There was little doubt that J.C. Penney would file for bankruptcy protection. Its reorganization plan is mainly about the real estate. The retailer expects to close 200 stores this year and more…
24/7 Wall St. previews Home Depot, Target, Walmart and some of the other key companies reporting this coming week.
Thursday's top analyst upgrades and downgrades included Costco Wholesale, CVS Health, Etsy, General Motors, Kohl's, Macy's, Peloton Interactive, Shopify, Twilio and Wynn Resorts.
Investors holding these shares, or aggressive accounts looking for new short ideas, should consider taking a long look at these troubled stocks.
J.C. Penney, Gap and Macy's are all on the ropes. Together they employ more than 340,000 people, and their fates depend on how long the economy is shut down.
Over the next two months, Macy’s Inc (NYSE: M | M Price Prediction) will open all 775 of its stores. This includes its Bluemercury outlets. The company’s CEO Jeff Gennette says he…
Just like the coronavirus affects people weakened by chronic health problems, the pandemic also has a more profound effect on companies that are financially weak. J.C. Penney continues to mull a bankruptcy…
Retailer Macy's is reportedly considering issuing new debt backed by some of its owned real estate. How that property will be valued could mean the difference between survival and extinction for the…
Paul Ausick In the strongest months as the economy recovered from the Great Recession, America added between 150,00 and 350,000 jobs a month, according to the BLS. In an average month, that number was…
Macy's has reportedly hired an investment bank to help it figure out how to maintain liquidity during a period when essentially all its stores are closed.
Paul Ausick Macy’s stock hit an all-time low in Wednesday’s session after it was announced that the company would be leaving the S&P 500.
Department store operator Macy’s announced on Monday that it will furlough a “majority” of its employees as a result of ongoing concerns about the coronavirus pandemic.
Chris Lange As the locations of major retailers remain closed, customers need to go elsewhere. Amazon is among the few places shoppers can actually go.
In this new frightening and recessionary environment, high dividends based on continued and easy coverage rates are viewed suspiciously.
Friday's top analyst upgrades, downgrades and initiations included Advanced Micro Devices, Apple, Booking, Cisco Systems, Costco Wholesale, Kroger, Lyft, Macy's, Marvell Technology and Starbucks.
