-
Macy's CEO On Successful Online Business: Goal Is To Surpass Netflix
Thursday, June 18, 2015 - 2:55pm | 400Read More...Shares of omni-channel retailer Macy's, Inc. (NYSE: M) have been on a continuous bull run over the last five years, up by over 228 percent. However, contrary to popular opinion, much of that growth hasn’t come from the company’s brick and mortar stores, but rather through its e-...
-
Terry Lundgren: Macy's Is Booming In The Internet Business
Friday, November 28, 2014 - 11:17am | 358Read More...Thanksgiving can lead many to talk about Macy's, Inc. (NYSE: M), the iconic retailer that has been presenting the annual Macy's Thanksgiving Day Parade since 1924. Apart from spreading joy through the parade, the retailer has also made its shareholders quite happy as shares are up...
-
Wal-Mart's Woes In Attracting Clients No Different From Luxury Retailers
Tuesday, August 19, 2014 - 4:29pm | 743Read More...When asked to comment on how the retailer's core customer is adapting to the challenging economy, Wal-Mart's (NYSE: WMT) former president and CEO of Wal-Mart U.S. Bill Simon told Reuters, “We've reached a point where it's not getting any better, but it's not getting...
-
Top Trending Tickers On StockTwits For February 25
Tuesday, February 25, 2014 - 12:12pm | 1082Read More...Here's a look at the top tickers trending on StockTwits.com BlackBerry: Is the turnaround on track? BlackBerry (NASDAQ: BBRY) revealed its first Foxconn manufactured smartphone, the BlackBerry Z3. According to Techcrunch.com the phone is “a Nokia-like touchscreen smartphone with rounded sides, a...
-
Macy's To Beat Analyst Estimates And Cut Jobs
Thursday, January 9, 2014 - 9:34am | 590Read More...What a difference a few months can make. Macy’s (NYSE: M), the country’s second-largest department store chain, said it would beat analysts' estimates for profit through January 2015. In a statement, the company forecast profits per share of $4.40 to $4.50. According to Bloomberg, the average...
-
Macy's Will Ramp Up Marketing To Counter Slow Sales (M)
Thursday, August 15, 2013 - 10:58am | 537Read More...In the world of retail, disappointing numbers are a call to action. In the case of Macy’s (NYSE: M), a 1.6 percent decline in Q2 transactions will result in renewed efforts on the marketing front going into the second half of the year, according to The Wall Street Journal. The idea is to get...
-
Miracle or Not at 34th Street for Macy's?
Wednesday, November 9, 2011 - 4:01pm | 749Read More...Macy's (NYSE: M) reported third quarter earnings that beat Wall Street estimates this morning, but shares are selling off sharply, as the company cut guidance. Virigina, there might not be a Santa Claus this year, as least judging from the fourth quarter guidance from the department store company...
-
3 Stocks With Recent Dividend Boosts
Thursday, June 9, 2011 - 1:42pm | 400Read More...In a time of uncertainty, dividends and rising dividends are one of the best ways to build wealth. In market corrections, the companies that raise dividends allow you to buy more shares at cheaper prices. Once the market stops correcting, and starts its uptrend again, this is an added value...
-
Organizational Changes Brought Good Results: Macy’s (M) CEO
Thursday, February 4, 2010 - 12:53pm | 120Read More...Macy’s Inc. (NYSE: M) has issued strong sales numbers at $1.225 billion for the four week period ended on Jan.30, 2010. Macy’s same-store sales are up by 3.4%in January. Talking with CNBC, Terry J. Lundgren, chairman, president and chief executive officer of Macy’s Inc., said that the...







