Page 4 - Bold New News Today

Macy's announces a new strategy as the department store giant tries to fend off a proxy fight by an activist investor.

While reporting its financial results for the fourth quarter on Tuesday, American Tower (AMT) initiated its property revenue for the full-year 2024. For fiscal 2024, the company now projects total property revenue in a range of $11.

Macy's Inc. said on Tuesday it would close about 150 "underproductive locations" through 2026, with 50 of these closures set for 2024.

Biotechnology company, Capricor Therapeutics Inc. (CAPR), Tuesday announced that it had been granted an in-person Type-B meeting with the U.S. Food and Drug Administration regarding the commercial launch of CAP-1002.

Tony Spring, CEO and chairman-elect of Macy’s, started in his new role in February and is making bold moves to make sure Macy’s long-term profitability is a focus for the company.

Medical device manufacturer, AdaptHealth Corp.'s (AHCO) shares gain 28 percent during trading on Tuesday morning, following the announcement of the fourth quarter earnings report, where the company's loss widened to $254.

M earnings call for the period ending December 31, 2023.

The retailer will close over 100 stores, with 50 set to close this year alone

Macys plans to close about 30 percent of its remaining stores over the next three years.The 150 closures will be at underperforming locations, with 50 planned for this year, the retailer announced on Tuesday, Feb. 27, unveiling what it is…

Shares of Macy's, Inc. (M) are rising more than 6 percent Tuesday morning after reporting better-than-expected fourth-quarter profit. The department store chain operator also announced a new staregy "A Bold New Chapter" to return the company to enterprise growth.