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Macy’s stock reached a 52-week high, hitting 18.47 USD, a notable milestone for the retail giant with a market capitalization of nearly $5 billion. InvestingPro analysis shows the stock trades at an attractive P/E ratio of 10.26 while offering a substantial 4.09% dividend yield. Over the past year, Macy’s has experienced a 17.32% increase in its stock price, with an impressive 70% surge in the last six months alone, reflecting a positive shift in investor sentiment and improved financial performance. The rise to this 52-week high suggests growing confidence in Macy’s ability to navigate the evolving retail landscape and capitalize on consumer trends. As the company continues to adapt its strategies, investors appear optimistic about its future prospects, supported by eight analysts recently revising their earnings expectations upward. For more detailed insights and 12 additional exclusive ProTips, visit InvestingPro.
In other recent news, Macy’s has opened a new customer fulfillment and store replenishment center in China Grove, North Carolina. This facility, spanning 2.5 million square feet, is the largest in the company’s network and features advanced automation technology. In addition to this development, BTIG has initiated coverage on Macy’s stock with a Neutral rating. The research firm highlighted the retailer’s strategic progress but expressed caution due to the stock’s recent price appreciation.
Elsewhere, an affiliate of Navient Funding, LLC has announced its intentions for upcoming auctions of SLM Student Loan Trust 2006-7 notes. The affiliate plans to submit a Hold Order for all Class A-6B Notes it currently holds. In another development, Kidoz Inc. has scheduled its Annual General Meeting of Shareholders for November 25, 2025. The company has released relevant documents detailing procedures for shareholder participation and voting.
Additionally, TPG Twin Brook Capital Income Fund has amended its credit facilities, lowering interest rates and extending maturities. The amendments include a reduction in the interest rate on revolving loans and an extension of the termination and maturity dates. These recent developments reflect ongoing strategic and financial activities across the companies involved.
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