Macy’s, Inc. (M) Is Betting A Fresh Loyalty Program Will Lure More Shoppers To Its Stores- New York Community Bancorp, Inc. (NYCB)

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Macy’s, Inc. (NYSE:M) stock shows climbs of 1.23% and traded at a price of $22.14 in preceding trading session.

Macy’s (M) declared that it is betting that a fresh loyalty program will lure more shoppers to its stores. The department store chain is rolling out a reinvented Star Rewards program, where shoppers can accumulate discounts and offers like free shipping and priority consumer service based on how much they spend at Macy’s every year.

Categories once known as Premier Elite, Elite and Preferred will become Platinum, Gold and Silver, a change Macy’s hopes will simplify its offering as it’s been ditching complicated promotions. The revamped program will be available to Macy’s credit card holders beginning next month.

“It is positive that a confusing program with a never-ending array of deals and offers has been simplified,” Neil Saunders, managing director at Worldwide Data Retail, said in an interview. “As part of a bigger program of changes, it has a chance to help Macy’s gain some ground,” Saunders added.

Its 52-week range quite noticeable, lower range was $14.57% and hit highest level of $-51.24%. The overall volume in the last trading session was 6.93 Million shares. The liquidity position of firm is on noticeable level, as its current ratio was calculated as 1.40 at the same time as its debt to equity ratio stands at 1.44.

Shares of New York Community Bancorp, Inc. (NYSE:NYCB) at the time when day-trade ended the stock finally slightly up 0.78% to close at $12.89. New York Community Bancorp, Inc. (NYSE:NYCB) reported that it expects to issue its earnings release for the three and nine months ended September 30, 2017 at around 7:00 a.m. Eastern Time (ET) on Wednesday, October 25, 2017. The release will be posted to the Investor Relations portion of the Company’s website, ir.myNYCB.com, upon issuance.

The Company will conduct a conference call at 8:30 a.m. (ET) on the same date, during which President and Chief Executive Officer Joseph R. Ficalora will discuss the Company’s third quarter 2017 performance. The conference call will be simultaneously webcast at ir.myNYCB.com and archived through 5:00 p.m. on November 22, 2017.

The volatility tends to amount of risk or uncertainty about size of changes in a security’s value; a higher volatility denotes that a security’s value can potentially be spread out over a larger range of values. The price volatility of NYCB was 1.62% for a week and 1.58% for a month as well as price volatility’s Average True Range for 14 days was 0.19. Shares price isolated positively from its 50 days moving average with 3.64% and remote negatively from 200 days moving average with -6.81%.

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