Friday, October 18

Tag: M

Stocks Edge Higher Ahead of Inflation Data, Fed Meeting
12Dec By adminNo Comments
World

Stocks Edge Higher Ahead of Inflation Data, Fed Meeting

Gains across a swath of stocks on Monday offset declines in big technology shares, keeping major indexes steady ahead of coming inflation data.Monday extended a recent trend: Since a lower-than-expected inflation reading last month, investors have piled into the stocks of moderately sized companies, while cooling on the giant tech firms that had previously driven this year’s rally.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Stocks Edge Higher Ahead of Inflation Data, Fed Meeting
11Dec By adminNo Comments
Money

Stocks Edge Higher Ahead of Inflation Data, Fed Meeting

Gains across a swath of stocks on Monday offset declines in big technology shares, keeping major indexes steady ahead of coming inflation data.Monday extended a recent trend: Since a lower-than-expected inflation reading last month, investors have piled into the stocks of moderately sized companies, while cooling on the giant tech firms that had previously driven this year’s rally.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Macy’s Buyout Could Take a Miracle on 34th Street
11Dec By adminNo Comments
Money

Macy’s Buyout Could Take a Miracle on 34th Street

A suitor has shown up at Macy’s door. As any shopper knows, though, wanting to buy something is one thing and being able to afford it is another. Real-estate focused investing firm Arkhouse Management and global asset manager Brigade Capital Management on Dec. 1 submitted a proposal to purchase Macy’s stock they don’t already own, The Wall Street Journal reported on Sunday. Their offer price is $21 a share, 21% higher than where Macy’s stock closed last Friday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Investor Group Launches $5.8 Billion Buyout Bid for Macy’s
10Dec By adminNo Comments
Money

Investor Group Launches $5.8 Billion Buyout Bid for Macy’s

An investor group has made a $5.8 billion offer to buy Macy’s, in a bid to take the famed department-store chain private after stiff competition from online rivals took a big bite out of its value.Arkhouse Management, a real-estate focused investing firm, and Brigade Capital Management, a global asset manager, on Dec. 1 submitted a proposal to acquire the Macy’s stock they don’t already own for $21 a share, people familiar with the matter said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Investor Group Launches $5.8 Billion Buyout Bid for Macy’s
10Dec By adminNo Comments
World

Investor Group Launches $5.8 Billion Buyout Bid for Macy’s

An investor group has made a $5.8 billion offer to buy Macy’s, in a bid to take the famed department-store chain private after stiff competition from online rivals took a big bite out of its value.Arkhouse Management, a real-estate focused investing firm, and Brigade Capital Management, a global asset manager, on Dec. 1 submitted a proposal to acquire the Macy’s stock they don’t already own for $21 a share, people familiar with the matter said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Black Friday Deals Started Early, and Shoppers Were Choosy
25Nov By adminNo Comments
World

Black Friday Deals Started Early, and Shoppers Were Choosy

Updated Nov. 24, 2023 6:16 pm ETMillions of Americans visited stores on Black Friday but retailers are bracing for shoppers who are less willing to splurge this holiday season.Many households have already begun their gift buying in a year when high prices for food and other essentials have sapped demand for apparel, home décor and other items people might want but not need.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Walmart Earnings, Low Fuel Prices Drag on Stocks
18Nov By adminNo Comments
Money

Walmart Earnings, Low Fuel Prices Drag on Stocks

Earnings selloffs in Cisco Systems and Walmart pulled down the Dow. But the broader market narrowly overcame those drags as well as tumbling energy shares to keep the November rally going.The S&P 500 added 0.1%. The tech-oriented Nasdaq Composite eked out a smaller gain than that and is now up 9.8% this month. The Dow Jones Industrial Average shed about 0.1%, or 46 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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All Stores Want for Christmas Is the Right Amount of Stuff
6Nov By adminNo Comments
Money

All Stores Want for Christmas Is the Right Amount of Stuff

Retailers’ holiday inventory planning has been fraught with unpleasant supply-chain surprises for two straight years. This year’s gift: Things are back to normal. In 2021, shipping delays meant retailers didn’t have enough stuff on their shelves to meet demand. And last year, scarred by those experiences, shops made the mistake of over-ordering merchandise—sending their shelves overflowing and forcing them to sell goods at margin-eroding discounts. A basket of retailers in the S&P 500 saw operating margins fall to 4.4% in the fourth quarter of 2022, down from 5.6% a year earlier.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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