Only 25 Shopping Days Left Until Christmas
With Thanksgiving a day behind , and Black Friday is today, the holidays have already become a source of anxiety for retailers. Industry experts believe that Black Friday has lost ...Read Full Story »
Macy’s, Inc. (NYSE:M)
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Watch Christmas Spending Surge
There are two theories about what will driven consumer spending. On the pessimistic side, the trade war with China will raise consumer prices and cost jobs in some parts of ...Read Full Story »
Only 32 Shopping Days Left Until Christmas
Discounts on retailer merchandise have already begun, a week from Black Friday. Walmart is offering discounts on Apple’s iPhone and smartwatch. Several retailers have cut TV prices by more than ...Read Full Story »
Top Analyst Upgrades and Downgrades: Baidu, Cerner, Duke Energy, Hertz, JD.com, Luckin Coffee, Macy’s, Teladoc, Uber, Waste Management and More
Stocks have pulled back from their all-time highs this week as the U.S.-China trade war resolution may have run into more snags. Stocks were indicated to open higher on Friday, ...Read Full Story »
Macy’s Piles On More Bad News
Macy’s Inc. (NYSE: M) reported third-quarter 2019 results before markets opened Thursday. The department store giant posted adjusted diluted earnings per share (EPS) of $0.07 on revenues of $5.17 billion. ...Read Full Story »
Will Macy’s Turn Itself Around With Earnings Wednesday Morning?
Macy’s Inc. (NYSE: M) is scheduled to release its fiscal third-quarter financial results before the markets open on Thursday. The consensus estimates are calling for breakeven earnings per share (EPS) ...Read Full Story »
Macy’s Hit With Malware Attack, Customer Data Stolen
Retail giant Macy's Inc. (NYSE: M) revealed on Tuesday that its e-commerce website, Macys.com, was the victim of a malware attack on October 7. The malware, known as Magecart, installs ...Read Full Story »
Top Analyst Upgrades and Downgrades: Agilent, Alphabet, Altria, Amazon, Boeing, Caterpillar, Chipotle, E*Trade, Gap, Snap, Twitter and More
Stocks were indicated to open marginally higher on Friday as earnings season is so far proving to be not as bad as many investors had modeled in for the third ...Read Full Story »
Top Analyst Upgrades and Downgrades: AGCO, American Airlines, BofA, Beyond Meat, Ciena, DocuSign, Domo, Eloxx, HCA, Lululemon, Zoom Video and More
Stocks had surged on Thursday on more hopes for trade talks with China set to resume in October, and the markets were indicated to open up by 0.3% on average ...Read Full Story »
One of America’s Greatest Retailers Has Seen Its Stock Drop by Half
Some of the nation's largest retailers have been battered for years by the rise of e-commerce. Several companies, like Sears, have gone bankrupt. Others, like J.C. Penney, are nowhere near ...Read Full Story »
Can Dillard’s Afford a 50% Dividend Hike?
On Thursday, department store retailer Dillard's Inc. (NYSE: DDS) announced a 50% boost to the company's quarterly cash dividend. The new $0.15-per-share dividend will be paid in November to shareholders ...Read Full Story »
Top Analyst Upgrades and Downgrades: Altria, Apple, BJ’s, Exxon, Gap, HP, Salesforce, VMware and More
Friday's stock market indexes were set to open higher ahead of many Federal Reserve comments, but China retaliated in the trade war by announcing new tariffs on $75 billion worth ...Read Full Story »
Are Macy’s Earnings a Warning to Other Retailers?
Macy’s Inc. (NYSE: M) reported its most recent quarterly results before the markets opened on Wednesday. The retailer said that it had $0.28 in earnings per share (EPS) and $5.55 ...Read Full Story »
What to Expect When Macy’s Reports Wednesday Morning
Macy’s Inc. (NYSE: M) is scheduled to release its fiscal second-quarter financial results before the markets open on Wednesday. The consensus forecast calls for $0.45 in earnings per share (EPS) ...Read Full Story »
China Tariff Delay Comes to Market’s Rescue
The S&P 500 and Dow Jones industrials are turning it around after a two-day losing streak. This comes on the heels of news that the United States has removed some ...Read Full Story »
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