Nordstrom, Inc. (NYSE:JWN)

Is This the Turnaround Nordstrom Has Been Waiting For?

Posted: August 21, 2019 at 4:20 pm

Nordstrom, Inc. (NYSE: JWN) released fiscal second-quarter financial results after markets closed Wednesday. The retailer said that it had $0.90 in earnings per share (EPS) and $3.87 billion in revenue, ...
Read Full Story »

What to Expect When Nordstrom Reports After the Close

Posted: August 21, 2019 at 10:30 am

Nordstrom Inc. (NYSE: JWN) is scheduled to release its fiscal second-quarter financial results after the close. The Wall Street consensus forecast is calling for $0.75 in earnings per share (EPS) ...
Read Full Story »

Oil & Gas, Apparel, Pharma Vying for S&P 500’s Worst Group of 2019

Posted: August 8, 2019 at 1:05 pm

The stock market has experienced yet another 5% correction after hitting all-time highs just in July. What really stands out for 2019, particularly if you just followed the emotions of ...
Read Full Story »

China Trade War Fallout Puts Dark Clouds Over Luxury Goods

Posted: August 5, 2019 at 12:10 pm

With an escalation in the trade war between the United States China, the impact is beginning to feel drastic all over again. We have seen these reactions before, but China ...
Read Full Story »

Top Analyst Upgrades and Downgrades: AMD, CenturyLink, Delphi, GM, Ford, Intel, KB Home, Micron, Nordstrom, Nvidia, Tesla, Zscaler and More

Posted: June 27, 2019 at 8:55 am

Stocks were indicated to open slightly lower on Thursday after Wednesday's rally failed to materialize into gains on the S&P 500 and Dow Jones industrial average. Volatility remains high while ...
Read Full Story »

Too Many Retailers Are Acting As If They Already Face a Recession

Posted: June 3, 2019 at 12:45 pm

Whenever there is any hiccup in the economy, consumers tighten their spending on non-critical items. That means that curtailing entertainment spending, dining out, and buying new clothing and apparel become ...
Read Full Story »

Home Depot, Target, HP, Best Buy and More Major Earnings Coming This Week

Posted: May 19, 2019 at 10:25 am

The first-quarter earnings reporting season is winding down, but some major companies have yet to share their results. Many of the companies reporting this week are retailers that share their ...
Read Full Story »

Top Analyst Upgrades and Downgrades: American Eagle, Atlassian, Match, NextEra, Nordstom, Office Depot, Roku, Stamps.com, Tanger and More

Posted: May 9, 2019 at 8:50 am

Stocks were trading lower again on Thursday morning ahead of the tariff news, with President Trump signaling that China basically broke the deal at the last minute. Investors have seen ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Apple, Disney, Gilead, Nordstrom, Novartis, Tesla, Under Armour, Wendy’s and More

Posted: April 10, 2019 at 8:40 am

Stocks were indicated to open marginally higher in the United States after the European Central Bank kept interest rates steady and forecast that rates would be on hold through at ...
Read Full Story »

Home Depot, Nordstrom, Macy’s and More Major Retailers Reporting This Week

Posted: February 24, 2019 at 9:25 am

The first round of retail earnings has come and gone. Now we are seeing more major retailers getting ready to report. The broad markets have rallied, with the Dow Jones ...
Read Full Story »

Nordstrom, Tailored Brands Drop Into Wednesday’s 52-Week Low Club

Posted: January 16, 2019 at 12:35 pm

January 16, 2019: Here are four stocks trading with heavy volume among just 15 equities that have posted new 52-week lows by the noon hour Wednesday. On the New York ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Apache, Caesars, Dell, Devon Energy, HPE, NetApp, Nordstrom, MetLife, Snap and More

Posted: January 16, 2019 at 9:00 am

Stocks were indicated higher on Wednesday after two days of weaker opening indications. Still, the ultimate 155-point rally in the Dow Jones industrial average to 24,065 on Tuesday now made ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Baidu, Chipotle, First Solar, Honeywell, JPMorgan, Maxar, Nokia, Nvidia, PG&A, SunPower, Xilinx and More

Posted: January 8, 2019 at 9:05 am

Stocks were indicated to open higher again on Tuesday, with U.S.-China trade talks leading the charge higher. Investors are still recovering from major selling and volatility at the end of ...
Read Full Story »

Michael Kors Closes Versace Deal, Changes Name to Capri

Posted: December 31, 2018 at 9:40 am

Luxury brand Michael Kors Holdings Ltd. (NYSE: KORS) announced Monday morning that it has closed its acquisition of fashion brand Versace and will change its name to Capri Holdings effective ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Apple, Applied Materials, Biogen, CyberArk, Electronic Arts, Marathon, Nike, NXP Semiconductors and More

Posted: December 21, 2018 at 9:15 am

The futures traded higher Friday morning as the fallout from the Federal Reserve raising rates yet again lingered over the market. With all the major indexes having the worst quarter ...
Read Full Story »