POSCO earnings, Revenue beat in Q2
Investing.com - POSCO reported on Tuesday second quarter {{erl-21260||earnings that beat analysts' forecasts and revenue that topped expectations. POSCO announced earnings per share of...
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Nordstrom News & Analysis
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Sanofi Shares Slide After Trials of Potential Breast Cancer Drug Halted
By Scott Kanowsky Investing.com -- Sanofi SA (EPA:SASY) shares slid on Wednesday after the French drugmaker announced that it will halt trials of a new treatment for patients battling...
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Analog Devices earnings, Revenue beat in Q3
Investing.com - Analog Devices (NASDAQ:ADI) reported on Wednesday third quarter {{erl-7869||earnings that beat analysts' forecasts and revenue that topped expectations. Analog Devices...
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TJX earnings beat, Revenue misses in Q2
Investing.com - TJX (NYSE:TJX) reported on Wednesday second quarter {{erl-8227||earnings that beat analysts' forecasts and revenue that fell short of expectations. TJX announced earnings...
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Indian Finance Minister Issues Warnings Regarding Crypto
The Indian finance minister suggested against using cryptocurrency.The law enforcement organization blocked the assets of two crypto exchanges.At a BJP Economic Cell event on Saturday,...
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Clothing subscriptions like Stitch Fix were once hot – but now might be the victims of ‘box fatigue’
Retailers rushed to enter the subscription space, curating boxes of clothing and other items. But consumers are showing signs they're no longer interested.
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Euro slides on Nordstrom squeeze
The euro has taken a nasty tumble today. In the North American session, EUR/USD is trading at 1.0144, down 0.76%. Nord Stream 1 cut to 20% capacity The energy crisis surrounding Nord Stream...
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Friday’s Top Analyst Upgrades and Downgrades: Alcoa, Enterprise Products Partners, GSK, Nordstrom, Southwestern Energy, Tesla and More
Friday's top analyst upgrades and downgrades included Alcoa, Blue Apron, Brixmor Property, Enterprise Products Partners, FIGS, GSK, Healthcare Realty Trust, Nordstrom, Range Resources,...
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E-Commerce Companies Able to Better Navigate Current Environment - KeyBanc
By Sam Boughedda In a wide-ranging note to investors Thursday, analysts at KeyBanc Capital Markets said they are maintaining a cautious view on the global brands and e-commerce sector amid...
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Nordstrom Will 'Likely Struggle' Against Competitors - UBS
By Sam Boughedda UBS analyst Jay Sole reiterated a Sell rating and a $12 per share price target on retailer Nordstrom (NYSE:JWN) on Monday. The analyst said they continue to rate the company...
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Nordstrom prices are too high, survey finds
A UBS consumer survey of U.S. off-price and department-store retailers found that shoppers avoid Nordstrom Inc. because of "high prices." "We believe this is why Nordstrom's full-price...
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Kohl's Stock Downgraded to 'Underperform' on Weakening Consumer Demand
By Senad Karaahmetovic BofA analyst Lorraine Hutchinson slashed the rating on Kohl's (NYSE:KSS) from 'Neutral' to 'Underperform' to reflect weak demand. The price target is nearly cut in...
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Stock Market Today: Dow Closes Higher as Fed Minutes Revive Bid in Tech
By Yasin Ebrahim Investing.com -- The Dow closed higher Wednesday, after the Federal Reserve's May meeting minutes showed the central bank was keen to move quickly on rate hikes to allow...
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S&P 500 Edges Higher as Tech Steadies, Retailers Rebound
By Yasin Ebrahim Investing.com -- The S&P 500 climbed Wednesday, after swinging between gains and losses as the Federal Reserve's May meeting minutes showed the central bank was keen to move...
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Midday Movers: Wendy's, Kohl's, Snap
By Sam Boughedda Investing.com -- U.S. equities are gaining Wednesday, with the Nasdaq up 0.8% at lunchtime. Here are your midday movers on May 25th. Dick’s Sporting Goods (NYSE:DKS) stock...
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U.S. Stocks Gain Ahead of the Federal Reserve's Meeting Minutes
By Liz Moyer Investing.com -- U.S. stocks rose on Wednesday ahead of the release of the Federal Reserve's minutes from its most recent meeting as weak retail earnings reports continued to...
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Pre-Open Stock Movers 05/25: Retailers Express, Nordstrom Gain Following Earnings; Verrica Pharma Sinks on FDA CRL (more...)
Pre-Open Stock Movers: Verrica Pharmaceuticals Inc. (Nasdaq: NASDAQ:VRCA) 54% LOWER; announced that the U.S. Food and Drug Administration (FDA) has issued a Complete Response Letter (CRL)...
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Nordstrom Stock Surges 10% on Beat-and-raise, Analysts Remain Cautious and Warn Rally May Be Short-lived
By Senad Karaahmetovic Shares of Nordstrom (NYSE:JWN) are up nearly 10% in premarket trading Wednesday after the luxury department store chain hiked its revenue forecast for this fiscal...
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Dow Futures Lift as Fears of Slowing Growth Remain
By Oliver Gray Investing.com - Dow futures moved higher in Tuesday’s evening deals after major benchmark indices finished mixed, with technology companies retreating after social media...
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After-Hours Stock Movers 05/24: Wendy's Gains on Possible Peltz Deal, Nordstrom Up Following Earnings (more...)
After-Hours Stock Movers:Wendy's (NASDAQ:WEN) 16% HIGHER; long-time shareholder Nelson Peltz of Trian Fund Management said they are exploring a potential transaction, including a possible...
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Nordstrom Shares up 9% on Q1 Beat and Raise
By Davit Kirakosyan Nordstrom (NYSE:JWN) shares rose around 9% after-hours following the company’s reported {{erl-8340||Q1 results, with revenue coming in at $3.57 billion (up 18.7%...
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Nordstrom Misses Q1 EPS by 1c, Revenue Beats, Guidance Tops Views
Nordstrom (NYSE:JWN) reported Q1 EPS of ($0.06), $0.01 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $3.57 billion versus the consensus estimate of $3.27...
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Nordstrom earnings miss, Revenue beats in Q1
Investing.com - Nordstrom reported first quarter {{erl-8340||earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts. The firm reported earnings per share...
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Nordstrom earnings, Revenue beat in Q1
Investing.com - Nordstrom reported first quarter {{erl-8340||earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts. The firm reported earnings per share of...
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Dow Futures Slip Following Positive Session
By Oliver Gray Investing.com - U.S. stock futures dipped during Monday’s evening trade as investors remained cautious after major benchmark averages attempted to rebound during the regular...
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Best Buy Earnings, Nordstrom Outlook, Toll Brothers Results: 3 Things to Watch
By Liz Moyer Investing.com -- Stocks rallied on Monday as investors tried to put last week’s decline in the rearview mirror. Positive comments from JPMorgan Chase & Co (NYSE:JPM) executives...
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Dow Futures Rise 330 Pts; Retail Sector Earnings to Continue
By Peter Nurse Investing.com -- U.S. stocks are seen opening higher Monday, with investors looking to start the new week on a brighter note, looking for bargains after a relentless...
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Dow Futures Up After 8 Weeks of Decline
By Oliver Gray Investing.com - U.S. stock futures moved higher in Sunday’s evening deals after major benchmark indices finished the week lower amid a broad market sell-off as stubbornly...
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Retail Stocks Crushed as Target and Walmart Reports Showed 'Dramatic' Margin Pressure; TJX Up 10% on Stronger Margin Performance Than Peers
Retail stocks are getting battered today in response to “problematic” earnings reports released by Target (NYSE:TGT) today and Walmart (NYSE:WMT) yesterday. Both companies reported...
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Morgan Stanley Strategists See Threat to U.S. Profits From Wages
(Bloomberg) -- U.S. profits are likely to feel the heat from a jump in wages this year caused by a historically tight labor market, according to Morgan Stanley strategists. “The challenges...
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S&P 500 Rallies as Powell Downplays Aggressive Fed Action Ahead
By Yasin Ebrahim Investing.com -- The S&P 500 closed higher Wednesday, as Federal Reserve Chairman Jerome Powell said the Fed would tread carefully in the wake of the Russia-Ukraine...
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S&P 500 in Rally Mode as Powell Signals Cautious Tread on Rate Hikes
By Yasin Ebrahim Investing.com -- The S&P 500 jumped Wednesday, as Federal Reserve chairman Jerome Powell confirmed investor expectations for a 25-basis points rate hike in March, and said...
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