|Bid||38.21 x 1100|
|Ask||38.55 x 1000|
|Day's Range||38.11 - 39.80|
|52 Week Range||25.01 - 49.98|
|Beta (5Y Monthly)||0.67|
|PE Ratio (TTM)||11.03|
|Earnings Date||Feb 26, 2020 - Mar 2, 2020|
|Forward Dividend & Yield||1.48 (3.73%)|
|1y Target Est||36.00|
Target has anchored the retail sector in 2019, outpacing its rivals by adapting successfully to a complicated and competitive landscape, and capitalizing on the increasingly digitized shopping experience for which consumers are clamoring.
Bobbi Brown, a renowned American makeup artist, is teaming up with MasterClass to share her makeup secrets, thoughts on the beauty industry and offer advice from her time in the boardroom in a new lifestyle class, which is now available on www.masterclass.com. Bobbi Brown, founder of Bobbi Brown Cosmetics joins Yahoo Finance’s Editor in Chief Andy Serwer, Adam Shapiro, Julie Hyman and Brian Sozzi on On The Move to discuss that and more.
Cyber Monday sales hit a record high with consumers spending approximately $9.2 billion in online sales on Monday alone. Yahoo Finance’s Adam Shapiro, Julie Hyman, Rick Newman and Interactive Brokers Chief Strategist Steve Sosnick discuss on On The Move.
The Law Offices of Frank R. Cruz ("FRC") announces an investigation on behalf of Nordstrom, Inc., ("Nordstrom" or the "Company") (NYSE: JWN) investors concerning the Company and its officers’ possible violations of federal securities laws.
Last year's fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing […]
Analysts at Goldman Sachs lower their rating on the struggling retailer after it slashed its full-year earnings outlook late last month.
Lululemon has historically traded heavily around earnings. So, should investors consider buying LULU stock with the athleisure apparel giant set to report its Q3 fiscal 2019 results on Wednesday, December 11?
Landlords have struggled to fill multi-story retail spaces, but city planners continue to be leery of allowing them to lease them out to office users.
The retailer needs a solid plan that convinces investors that a comeback is in the cards. While its New York flagship bustles, many of its other stores around the U.S. are struggling, and a quick end to the slump isn’t in sight.
(Bloomberg) -- One of the world’s biggest developers of offshore wind farms thinks its massive turbines could be key to the production of hydrogen in a greener way and ultimately, stemming climate change.Over the past decade, offshore wind has pushed from a frontier technology to a multi-billion-dollar industry that provides green power cheap enough to compete with fossil fuels. Orsted A/S, a Danish company, anticipates that the scale and efficiency of wind farms at sea can play a crucial role to supply heavy industry with green hydrogen.Hydrogen is important because it’s one of the few fuels that can burn hot enough to make steel and cement, two of the most polluting industries. At the moment, most hydrogen is derived from natural gas and causes greenhouse gas emissions. Getting the element from electrolysis driven by wind farms would make it a zero-emissions fuel, since no carbon dioxide comes with hydrogen in the combustion process. As long as these heavy industries rely on polluting fossil fuels, it may be impossible to achieve the goals in the 2015 Paris Agreement on climate change.“You cannot do it without hydrogen,” Anders Nordstrom, head of hydrogen at Orsted, said in an interview. “Everything that can be electrified, you should electrify, but that leaves a substantial part of de-carbonization where hydrogen is the second-best option because electricity isn’t feasible.” Manufacturing is responsible for about 10% of global carbon dioxide emissions because it relies on high-temperature furnaces that mostly run on fossil fuels such as coal and oil. Some processes like cement require chemical reactions that throw off CO2 in addition to the emissions from burning fuels.Hydrogen can be used as an alternative fuel in many of those processes. The issue is getting the gas without making more CO2.Machines known as electrolyzers can create the hydrogen by splitting it out of water molecules. And when it burns, hydrogen leaves only water vapor behind. If the whole process is powered by a wind farm, no emissions are involved.To Orsted, it makes sense to pair offshore wind farms with hydrogen electrolyzers. Wind turbines are bigger and run more often when they’re sited at sea instead of on land -- often enough that they sometimes spin when the grid can’t absorb more power.Hydrogen factories could take that power and turn it into a gas. That would deliver another benefit in that they can store that energy for use later -- something that’s more difficult when the energy comes in the form of electricity.As the industry pushes to rapidly expand offshore wind in Europe, electrolysis may also help balance the variable generation rates of wind farms. When the wind doesn’t blow that strongly, electrolyzers could be turned down. When the wind picks up, the hydrogen production could be scaled up.Since 2018, Nordstrom has run a small team of people at the Danish energy company that’s focused on hydrogen. During 2019, the company unveiled a pair of pilot projects in the U.K. and Germany. A failed bid for an offshore wind farm off the coast of the Netherlands also included plans to incorporate green hydrogen. Orsted is continuing to develop hydrogen projects in the country and has a pipeline of other projects around northwest Europe, Nordstrom said.The major challenge is cost. Green hydrogen costs between $2.50 and $6.80 a kilogram to make, due to the relatively high costs of renewable-powered electrolysis, according BloombergNEF. That would need to fall below $2 in order to make renewable hydrogen competitive with coal, and to around 60 cents to beat the cheapest natural gas-based production, according to BNEF.That cost could come down to be competitive with fossil fuel by 2030, according to Nordstrom. A number of factors would need to fall into place to achieve that, such as increased scale of electrolysis projects, cheaper and more efficient electrolyzers and a higher carbon price, he said.The executive sees a parallel between hydrogen and offshore wind in terms of their level of development. Just a few years ago, offshore wind was more expensive than nuclear power. Now it rivals coal on cost in some places.“We are where offshore wind was 10 years ago,” Nordstrom said. “It’s the same cost journey we need to take.”Green hydrogen will also have to contend with competition from natural gas, which can be used to make hydrogen as well. That method produces carbon dioxide in the process.By 2025, Orsted will move beyond studies and have electrolyzer projects up and running, including a 30-megawatt project it’s part of in Germany, Nordstrom said. Beyond then, scale and potential is hard to forecast.“It’s quite difficult to predict where we’ll be in 10 years,” Nordstrom said. “There’s an exponential feel to what’s happening at the moment.”To contact the author of this story: Will Mathis in London at firstname.lastname@example.orgTo contact the editor responsible for this story: Reed Landberg at email@example.com, Andrew ReiersonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The discount chain reported better earnings than expected and raised its forecast for its full-year profit. The stock gained 3.4% in premarket trading.
Analysts at Susquehanna Financial Group hit the malls on Black Friday to determine which stores were the “haves” and which were the “have-nots” when it comes to footwear and apparel sales.
This Giving Tuesday, leading fashion retailer Nordstrom, Inc. announced it is continuing its tradition of giving back during the holiday season by partnering with Children's Miracle Network Hospitals (CMN Hospitals), the Good+Foundation, Big Brother Big Sisters of America and Big Brothers Big Sisters of Canada. This holiday, with the help of its customers and employees, Nordstrom has set a goal to raise more than $1M for these organizations.
Although Black Friday 2019 witnesses a steep slump in offline shopping, it gains traction from a solid surge on the online platform. Given this scenario, we enumerate some winners and losers.
It's only the second year median worker pay disclosures have been required, and not all the more than 70 public companies in Washington state have released those figures.
Let's take a look at what's going on with Dollar General and what to expect from its upcoming third-quarter earnings report to see if investors should consider buying the discount retailer's stock...
Macy’s has struggled to compete vs. Amazon and off-price retailers. Do a strong economic backdrop and cheap valuation make Macy’s stock a buy?
Thanksgiving came late this year, and that means Christmas shoppers who waited for Black Friday and Cyber Monday deals will have six fewer days to stuff their stockings in time for the holiday. Discount retailers look like strong contenders to beat other retail stocks, as they have been doing for most of 2019. Raymond James analyst Matthew McClintock argues delivery capabilities will further separate the winners from the losers.