Macy's (M) Prelim. FY14 EPS Tops Expectations
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Morgan Stanley Downgrades Macy's (M) to Equalweight
February 5, 2015 7:38 AM ESTMorgan Stanley downgraded Macy's (NYSE: M) from Overweight to Equalweight.
For an analyst ratings summary and ratings history on Macy's click here. For more ratings news on Macy's click here.
Shares of Macy's closed at $64.89 yesterday.
... MoreMacy's (M) Announces Swoth of Executive Changes
February 3, 2015 4:03 PM ESTMacy's (NYSE: M) announced a series of new senior executive appointments as the company continues to deepen its focus on driving profitable sales growth as a leading omnichannel retailer and innovator.
These moves, in conjunction with restructured omnichannel capabilities announced on Jan. 8, 2015, fully align the companys management and organization in key functions such as merchandising, merchandise planning, marketing and technology to drive internal growth. Moreover, the company is applying talent and resources to develop new types of growth opportunities.
(Editors Note: Macys, Inc. this afternoon also issued separate news releases on preliminary... More
Macy's (M) to Acquire Bluemercury in $210M Cash Deal
February 3, 2015 4:02 PM ESTMacy's (NYSE: M) announced it has signed an agreement to acquire Bluemercury, Inc., widely recognized as Americas largest and fastest-growing luxury beauty products and spa services retailer, for $210 million in cash. The transaction is expected to be completed in Macys, Inc.s fiscal first quarter (which ends on May 2, 2015) and be accretive to Macys, Inc.s earnings in its first full year (fiscal 2016).
(Editors Note: Macys, Inc. this afternoon also issued separate news releases on preliminary 2014 financial results and announcing senior executive appointments to develop and drive growth... More
