22 01, 2024

Macy’s Climbs 2% After Turning Down $5.8 Billion Bid – Why it May Be a Good Time to Buy This Stock

By |2024-01-22T17:58:27+00:00January 22nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , |

Two investment firms teamed up to submit a proposal to purchase Macy’s (M) back in December. After mulling over the offer for a few weeks, the retailer announced today that it would not be accepting the $5.8 billion bid brought forth. Arkhouse Management and partner Brigade Capital Management were eager to take the department [...]

11 12, 2023

Macy’s is Up 86% in the Past Month After News of a Buyout Offer: What Investors Need to Know

By |2023-12-11T18:04:20+00:00December 11th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Shares of Macy’s (M) are up 20% so far to start the week as the company is reportedly reviewing a $5.8 billion buyout offer. Shares have now surged more than 86% in the past month. A source close to the matter says the offer comes from two investors, real estate investor Arkhouse Management and [...]

21 11, 2023

Kohl’s is the Latest Retailer to Get Hit by Slowing Sales: Time to Sell KSS After it Falls 9%?

By |2023-12-07T19:47:40+00:00November 21st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

It’s been a tough third quarter for retailers, who have all felt the effects of slowing consumer spending. We’ve seen similar sentiments in earnings from Target, Walmart, and now today, Kohl’s (KSS). The company reported earnings that exceeded analyst expectations, and yet, dwindling sales have sent the stock more than 9% lower in Tuesday [...]

31 03, 2023

Kohl’s Climbs After New CEO Puts His Money Where His Mouth is, Buying $2m in Stock: Should You Follow Suit?

By |2023-12-07T20:58:09+00:00March 31st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Kohls (KSS) welcomed a new company leader in February - Thomas Kingsbury. Apparently, the new CEO already likes what he sees at the helm. He (along with other company executives) recently acquired large chunks of company stock. The specific details of Kingsbury’s purchases come out to a total of 229,000 shares. Yesterday alone, though, [...]

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