Nordstrom Inc

Retailers could face cost cuts and slower sales this year
Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images After benefitting from a pandemic-era shopping spree, retailers are preparing for a reality check. Walmart and Home Depot will kick off retail earnings season Tuesday by sharing holiday-quarter […]
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Nordstrom could use an activist, but Ryan Cohen might not be the right one
Buckle up, Nordstrom shareholders. Volatile trading is ahead. Activist investor Ryan Cohen is building a stake in the department store chain as he looks to shake up its board, people familiar with the matter told CNBC. Cohen’s interest in the company was first reported by The Wall Street Journal . Not surprisingly, Cohen’s entry has […]
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Stocks making the biggest moves midday: Amazon, Alphabet, Apple, Nordstrom, Ford and more
Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022. Sandy Huffaker | Reuters Check out the companies making headlines in midday trading. Amazon – The e-commerce giant’s stock tumbled 4% despite a revenue beat. Late Thursday, Amazon issued weaker-than-expected guidance for the current period. The company […]
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Stocks making the biggest moves before the bell: Apple, Alphabet, Amazon, Starbucks and more
These are the stocks posting the largest moves in premarket hours. Source
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Nordstrom stock surges after report says activist investor Ryan Cohen bought a stake
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom surged Friday morning following news that activist investor and meme stock maven Ryan Cohen bought a stake in the high-end department store company. The stock was up about 30% […]
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Shares earning the biggest moves premarket: Netflix, Alphabet, Nordstrom, PagerDuty and far more
A indicator is posted in front of a Google place of work on April 26, 2022 in San Francisco, California. Google guardian company Alphabet will report initial quarter earnings right now following the closing bell. Justin Sullivan | Getty Images Information | Getty Images Test out the firms earning headlines in advance of the bell: […]
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Stock futures rise following Dow goes negative for the year
Stock futures ticked larger early Friday early morning as investors tried out to dangle on to the January rally amid problems about monetary policy and slowing earnings. Futures tied to the Dow Jones Industrial Ordinary rose 45 factors, or .14%. S&P 500 and Nasdaq 100 futures obtained .24% and .43%, respectively. Nordstrom slipped a lot […]
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Nordstrom shares sink after retailer posts weak holiday sales and slashes guidance
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom fell Thursday, after the department store chain said it was hurt by weak sales and a lot of markdowns during the holiday season. The retailer said net sales dropped […]
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