Macy's Plans 150 Store Closures in New Strategy, as Chain Faces Proxy Fight
Macy's announces a new strategy as the department store giant tries to fend off a proxy fight by an activist investor.
Source: investopedia.com
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American Tower Guides FY24 Property Revenue In Line With Estimates
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.
Source: rttnews.com
Macy's Store Closures: 150 Locations to Close, 50 in 2024 – Footwear News
Macy's Inc. said on Tuesday it would close about 150 "underproductive locations" through 2026, with 50 of these closures set for 2024.
Source: footwearnews.com
Capricor Therapeutics Granted Type-B Meeting With FDA For CAP-1002 Muscular Dystrophy Drug, Stock Up
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.
Source: rttnews.com
Macy's Bold New Chapter Includes Closing 150 Stores
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.
Source: forbes.com