梅西百货(M)
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Macy's (M) Relaunches Epic Threads for Back-to-School Season
ZACKS· 2024-07-17 23:40
Macy's, Inc. (M) celebrates the back-to-school season by reintroducing Epic Threads, a children’s clothing line that merges fun, functionality and sustainability. The refreshed collection, designed with input from kids, features vibrant, durable and versatile styles suitable for any activity.Now available at Macy’s stores nationwide, online and through the Macy’s app, Epic Threads helps children start the school year with confidence and style. The company’s extensive selection of trendy apparel, accessories ...
Macy's (M) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-07-17 06:56
Macy's (M) ended the recent trading session at $16.81, demonstrating a -0.24% swing from the preceding day's closing price. This change lagged the S&P 500's 0.64% gain on the day. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%.Shares of the department store operator have depreciated by 8.52% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 2.58% and the S&P 500's gain of 3.82%.The upcoming earnings release of ...
Bull Signal Flashing for Struggling Macy's Stock
Schaeffers Investment Research· 2024-07-17 03:27
Shares of Macy's Inc (NYSE:M) are up 0.4% to trade at $16.92 at last check, brushing off a price-target cut to $17 from $22 at ISI Evercore. The stock suffered a massive bear gap on the charts yesterday, after ending acquisition talks with Arkhouse Management Brigade Capital Management. While M carries a roughly 16% year-to-date deficit, it might not be time to shy away from the retail giant just yet.Macy's stock is a flashing a historically bullish signal on the charts. According to a study from Schaeffer' ...
Here's Why Macy's (M) Stock Sees a Sharp Drop in the Market
ZACKS· 2024-07-16 23:36
Shares of Macy's, Inc. (M) sharply declined 11.7% during the trading session on Jul 15, 2024, following the announcement of the termination of discussions with Arkhouse Management Co. LP and Brigade Capital Management, LP, regarding a potential acquisition. The seven-month engagement and thorough due diligence process revealed that the proposal lacked financing certainty and did not offer sufficient value. Macy's had been in discussions with Arkhouse and Brigade since December 2023. A confidentiality agreem ...
Macy's: Broken Market
Seeking Alpha· 2024-07-16 05:04
Alexey Koza/iStock via Getty Images In no real surprise, Macy's, Inc. (NYSE:M) terminated discussions with investment firms constantly lowballing the company with offers to acquire the business. The department store retailer has a valuable retail business and real estate assets worth billions, yet the firms continued to make offers far below the true value of just the real estate assets. My investment thesis is ultra-Bullish on the stock, dipping here due to a broken stock market. Source: Finviz Termi ...
Macy's Board Ends Acquisition Talks With Arkhouse, Brigade
PYMNTS.com· 2024-07-16 03:38
The Macy’s board of directors has unanimously decided to end acquisition talks with Arkhouse Management and Brigade Capital Management.The decision follows more than seven months of engagement that included a due diligence process, Macy’s said in a Monday (July 15) press release.“At this time, after careful review, we have concluded that Arkhouse and Brigade’s proposal lacks certainty of finance and does not deliver compelling value, notwithstanding the significant time, resources and information shared dur ...
Macy's shares slide as retailer ends buyout talks with Arkhouse, Brigade
Fox Business· 2024-07-16 00:57
文章核心观点 - 梅西百货公司(Macy's)宣布停止与Arkhouse Management和Brigade Capital Management就潜在收购事宜进行谈判 [1][2][3] - 梅西百货认为最新提议"仍然不可行,无法为股东提供有吸引力的价值" [2][3] - 梅西百货将继续推进其"全新篇章"的振兴计划 [8] 公司概况 - Arkhouse和Brigade曾于6月底提出以每股24.80美元收购梅西百货全部股份 [3] - 两家投资公司还向梅西百货提供了融资文件,但梅西百货认为这些文件"无法让董事会有信心在合理期限内获得完全承诺、融资到位且可行的要约" [3] - 梅西百货董事会一致决定结束与Arkhouse和Brigade的谈判 [3] 公司战略 - 梅西百货将在2026年前关闭约150家"效率较低"的门店 [10] - 公司将投资维护现有梅西百货门店,并继续扩张小型门店 [10] - 公司还将进一步发展旗下更高端的Bloomingdale's和Bluemercury品牌 [10] - 公司将在8月发布二季度财报时,更新"全新篇章"计划的进展情况 [11]
Why Macy's Is Crashing Today
The Motley Fool· 2024-07-16 00:25
The struggling department store retailer just isn't interested in selling itself at any reasonable price.Shares of iconic department store chain Macy's (M -12.21%) are down 13.3% as of 12:01 p.m. ET today, according to data from S&P Global Market Intelligence, as acquisition talks with a pair of potential suitors have ended with no deal being made. For many investors, the prospect of a buyout was the last great hope for the struggling retailer.Macy's hard-to-get gambit backfiresThe backstory behind today's ...
M Stock Plunges 13% as Macy's Calls Off Take-Private Talks
Investor Place· 2024-07-16 00:22
Macy’s (NYSE:M) stock is falling on Monday after the retailer called off talks of a deal that would have taken shares of M private.Macy’s revealed in a press release today that it is no longer moving forward with negotiations to take the company private. It was previously working with Arkhouse Management Co. LP and Brigade Capital Management, LP on the deal.Macy’s says the negotiations were shut down by its board of directors as the two investment firms failed to create an actionable proposal. Instead, the ...
Macy's Stock Plunges After It Ends Arkhouse, Brigade Buyout Talks
Investopedia· 2024-07-15 23:40
文章核心观点 - 梅西百货(Macy's)宣布结束与投资者Arkhouse Management和Brigade Capital Management的收购谈判,因为他们提出的最新收购价格"不具有吸引力" [2][3][6][7] - Arkhouse和Brigade最新提出的收购价格为每股24.80美元,较梅西百货当时的收盘价溢价38.3%,但梅西百货认为这一价格仍不具有吸引力 [6][7] 公司相关 - 梅西百货是美国最大的百货公司之一 [2] - 梅西百货此前曾拒绝了Arkhouse和Brigade提出的每股21美元和24美元的收购价格 [5] - 在与Arkhouse和Brigade的谈判过程中,梅西百货同意让两家投资者各推荐一名董事进入公司董事会 [5] - 梅西百货股价在周一交易中大跌超过13%至16.55美元 [7] 行业相关 - 梅西百货作为美国最大的百货公司之一,此次收购谈判的结果引起了市场关注 [2] - 百货行业面临着来自电商等新兴渠道的竞争压力,梅西百货也在寻求通过收购等方式来应对行业挑战 [2][5]