Nordstrom Inc

Retailers could face cost cuts and slower sales this year
Business

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
Business

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
Business

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
Business

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
Business

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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Fanatics to begin livestreamed procuring of trading playing cards, collectibles
Technology

Fanatics to begin livestreamed procuring of trading playing cards, collectibles

New York, NY. – December 7th. Portrait for a profile on Fanatics founder & CEO Michael Rubin at his business in downtown NYC. The Washington Article | Getty Visuals Fanatics is going into livestreamed buying around collectibles and investing cards, employing a previous Snap and Alphabet executive to start its new small business later on […]

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Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl’s, Boot Barn and more
Finance

Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl’s, Boot Barn and more

In this article CL M KSS JWN TSLA CRM INTC COIN BOOT Follow your favorite stocksCREATE FREE ACCOUNT The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves in premarket trading: Colgate-Palmolive […]

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Shares earning the biggest moves premarket: Netflix, Alphabet, Nordstrom, PagerDuty and far more
Finance

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
World

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
Business

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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