| (USD) | Feb 2024 | Q/Q |
|---|---|---|
| Revenue | 8.1B | +67% |
| Gross Profit | 3B | - |
| Cost Of Revenue | 5.1B | +75% |
| Operating Income | -72MM | -184% |
| Operating Expenses | 3.1B | - |
| Net Income | -71MM | -265% |
| G&A | 2.4B | +18% |
| Interest Expense | - | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Macy's (M) is enhancing operations for sustainable growth while expanding its omnichannel presence and customer experience through strategic partnerships and technological upgrades.
Tesla announced a round of layoffs on Monday, joining Alphabet Amazon and UPS among major companies to cut jobs in recent months. The layoffs this year suggest that companies are cutting in more targeted areas–even as some of the biggest tech companies have continued to grow, adding more jobs than they’ve cut. Amazon in January said it would eliminate hundreds of jobs across its film and television studio and Twitch streaming platform.
Bloomingdale's today announces the launch of its latest Carousel: Camp Bloomingdale's. The pop-up space will transform into the ultimate summer destination for all ages, complete with a wide assortment of multicategory must-haves including swimwear, accessories, beauty, food, beverage favorites, and so much more. For the first time, Bloomingdale's will welcome Coleman, the experts in outdoor gear and equipment, offering an array of campsite essentials.
Who are the directors who oversee corporate giants and what do they do?
Investment firm Arkhouse Management ended its proxy contest against the retailer, and withdrew its seven other director candidates.
Macy's said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain. Macy's said the directors — Ric Clark and Rick Markee — will join the finance committee effective immediately and oversee the evaluation of and make recommendations to the full board regarding the acquisition proposal submitted by Arkhouse and Brigade Capital Management, ...
Arkhouse Management continues to pursue a takeover of Macy's and reached an agreement with the retailer on adding two directors of its choice to the Macy's Inc. board.
Macy’s averted a fight for control of its board but added new directors who will help decide whether to accept a takeover bid it had previously resisted. Macy’s appointed two new independent directors, a move that ended a proxy fight with Arkhouse Management that was seeking to oust most of the 15-person board and to buy the company. The directors had previously been nominated by Arkhouse, which had launched a campaign for nine board seats earlier this year after the department-store chain rej...
Investment firm Arkhouse Management ended its proxy contest against Macy’s, and withdrew its seven other director candidates.
The retailer also said it continues to engage with Arkhouse and Brigade Capital Management over their revised buyout proposal. In March, Arkhouse and Brigade raised their offer to acquire Macy's stock they do not already own for $24 per share, valuing the retailer at $6.6 billion, after the company rejected an earlier bid made in December. Arkhouse, which has a 4.4% stake in Macy's, then nominated nine director candidates to the company's board in February, triggering a proxy battle.