Macy’s Strategic Challenges and Balanced Risks Lead to Hold Rating
Analyst Paul Lejuez from Citi maintained a Hold rating on Macy’s (M – Research Report) and keeping the price target at $16.00.Pick the best ...
Hold Recommendation for Macy’s Amid Questionable EPS Gains and Strategic Concerns
Morgan Stanley analyst Alexandra Straton has maintained their neutral stance on M stock, giving a Hold rating yesterday.Pick the best stocks ...
Macy’s Probe Found Employee Acted Alone in $151 Million Accounting Scandal
Macy’s has completed its investigation into accounting problems and found that a single employee’s mistake and coverup ...
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Stock market today: Asian shares advance, tracking rally on Wall Street
Shares have advanced in Asia after Wall Street resumed its upward climb as an update on inflation appeared to clear the way ...
Macy’s provides more details about that employee who hid more than $150 million worth of expenses
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million ...
NYC prices rising faster than 12 other major US cities — quickest pace since March 2023
From rent to groceries to school tuition, consumer prices across the New York and New Jersey metro area spiked 4.3% from a ...
These Stocks Moved the Most Today: Tesla, GameStop, Super Micro, Macy’s, Hershey, Dave & Buster’s, Walgreens, Stitch Fix, and More
Tesla stock sets an all-time intraday high, GameStop posts a surprise quarterly profit even as sales fall 20%, and Macy’s cuts its outlook.
Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into an intentional coverup
Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal ...
Stock market today: Nasdaq closes above 20K for first time as tech resumes rally
The Labor Department's consumer price index (CPI) rose by 2.7% last month, accelerating slightly from 2.6% in October, while ...
Macy’s Earnings: Signs of Progress Despite Disappointing Near-Term Outlook
Although Macy’s shares fell by a mid-single-digit percentage on Dec. 11 as its fourth-quarter profit guidance was ...
News updates from December 11: US inflation rose to 2.7% in November; Nasdaq closes above 20,000 for first time
US inflation rose to 2.7 per cent in November, as the Federal Reserve considers how quickly to press ahead with lowering interest rates. The figure was in line with the expectations of economists ...
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Macy’s Stock Slides On Mixed Q3 Earnings, Profit Guidance Cut: Retail Sentiment Sours
Shares of department store Macy’s were down more than 5% on Wednesday after the company reported a lowered profit outlook for ...