf); previously on April 21, 2017 Affirmed Aaa (sf) ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on five classes in GMAC Commercial Mortgage Securities, Inc. Series 2004-C2 Commercial Mortgage Pass-Through Certificates, Series ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on eight classes in Wells Fargo Commercial Mortgage Trust 2015-C27, Commercial Mortgage Pass-Through Certificates, Series 2015-C27, ...
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Macy's Inc will introduce a collection of modest ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on twelve classes in UBS-Barclays Commercial Mortgage Trust 2013-C5, Commercial Mortgage Pass-Through Certificates, Series 2013-C5, ...
Cincinnati-based department store chain Macy's Inc. is in the middle of a push to beef up its digital presence, the revenue from which has been growing by double digits for years. Macy's (NYSE: M) chief technology officer and executive vice president Yasir Anwar, who was named to that position in June 2017 , was hired away by home furnishings retailer Williams-Sonoma. Anwar will serve as that company's chief technology officer in charge of digital experience, retail stores and supply chain as well as its 3-D imaging and augmented reality platform Outward.
Macy's probably improved its leverage ratio significantly last quarter. This could position it to start buying back stock again in 2018 -- depending on how it proceeds in its partnership with Brookfield Asset Management.
Cincinnati-based department store Macy's Inc. will begin experimenting with an in-store pop-up marketplace to give customers more variety. CNBC first reported that Macy's (NYSE: M) is opening "The Market @ Macy's" in 10 cities. The program give Macy's insight into what customers want, and brand partners the opportunity for a brick-and-mortar presence and exposure to a large audience.
The rise of e-Commerce is changing the landscape of real estate worldwide. Many properties that were prized possessions of prominent retail real estate investors are being shuttered as retails consolidate or shut-down.