NEW YORK, April 23 (Reuters) - Hedge fund manager Mick McGuire of Marcato Capital Management has taken a new position in Dillard ' s and is betting the retailer's stock can climb to $155 a share, which would mark a 62 percent gain from its current level.
Shares of Dillard ' s ( DDS +6.3% ) perk up after Marcato Capital advises investors the stock could be worth $155 . A 70% pop from where Dillard ' s opens trading today. The Dillard ' s thesis was presented by Mick McGuire, the managing partner of Marcato. Post your comment!
Q1, today's action is tied to some momentum buying following an extended beating on the sector from investors. Dillard ' s ( DDS +0.7% ), Macy's ( M +1.1% ), and Bon-Ton Stores ( BONT +1.9% ) are also out-performing mildly
other Wells Fargo news, the bank is boosting its credit card push with a 10-year deal to issue and service cards for Dillard ' s . Expanding credit card business has been a key priority for Wells and the scoreboard: 37% of households had a Wells
(Reuters) - Wells Fargo & Co said on Tuesday that it agreed to issue and service credit cards for retailer Dillard ' s Inc , the latest move by the fourth-largest U.S. bank to boost its card business.
April 1 (Reuters) - Wells Fargo & Co said on Tuesday that it agreed to issue and service credit cards for retailer Dillard ' s Inc, the latest move by the fourth-largest U.S. bank to boost its card business.
S&P revises its outlook on Dillard ' s ( DDS -0.2% ) to Positive from Stable. The rating agency forecasts that the consistent growth shown by Dillard ' s will continue. Post your comment!
operating income), Texas (11%), and California (11%). Four tenants--Macy's, Sears, J.C. Penney, and Dillard ' s --occupy more than 80% of Simon's total anchor space. Should online retailers continue to gain share of the consumer
Dick's DKS and Sports Authority. At the same time, the new door growth of department stores such as Macy's M and Dillard ' s DDS will slow buying from existing customers such as Nordstrom JWN. We believe for the next phase of growth (and for