Call Buying in Macy's (M) Ahead of Earnings Report on May 11 BMO -Susquehanna

Go back to Call Buying in Macy's (M) Ahead of Earnings Report on May 11 BMO -Susquehanna

Macy's (M) call put ratio 3.8 calls to 1 put into Q1 EPS and outlook

May 9, 2017 11:40 AM EDT

Macy's (NYSE: M) May weekly call option implied volatility is at 100, May is at 66, June is 43; compared to its 52-week range of 27 to 54 into the expected release of Q1 results on May 11.

... More

Gordon Haskett Starts Macy's (M) at Hold

May 8, 2017 5:33 PM EDT

Gordon Haskett initiates coverage on Macy's (NYSE: M) with a Hold rating and a price target of $29.00.

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 $28.97 yesterday.

... More

Macy's (M) volatility increases into Q1 EPS and outlook

May 8, 2017 12:28 PM EDT

Macy's (NYSE: M) May weekly call option implied volatility is at 87, May is at 59, June is 41; at compared to its 52-week range of 27 to 54 into the expected release of Q1 results on May 11.

... More

Options expected to have increasing volume: SYY P M KSS TSN MYL P JCP

May 8, 2017 5:15 AM EDT

Options expected to have increasing volume: SYY P M KSS TSN MYL P JCP

... More

Exclusive: Hudson's Bay taps debt adviser amid Neiman Marcus bid challenges - sources

May 8, 2017 1:08 AM EDT

By Jessica DiNapoli and Lauren Hirsch

(Reuters) - Canada's Hudson's Bay Co (NYSE: HBC) has hired a debt restructuring adviser to review potential options for combining its business with debt-laden U.S. department store operator Neiman Marcus Group, according to people familiar with the matter.

The move is the clearest indication yet that Neiman Marcus' $4.7 billion debt pile poses significant challenges to a merger between Hudson's Bay, owner of the Lord & Taylor and Saks Fifth Avenue retail chains, and private equity-owned Neiman Marcus.

Hudson's Bay Executive Chairman Richard Baker set his... More

Old-guard retail back in the cross hairs

May 5, 2017 5:08 PM EDT

By Chuck Mikolajczak

NEW YORK (Reuters) - A glance at the U.S. stock market's main measure for the health of retailers suggests all is well among those companies in the business of peddling stuff directly to consumers.

After all, the $1.16 trillion S&P 500 retail index has climbed nearly 13 percent this year to a record high, roughly double the 7 percent gain by the full S&P 500 .

That stalwart performance, however, has been delivered almost entirely by a clutch of new 'retailers' that now account for more than half of the value of the index:... More

U.S. job growth rebounds sharply, unemployment rate falls to 4.4 percent

May 5, 2017 1:12 AM EDT

By Lucia Mutikani

WASHINGTON (Reuters) - U.S. job growth rebounded sharply in April and the unemployment rate dropped to 4.4 percent, near a 10-year low, pointing to a tightening labor market that likely seals the case for an interest rate increase next month despite moderate wage growth.

Nonfarm payrolls surged by 211,000 jobs last month after a paltry gain of 79,000 in March, the Labor Department said on Friday. April's job growth, which was broad-based, surpassed this year's monthly average of 185,000.

There were hefty increases in leisure and hospitality, healthcare and social assistance as well as business and professional services... More