|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||55.27 - 59.25|
|52 Week Range||37.79 - 59.25|
|PE Ratio (TTM)||21.69|
|Forward Dividend & Yield||1.48 (2.87%)|
|1y Target Est||N/A|
Trade or fade the week's big winners? The Fast Money traders weigh in. With CNBC's Melissa Lee and the Fast Money traders, Brian Kelly, Gina Sanchez, David Seaburg and Dan Nathan.
Jose Rasco, HSBC Head of Investment Strategy talks future of retail with Yahoo Finance's Seana Smith, Andy Serwer and Jennifer Rogers.
Nordstrom Inc. shares soar thanks in part to the retailer’s progress in Internet sales, a spot of trouble for brick-and-mortar retailers as Amazon.com Inc. makes more inroads in apparel.
Not all department stores are falling victim to the "retail apocalypse." Nordstrom is finding innovative ways to appeal to today's shopper #tictocnews (Source: Bloomberg)
Adapt or die isn’t just a tenet of evolution: It’s also the reality faced by the U.S. department-store industry. Although the chains are often lumped together with other mall mainstays when lamenting the “retail apocalypse,’’ this past week’s earnings reports underscore just how different department stores’ strategies are amid a wider brick-and-mortar slowdown. Nordstrom Inc., for instance, posted same-store sales that were almost four times higher than expected after drawing in buyers for both its full-priced and discounted merchandise, powered by a massive anniversary sale.
It is this, far less than Amazon.Com (NASDAQ:AMZN), that has been killing Nordstrom (NYSE:JWN). On Aug. 16, JWN stock managed to surprise Wall Street by earning $162 million, 95 cents per share, for the quarter ending Aug. 4, against $110 million or 66 cents per share a year ago.
Investors are feeling more willing to wade back into emerging markets, even if we probably haven't seen the last of volatility. •...and applaud Nordstrom's (JWN) earnings win. The Nasdaq Composite gained 9.81 points, or 0.1%, to 7816.33. That doesn't mean that there weren't ongoing geopolitical worries, just that investors chose to ignore them.
After a big rally on Thursday, stocks again added to their gains on Friday on optimism over global trade resolutions between the U.S. and China by year’s end. Even before that news came out though, there were plenty of big movers. Here are our top stock trades for Monday.Top Stock Trades for Monday #1: Tesla
Stocks that moved substantially or traded heavily Friday: Nvidia Corp., down $12.62 to $244.82 The chipmaker's profit forecast fell short of Wall Street forecasts. Applied Materials Inc., down $3.66 to ...
Stocks reversed higher as hopeful news on the trade war with China sparked late gains, while the retail sector led the market. The Nasdaq erased a 0.7% loss to close 0.1% higher but a tad off its session highs.
The Dow ended Thursday, Aug. 16, up 396 points, or 1.58%, to 25,558. fell 4.9% on Friday after the chipmaker beat earnings and sales estimates for its fiscal second quarter but issued weaker-than-expected third-quarter guidance because of declining demand for cryptocurrencies.
China names and chip stocks drove early losses Friday as Tasla, Nvidia and Applied Materials pressured the tech sector, and Deere fell hard on an earnings miss.
Stock futures: Nvidia and Applied Materials topped views, but gave weak guidance. That's a bad sign for the chip sector and the market rally. Nordstrom jumped on strong profit and guidance.
U.S. stock indexes were on track Friday for a split finish for the week, while Apple looked poised to extend its winning streak to five sessions.
The Dow Jones industrial average led a light yet broad rally in stocks today. Chip stocks weighed on the leading index of growth companies. Pfizer is gaining more traction.
Weakness in Tesla stock weighed on the Nasdaq for a portion of Friday's session, but the index recovered in afternoon trading after falling nearly 0.7% intraday
The S&P 500 and the Dow Jones Industrial average extended gains and the Nasdaq turned positive on Friday on reports of progress in talks between the United States and China and other trading partners. "Any conversations we have with China to come up with a deal and any conversations we have with Mexico would be seen as a win for the U.S.," said Jeffrey Frankel, president at Stuart Frankel & Co, in New York.
Ryan McQueeney and Maddy Johnson recap this week's global macroeconomic headlines and highlight the latest earnings results from Nvidia (NVDA), Walmart (WMT), and the U.S. department store giants.
Macy’s (M) reported improved gross and operating margins in the fiscal second quarter despite lower sales. Macy’s gross margin expanded 80 basis points to 40.4% in the fiscal second quarter. Efficient inventory management helped the company improve its gross margin in the fiscal second quarter.
Shares of Nordstrom Inc. (JWN) jumped more than 10% after reporting second quarter earnings per share of 95 cents on revenue of $3.98 billion, reflecting 7.0% year-over-year revenue growth. The company beat earnings estimates by 11 cents and revenue estimates by $20 million. Earnings before interest and taxes were $246 million, or 6.2 % of net sales, compared with $217 million, or 5.8 % of net sales, during the same trimester of fiscal 2017.