NEW YORK : Activist investment firm Jana Partners said on Wednesday that the share price of retailer Macy's could double if the company separated its e-commerce business as customers buy more online.
He said Macy's online business could be worth about US$14 billion. Macy's as a whole has a market valuation of about US$6.9 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook whistleblower will urge US Senate to regulate companyWASHINGTON :Former Facebook employee and whistleblower Frances Haugen will urge the U.S. Congress on Tuesday to regulate the social media giant, which she plans to liken to tobacco companies that for decades denied that smoking damaged health, according to prepared testimony seen by Reuters.'When we realized
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
After 'very cool' three weeks, US Open champ Raducanu ready to get back to businessRed carpet galas, top-tier endorsement deals and hitting with British Royalty - the past three weeks have been a whirlwind for 18-year-old U.S. Open champion Emma Raducanu. But now the British sensation says she is eager to get back to business.'I'd say it has been a very cool three weeks,' Raducan
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »