|Bid||33.01 x 800|
|Ask||33.02 x 800|
|Day's Range||32.50 - 33.30|
|52 Week Range||17.41 - 41.99|
|Beta (3Y Monthly)||0.09|
|PE Ratio (TTM)||6.15|
|Earnings Date||Nov 14, 2018|
|Forward Dividend & Yield||1.51 (4.67%)|
|1y Target Est||36.00|
High-end fashion brand Badgley Mishka President talks about tariffs and how that's affecting the retail business. Yahoo Finance's Seana Smith, Adam Shapiro, and Sibile Marscellus discuss.
Macy’s, the gift destination for the holiday season, is channeling the spirit of giving through a special selection of the latest and greatest gifts for everyone on your list. Shoppers can get started early this year and find the perfect gift with the help of Macy’s Gift Guide, curated by Macy’s Fashion Office experts. “The holidays are our favorite time of the year at Macy’s,” said Durand Guion, group vice president, Macy’s Fashion Office.
Investor reaction might have seemed disproportionate to Kylie Cosmetics coming to Ulta Beauty, but Wall Street pros say this is symbolically significant.
The ratings on six P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. The performance expectations for a given variable indicate Moody's forward-looking view of the likely range of performance over the medium term. Performance that falls outside the given range can indicate that the collateral's credit quality is stronger or weaker than Moody's had previously expected.
Sears has officially filed for bankruptcy after years of poor sales and massive losses. This map shows where Sears and Kmart will remain — for now — after filing for bankruptcy.
Over the past several years, investors have been willing to take on additional risk in the equity markets due to robust growth potential, and as such, riskier names with big growth profiles have out-performed. The Federal Reserve is unwinding its balance sheet. It is probably a good time to shift money into cheap stocks with low risk profiles.
The bearish sentiment comes ahead of what analysts say will be a terrible fiscal third quarter as earnings plunge. The decline highlights the continuing revenue and earnings challenges Macy's faces as the entire retail industry restructures in the face of relentless competition from internet retailers. The options due to expire on November 16 have seen a more than ten-fold increase in the volume of open puts at the $30 and $29 strike price.
All things considered, it could have been worse. The S&P 500 could have closed at Wednesday’s low of 2,781.81, logging a 1% loss for the session, quelling any hopes for a rebound built on Monday’s big bounce. But the market snapped back at mid-day, closing the gap to a loss of only 0.03% yesterday.
Moody's Investors Service, ("Moody's") has affirmed the ratings on seven classes in UBS Commercial Mortgage Trust 2017-C4, Commercial Mortgage Pass-Through Certificates, Series 2017-C4 as follows: ...
Cincinnati-based Macy's Inc. partnered with an Ohio company on what the duo is calling the largest virtual reality rollout in retail history.
Critics underestimate the strength of Macy's balance sheet and are wrong about the likely impact of rising interest rates on the company.
Macy’s offers virtual reality experience in approximately 70 stores nationwide and plans to open 20 more by January 2019
Cincinnati-based Macy's Inc. is adding the CEO of United Parcel Service Inc. to is board of directors.
Locally, Macy's Inc. plans to hire 200 full- and part-time seasonal workers for the 2018 holiday shopping season.
Dillard's (DDS) soft cash flows are resulting in lesser share buybacks, which has been denting profitability. However, its growth strategies are encouraging.
Macy’s, Inc. (NYSE:M) today announced the appointment of David Abney, chairman and chief executive officer of United Parcel Service, Inc., to its board of directors, effective October 25, 2018. Abney has held the roles of chairman and chief executive officer of UPS, Inc. since 2016 and 2014, respectively. “David is a strong leader who understands what we need to win in this dynamic, competitive retail environment.
Sid Hasan left corporate America in 2016 to start MeSpoke, a digital community for retail shopping. The startup, founded in Florida and now based in Reston, is building a network with app downloads in 62 countries and some new recognition of its potential to change the apparel industry (see a recent Forbes article).
Moody's Investors Service, ("Moody's") has affirmed the ratings on nine classes of DBUBS 2011-LC3 Mortgage Trust as follows: Cl. A-4, Affirmed Aaa (sf); previously on Oct 5, 2017 Affirmed Aaa ...
Can New CEO Bring JCPenney Back on Track? JCPenney’s (JCP) net sales declined 7.5% in the second quarter of fiscal 2018, which ended on August 4, causing a 6.0% fall in the net sales for the first half of fiscal 2018. JCPenney’s same-store sales increased 0.3% in the second quarter and 0.2% in the first half of fiscal 2018.