Macy’s rejected an unsolicited $5.8 billion offer from Arkhouse and Bridgade Capital to take the department store chain private, prompting the bidders to.
Macy’s stock soared to start this week after The Wall Street Journal reported the department store received a $5.8 billion offer to go private from firms.
Nvidia is scheduled to report earnings after the close of trading Tuesday, Microsoft stock closes at a record high, and same-store sales at Lowe's fall more.
By Dean Seal Shares of Kohl's retreated after the company reduced its annual sales guidance and recorded a steeper top-line decline in the third quarter than.