In a surprising move, Macy’s ( VIE:MACY ) has announced the appointment of two new independent directors, Richard Clark and Richard Markee, while simultaneously continuing discussions with Arkhouse and Brigade regarding a potential acquisition deal. The reshuffle also sees Tony Spring, Macy’s CEO, taking on the additional role of chairman.
Richard Clark, a...
In a bid to secure a higher offer from Macy's ( NYSE:M ), investor Arkhouse Management has disclosed ongoing talks with the department store giant for access to due diligence materials. The move comes in response to Macy's characterization of the latest offer as "less than compelling," signaling a potential escalation in the battle for control over the iconic...
Macy's Inc. (NYSE: NYSE:M ) announced a comprehensive restructuring plan on Tuesday, including store closures and cost-saving measures, alongside a forecast for annual sales and profit below expectations.
Store Closures and Cost-Saving Measures
The department store giant revealed plans to shutter approximately 150 stores through 2026, aiming to streamline...
Check my prev post about $M for more details.
On D chart I see bullish flag. It can be a good spot for fast long trade. (+5-15%)
But be care with support line. If we broke it - it can be some down-trend on Dividends date.
Hi guys,
i have another interesting trade on NYSE:M .Its in pretty strong trend in daily and weekly timeframe too. Its testing weekly demand zone after correction last week. 14.17 - 15.30 its nice entry point to catch continuation of this strong uptrend. My target is near 0.786 fibbo level, there is strong supply zone in weekly timeframe.
Here is my...
