10:23am ET
Investing
More Trouble for Macy’s Stock: S&P 500 Ouster
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.
Companies
/Consumer Cyclical
Macy`s Inc
$21.94
▲ $0.30 (+1.39%) today
Markets closed · 4:06am ET
M Coverage
Page 811:43am ET
Retail
Macy’s Furloughs Most of Its 125,000 of Employees
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 6:28am ET
Retail
Will Amazon End Up With 10% of American Retail Sales?
As the locations of major retailers remain closed, customers need to go elsewhere. Amazon is among the few places shoppers can actually go.
2:05pm ET
Investing
Many High-Profile Dividend Cuts That Could Come Very Soon
In this new frightening and recessionary environment, high dividends based on continued and easy coverage rates are viewed suspiciously.
9:09am ET
Investing
Top Analyst Upgrades and Downgrades: AMD, Apple, Cisco, Costco, Kroger, Lyft, Macy’s, Marvell, Starbucks, Vipshop and More
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.
12:00pm ET
Retail
Target Breaks Into Top 10 E-Commerce Companies
Big-box retailer Target has moved into the top 10 of retail e-commerce companies based on market share.
8:20am ET
Retail
Malls Face Ruinous Crisis
A new study forecasts that a global coronavirus pandemic could chop mall traffic severely, leaving both owners and department store retailers in deep trouble.
Douglas A. McIntyre 9:40am ET
Retail
Is This a Turning Point for Macy’s?
Macy’s released better than expected fiscal fourth-quarter financial results before the markets opened on Tuesday.
Chris Lange 10:40am ET
Retail
Will This Quarterly Report Show Macy’s Is Back on Track?
Macy’s is set to report its most recent quarterly results before the markets open on Tuesday. Analysts' expectations are rather low.
Chris Lange 10:45am ET
Investing
8 Dividend Picks With at Least 8% Yields and Projected Upside for 2020
These eight dividend picks have at least 8% yields, steady payouts and projected upside. They offer a diverse view of the broader dividend universe, but smaller and more questionable dividend payers were…
6:40am ET
Retail
Macy’s Stock Has Not Bottomed
The worry about Macy's is that, even with cost cuts, its top line will still drop over the next several years, along with same-store sales.
Douglas A. McIntyre 6:20am ET
Retail
Macy’s CEO, Who Made $23 Million, Fires 2,000 and Guts Shareholders
The long-held belief among investors is that the CEO is responsible for results in any company. If Jeff Gennette is not to blame for the Macy's disaster, who is?
Douglas A. McIntyre 8:20am ET
Retail
What Kohl’s Didn’t Say Sent Investors Fleeing
Department store retailer Kohl's said Thursday that same-store sales for the 2019 holiday season were down slightly and that full-year earnings would come in at the low-end of guidance. What it didn't…
10:40am ET
Retail
Do Macy’s Holiday Sales Signal a Turnaround?
Macy’s shares made a handy gain on Wednesday after the retailer announced its holiday season results. While these results were not necessarily positive, investors might see this as a turnaround from where…
Chris Lange 9:15am ET
Investing
5 Top (and Bottom) Performers in 2019 Among the S&P 500
The S&P 500 index rose by about 28% in 2019. Here are the five best and worst performers for the year.