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Myriad Uranium Announces Resignation of Director
Newsfile· 2025-01-28 12:30
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2025) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") announces that Ian Archbold has assumed a Managing Director role with a global investment management organization and as a result is required to resign from the board of directors of Myriad.Myriad's CEO, Thomas Lamb, commented: "We are grateful to Ian for his many contributions to the Company and wish him the very best."Ian Archbold commented: "As a Director ...
BLOOMINGDALE'S UNVEILS CAROUSEL IN PARTNERSHIP WITH FLAMINGO ESTATE
Prnewswire· 2025-01-23 15:01
The carousel space will be transformed into a pop-up market, bringing California's Flamingo Estate to New York.NEW YORK, Jan. 23, 2025 /PRNewswire/ -- Bloomingdale's announces The Carousel @ Bloomingdale's: Flamingo Estate, bringing the feeling and inspiration from Richard Christiansen's home and garden to life with a pop-up market. The carousel, available at the 59th Street flagship store and online, will feature the very best of Mother Nature, with garden-grown signature goods from the farms and orchards ...
Myriad Uranium Announces Major Expansion of the Copper Mountain Project Area to Lock Up Mineralised Extensions, Historical Resources, and Key Targets
Newsfile· 2025-01-20 12:30
Core Viewpoint - Myriad Uranium Corp. has announced a significant expansion of the Copper Mountain Project Area, increasing its size from approximately 4,200 acres to about 9,320 acres, driven by insights from its 2024 drill program and historical data [1][2]. Expansion Details - The newly-acquired areas include several prospects such as Railroad, Steffen Hill, Cedar Ridge, Mole, West Mesa, and Lucky Cliff, which have historically confirmed uranium mineralization [2]. - Union Pacific estimated that the potential within their existing deposit areas could exceed 65 million pounds (Mlbs) of uranium, while Bendix's assessment suggested the mineral endowment could exceed 200 Mlbs and potentially reach over 600 Mlbs in the greater Copper Mountain district [2][5]. Geological Insights - Newly-acquired areas were previously targeted for uranium mineralization in sandstone, which may be more suitable for in-situ recovery methods [3]. - Geological models indicate that deeper thrust faulting across the Copper Mountain District may have facilitated fluid movement, potentially leading to significant mineralization below previous drilling depths [6][7]. Historical Estimates - Historical estimates suggest a large resource of uranium at Copper Mountain, potentially amounting to several hundred million pounds, based on extensive past exploration [5][12]. - The company acknowledges that these historical estimates should not be unduly relied upon as indicators of current mineral resources or reserves, as they are based on decades-old data [12][13]. Recent Developments - The company has faced delays in chemical assay results due to high radioactivity levels in core and chip samples, necessitating alternative analytical services [8]. - Myriad has engaged VSA Capital for financial advisory services to support its strategic objectives in advancing its portfolio of assets in Wyoming [9][11]. Future Plans - The company plans to conduct new exploration activities in 2025 across the numerous prospects identified at Copper Mountain, each with the potential to yield significant results [7].
Macy's, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
ACCESSWIRE Newsroom· 2025-01-17 17:45
Legal Investigation - Macy's Inc is under investigation for securities fraud [1] - Affected investors are encouraged to contact The Schall Law Firm [1]
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's, Inc. For Securities Law Violations
ACCESSWIRE Newsroom· 2025-01-16 16:15
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's, Inc. For Securities Law Violations ...
Macy's wants Bloomingdale's, Bluemercury to stay put
Fox Business· 2025-01-15 18:15
Macy's CEO Tony Spring isn't in favor of spinning off its luxury brands Bluemercury and Bloomingdales, despite calls by activist investors to do so. "We continue to believe that there are synergies that are leveraged between the three brands, between warehousing, legal, finance, back end operations and joint brand negotiation. There's just so much opportunity for us to kind of leverage the scale of the portfolio," Spring said Sunday during a discussion at the National Retail Federations (NRF) 2025 Retail's ...
Macy's Offers Update on Q4 Performance, Revises Sales Guidance
ZACKS· 2025-01-14 19:25
Core Insights - Macy's Inc. has provided an update on its fourth-quarter fiscal 2024 performance, slightly lowering its sales outlook while highlighting the success of targeted initiatives at its First 50 locations and strong performances at luxury brands Bloomingdale's and Bluemercury as a foundation for growth [1][9]. Performance Overview - Macy's First 50 locations and luxury brands Bloomingdale's and Bluemercury achieved positive comparable sales growth for the nine-week period ending January 4, 2025, indicating their importance in the company's performance and alignment with its long-term strategy [2]. - Overall comparable sales for the quarter-to-date were roughly flat, with underperformance noted in non-First 50 locations, which recorded negative comparable sales during the period [3]. Sales Expectations - The company now expects fourth-quarter 2024 net sales to be at or slightly below the low end of its previously anticipated range of $7.8 billion to $8 billion, while maintaining guidance for adjusted earnings per share in the range of $1.40 to $1.65 [5]. Strategic Initiatives - Despite the downward revision in net sales, Macy's is making progress with its Bold New Chapter strategy, aiming for a second consecutive quarter of sequential comparable sales improvement, with plans to expand initiatives to an additional 75 locations in fiscal 2025 [6]. - The company is focused on growing its digital and omnichannel presence, which has shown positive results, forming the foundation of its broader strategy for long-term success [7]. Conclusion - While facing challenges with non-First 50 locations, Macy's remains committed to strategic initiatives that have delivered positive results in key areas, with investments in its strongest segments providing a pathway for future growth [9].
Watch These Macy's Price Levels as Stock Slumps on Soft Sales Guidance
Investopedia· 2025-01-14 15:35
Stock Performance and Market Sentiment - The retailer's stock has fallen 14% since the start of the year and 21% over the past 12 months, reflecting investor concerns about the company's turnaround plans and sales growth [2] - Macy's shares could remain in focus after the company indicated that holiday quarter sales may come in slightly below expectations due to underperforming stores [3][7] Technical Analysis and Price Levels - Macy's shares have been trading within a 13-month descending channel, with recent selling intensifying after encountering resistance near the upper trendline and 200-day moving average [4] - Key resistance levels to watch include $18, which aligns with the descending channel's upper trendline, and $20.50, a level that connects multiple peaks from December 2023 to May 2023 [5][6] - Important support levels to monitor are around $13, near the November 2023 peak and the descending channel's lower trendline, and $10.75, which aligns with troughs from September to November 2023 [11] Strategic Initiatives and Sales Performance - In February 2023, the company announced plans to close 150 underperforming stores over three years to boost profitability while focusing on expanding initiatives at higher-performing locations [9] - Despite challenges, Macy's remains on track to post a second consecutive quarter of sequential comparable sales improvement, indicating some progress in its turnaround efforts [9]
Macy's, Inc. (M) CEO Tony Spring Hosts 2025 ICR Conference (Transcript)
2025-01-14 14:26
Macy's, Inc. (NYSE:M) 2025 ICR Conference January 14, 2025 8:00 AM ET Company Participants Tony Spring - Chairman & CEO Adrian Mitchell - COO & CFO Conference Call Participants Matthew Boss - JPMorgan Chase Operator Okay, great. Thanks. It's Matt Boss, Retailing, Department Stores and Specialty Softlines at J.P. Morgan. Really happy to have this morning the team from Macy's. We have Chairman and CEO, Tony Spring; as well as CFO and COO, Adrian Mitchell. Format will be fireside chat. Question-and-Answer Sess ...
Macy's Stock Sinks as It Warns Underperforming Stores Will Hurt Results
Investopedia· 2025-01-13 17:01
Key TakeawaysMacy's said its fourth-quarter results would be pulled down by poor performance by some of its stores.The biggest U.S. department store operator warned that comparable store sales would be flat, and overall sales would be at or below its earlier guidance.Last February, Macy's announced it would be closing 150 locations over three years as it deals with weak sales. Macy's (M) shares tumbled nearly 7% Monday morning when the biggest U.S. department store chain warned fourth-quarter results would ...