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Macy's Delays Q3 Earnings Report Amid Investigation Over $154M Accounting Scandal; Stock Dips
Today 8:25 EST
Macy's reports 3Q preliminary results with a 2.4% decline in net sales, weak performance in non-First 50 locations and digital channels, and an accounting error.
Via
Benzinga
Why Is Infrastructure Construction Company MasTec Stock Surging Today?
November 01, 2024
MasTec raised its FY2024 adjusted EPS guidance, with 18-month backlog at $13.9B, adjusted EBITDA of $305.9M, and Adj. EPS of $1.63 beating consensus. Q4 adjusted EPS guidance of $1.29 and sales of...
Via
Benzinga
Holiday Heat: Dollar General And Macy's Unveil Holiday Strategies
October 15, 2024
Dollar General and Macy's reveal their holiday strategies with new promotions as e-commerce sales are projected to rise.
Via
Benzinga
TD SYNNEX's Q3: Earnings Beat, Revenue Surge, And IT Market Recovery On The Horizon
September 26, 2024
TD SYNNEX reported Q3 results with adjusted EPS of $2.86, beating the street view of $2.80, and revenue of $14.69B, exceeding estimates of $14.11B. Q4 outlook for adjusted EPS is $2.80-$3.30 and...
Via
Benzinga
Topics
Earnings
Exposures
Financial
Holiday Opportunity: Macy's Plans To Hire 31,500 Seasonal Workers
September 20, 2024
Macy's, Inc. is hiring 31,500 seasonal positions for the holiday season at its stores and distribution centers. Quick online application process available.
Via
Benzinga
What's Going On With Nordstrom Shares Thursday?
September 05, 2024
Nordstrom shares rise on news of acquisition by founding family and El Puerto de Liverpool. Goldman Sachs analyst comments on valuation and forecasts EPS.
Via
Benzinga
Macy's Ability To Achieve Revised Outlook Amid Weak Macro Environment Is Doubtful: Analyst
August 21, 2024
Macy's shares down after reporting Q2 revenue miss and cutting 2024 forecast. Analyst concerned about comp trends and weaker macro environment.
Via
Benzinga
Why Is Department Store Chain Macy's Stock Getting Battered Today?
July 15, 2024
Macy's shares fell after announcing the termination of acquisition talks with Arkhouse Management and Brigade Capital. The discussions, ongoing since December 2023, failed to yield a compelling, fully...
Via
Benzinga
What's Going On With Department Store Major Macy's Shares On Friday?
July 05, 2024
Macy's shares are rising in premarket trading as investor group Arkhouse Management and Brigade Capital Management increased their bid to $24.80 per share, valuing the company at $6.9 billion.
Via
Benzinga
Lithia Motors Accelerates Southeast Growth: Acquisitions To Generate Over $240M Annually
June 11, 2024
Lithia Motors expands in US Southeast, acquiring stores expected to generate $240M in revenue. Total year-to-date revenue from acquisitions surpasses $5.6B.
Via
Benzinga
Why Is Automotive Seating Company Adient Stock Falling After Q2 Earnings?
May 03, 2024
Adient Plc shares dip post-Q2 earnings, despite beating adjusted EPS but missing sales estimates, as it lowers FY24 outlook.
Via
Benzinga
Back To The Office: Macy's Reportedly Takes A Stand With In-Person Policy
April 30, 2024
Macy's reportedly plans a new office attendance policy, mandating corporate staff to be in-office twice weekly starting May 13. Failure to comply may lead to disciplinary measures, including...
Via
Benzinga
Hertz Faces Tough Road Ahead: High Fleet Costs, Liquidity Concerns Trigger Downgrades
April 26, 2024
Hertz Global Holdings, Inc (NASDAQ:HRZ) navigates challenges with a 1.6% sales growth in Q1 FY24 to $2.08 billion. Despite a $(1.28) adjusted EPS missing estimates, analysts remain cautious. Goldman...
Via
Benzinga
TD SYNNEX Up Over 5% After Q1 Earnings: What's Going On?
March 26, 2024
TD SYNNEX sees over 5% surge post Q1 earnings beat despite revenue miss, announces $2 billion share repurchase program and $0.40 dividend.
Via
Benzinga
Topics
Earnings
Exposures
Financial
Where to Invest $10,000 in a Bear Market
April 25, 2023
The market is up so far in 2023, but investors should be prepared in case we see another correction.
Via
The Motley Fool
Our 7 Top Stock Market Predictions for 2022
January 12, 2022
This year's stock market predictions emphasize being selective about choosing stocks. These seven cross-sector ideas could help investors generate lucrative returns in 2022.
Via
InvestorPlace
High-Beta ETFs to Bet on Renewed Market Momentum
August 25, 2021
Here are five high-beta ETFs that could be a compelling choice for investors to tap market-beating returns.
Via
Talk Markets
5 Great Value ETFs To Buy As Inflation Fears Grip Markets
May 20, 2021
Here are five top-performing ETFs that are leading the way higher over the past month and are expected to continue their outperformance.
Via
Talk Markets
Vanguard Vs. Invesco: 4 Rival Etfs Battle Each Other – Who Wins?
May 01, 2021
In this episode you’ll see a four-way battle between a pair of small and midcap value ETFs from Invesco vs. Vanguard. Who wins?
Via
Talk Markets
Vanguard vs. Invesco: 4 Rival ETFs Battle Each Other - Who Wins?
April 26, 2021
Each ETF is judged against the other in key categories like cost, exposure strategy, performance, and a mystery category.
Via
Talk Markets
7 High-Beta ETFs to Ride the Super-Bull Stock Market
April 09, 2021
Here are seven high-beta ETFs that could be a compelling choice for investors to tap market-beating returns.
Via
Talk Markets
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