Nordstrom Inc
Nordstrom shares jump 10% as earnings top estimates, but retailer issues cautious guidance
Signage outside a Nordstrom Rack retail store in New York on Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Nordstrom on Tuesday posted earnings that blew past Wall Street’s expectations, indicating the department store is making strides in its efforts to cut costs and boost efficiencies. Though the Seattle-based retailer posted earnings per […]
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Stock futures edge lower after Dow’s record close: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on February 23, 2024 in New York City. Michael M. Santiago | Getty Images Stock futures ticked down Monday after a slide in technology stocks pressured the S&P 500 and Nasdaq Composite, while the Dow Jones Industrial Average closed at a […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Fed by the Fed Stocks jumped last week as investors looked toward an expected interest rate cut in September. Federal Reserve Chair Jerome Powell bolstered a solid run for stocks when he indicated the central bank would ease borrowing […]
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Stock futures inch lower as investors review earnings, brace for inflation report: Live updates
Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024. Michael M. Santiago | Getty Images U.S. stock futures ticked lower Friday as investors reviewed a flurry of corporate earnings ahead of a key inflation report. Wall Street was also headed for a losing week after what […]
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Nordstrom misses Wall Street’s earnings expectations, as off-price chain Rack lifts sales
A Citibike docking station outside the Nordstrom flagship store in New York, US, on Wednesday, Feb. 21, 2024. Bing Guan | Bloomberg | Getty Images Nordstrom on Thursday fell short of Wall Street’s quarterly earnings expectations, as its off-price chain Rack outperformed the rest of its stores. Despite the earnings miss, the Seattle-based department store […]
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