Investors in Macy's, Inc. (M) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 21, 2024 $3.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean th ...

Corner sign of Macy's General Store, proudly claiming to be the largest world store.gettyLet’s be frank. Department stores are a wonderful creation of the last century. There were many cities that had a large number of department stores, some dating back to the 19th century. These store chains grew in size during the 19th and 20th centuries but now, in the 21st century, are falling on hard times. The shopper, who used to sit in lavish dining rooms in stores like Philadelphia’s Wannamaker, now visits the cyb ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-13536 Macy's, Inc. (Exact name of registrant as specified in its charter) 151 West 34th Street, New York, New York 10001 (212) 4 ...

NEW YORK--(BUSINESS WIRE)--Immersive gardens with blooming flowers and multi-sensory mise en scene will bloom at the 49th Macy’s Flower Show featuring Christian Dior Parfums. In celebration of spring’s arrival, the main floor, balcony, and iconic Broadway windows of Macy’s world-famous flagship store in New York City Herald Square will transform into a breathtaking botanical experience from Sun., March 24, 2024, to Sun., April 7, 2024. The Macy’s Flower Show is free and open to the public during store hours ...

NEW YORK--(BUSINESS WIRE)--Macy’s, Inc. (NYSE: M) today announced that Michael Krans joined the company as its vice president, Macy’s Media Network. In this role, Krans oversees the company’s in-house media publisher dedicated to connecting advertising partners with Macy’s and Bloomingdale’s engaged and loyal customers. Krans reports to Max Magni, chief customer and digital officer, Macy’s, Inc. “We’re excited to welcome Michael to Macy’s, Inc. He takes the reins of our growing retail media network bring ...

A pair of investment firms sent a bigger buyout offer to Macy’s over the weekend. The all-cash proposal to buy outstanding Macy’s shares at $24 per share came from Arkhouse Management and Brigade Capital Management."The Macy’s, Inc. Board will carefully review and evaluate the latest proposal consistent with the Board’s’ fiduciary duties and in consultation with its financial and legal advisors," the retailer said on Sunday. "The Macy’s, Inc. Board has a proven track record of evaluating a broad range of op ...

Corner sign of Macy's General Store, proudly claiming to be the largest world store.gettyLate this Sunday night Arkhouse and Brigade Capital raised their offer to acquire Macy’s to $24.00 per share, up from their previous offer of $21.00 per share.In their release Arkhouse and Brigade stated that the offer represents a 51.1 premium on November 30th share price and a 33.3% premium where the company closed on March 1, 2024. It represents an increase of 14.3% from Arkhouse and Brigade’s previous offer.The rele ...

Macy's Inc (NYSE:M) is 16.1% higher at $20.92 this morning, after Arkhouse Management revised its buyout offer. Specifically, Arkhouse and Brigade Capital Management raised their buyout offer for the department store giant to $24 per share, or about $6.6 billion. Call traders are piling on M after the news. Already, more than 26,000 bullish bets -- or 5 times the intraday average volume -- have crossed the tape, compared to just 12,000 puts. Most popular by far is the April 21 call, followed by the 23 call ...

Department store chain Macy’s (NYSE:M) stock rose 15% over the weekend after an investor group raised their bid for the company to $6.6 billion. The potential buyers bid $5.8 billion for the company last December but were turned down by the board.Arkhouse Management and Brigade Capital are now offering $24 per share for the stock. M stock opened this morning at $20.54 per share.The Arkhouse BrigadeSince the first bid was rejected, Arkhouse has announced it is challenging Macy’s board in a proxy fight. It of ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...