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Macy's Q3 results delayed
Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings
Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly results after it discovered an employee intentionally hid up to $154 million of expenses over several years.
Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
Macy's Q3 results delayed after employee hides millions in expenses
Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses over years, instead issuing preliminary sales figures that fell short of Wall Street expectations.
17h
Billionaire Israel Englander Bought This High-Yield Dividend Stock Hand Over Fist in Q3. Should You Buy It Too?
Israel "Izzy" Englander's net worth tops $14 billion. The billionaire bought one high-yield dividend stock hand over fist in ...
Law
10h
US Law Firm Leasing Up Nearly 30% Through Q3, With a Growing Number of Firms Staying in Place
U.S. law firm leasing activity grew by 29.9% during the first three quarters of 2024, compared to the prior year. Through ...
17h
Putnam Ultra Short Duration Income Fund Q3 2024 Commentary
The Q3 of 2024 saw largely positive absolute returns across fixed income spread sectors, supported by widespread monetary ...
3h
on MSN
Best Buy expected to see improving sales in Q3 as AI products gain demand
Following its Q2 earnings results, the company updated its full-year outlook. It expected revenue to come in between $41.3 ...
7h
Bath & Body Works Surpasses Q3 Estimates, Raises 2025 Outlook
CEO Gina Boswell attributed the company's success to its "agile business model and predominantly U.S.-based supply chain." ...
10h
Putnam Strategic Intermediate Municipal Fund Q3 2024 Commentary
Putnam Strategic Intermediate Municipal Fund’s slightly long duration positioning when compared with the benchmark ...
16h
on MSN
Nigeria's economic growth quickens to 3.46% y/y in Q3
Nigeria's economy grew 3.46% year on year in the third quarter of 2024, quicker than in the first two quarters of this year, ...
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