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Barron's Picks And Pans: Retail Stocks, Berkshire Hathaway And More
Sunday, May 21, 2017 - 6:28pm | 655This weekend's Barron's cover story and a companion article take a look at retailers that can thrive despite big e-commerce competition. Other featured articles offer the prospects for Warren Buffett's formidable conglomerate and an exclusive ranking of the 500 best performing...
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Benzinga's Bulls And Bears For The Past Week: The Good, The Bad, The Ugly In Retail
Sunday, May 14, 2017 - 1:14pm | 701Benzinga has featured a look at many investor favorite stocks over the past week. Earnings reports from big retailers brought plenty of attention on retail stocks. The industry's woes continue, but it wasn't all bad news this week. The markets remain close to all-time highs and feel pricey to...
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Nordstrom Rack A Demonstration Of Retail's Perseverance Amid Department Store Chaos
Friday, May 12, 2017 - 10:00am | 524Nordstrom, Inc. (NYSE: JWN) shares were left reeling despite a first quarter that saw a beat on both the top and bottom lines. The department store, often viewed as one of the strongest company’s in a struggling retail environment, fell over 11 percent on Thursday. While comp sales fell 2.8...
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It Seems No One Cares About The Nordstrom, Ivanka Trump Fiasco Anymore
Tuesday, March 7, 2017 - 1:03pm | 483Supporters of President Donald Trump vowed to boycott the high-end fashion retailer Nordstrom, Inc. (NYSE: JWN) after the company cut ties with the president's daughter Ivanka. Unsustained Outrage According to a Bloomberg report, data showed that 30 percent of Americans who support the president...
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JC Penney, Kohl's, Nordstrom: More Mixed Earnings Expectations For Department Store Giants
Tuesday, February 21, 2017 - 5:27pm | 783The holiday shopping season was disappointing for many retailers, and it showed in the mixed earnings report released by Macy's Inc (NYSE: M) early Tuesday. Three more leading department store operators are expected to share their latest quarterly results this week as well, and overall the...
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Retail Analyst: Nordstrom's Decision Purely Business
Wednesday, February 8, 2017 - 3:32pm | 356Nordstrom, Inc. (NYSE: JWN)'s decision to cease its business relationship with President Trump's daughter prompted a response from the president. Nordstrom announced last week it will no longer carry Ivanka Trump's line of women's clothing, accessories and other fashion products....
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Barron's Picks And Pans: Tech Infrastructure, Small Caps, DineEquity And More
Sunday, December 18, 2016 - 10:35pm | 572This weekend's
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Nordstrom Beginning To Take A Hit From Revenue Woes
Monday, October 31, 2016 - 3:30pm | 376Paul Trussell of Deutsche Bank downgraded Nordstrom, Inc. (NYSE: JWN) from Buy to Hold with a price target lowered by $1 to $56. According to Trussell, Nordstrom's stock rewarded timely investors with a 46 percent return since the end of June while simultaneously outperforming its peers....
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Retail Earnings Parade Begins: JC Penney, Kohl's In The Spotlight
Sunday, May 8, 2016 - 9:18am | 648The big retailers begin taking their turns on the earnings stage this week. Highlights include the most recent quarterly results from two leading department store operators. Wall Street analysts are looking for an earnings decline from one and a net loss from the other. As earnings...
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Do Cheesecake Factory Sales Predict...Nordstrom's Numbers?
Wednesday, February 17, 2016 - 5:05pm | 352The lukewarm quarterly comps and traffic trends at Cheesecake Factory Inc (NASDAQ: CAKE) spell trouble for apparel retailer Nordstrom, Inc. (NYSE: JWN), which reports its fourth-quarter results on February 18 after the market hours. Wall Street expects Nordstrom to earn $1.22 a share for the...
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Wal-Mart Set To Kick Off Retail Earnings Season
Monday, February 15, 2016 - 1:25pm | 674The world's largest retailer kicks off the retail earnings parade later this week. Results from an upscale department store operator will be another highlight this week. Wall Street is looking for shrinking earnings from both of them. If the earnings season is starting to wind down...
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Nordstrom's Buyback And Special Dividend: What Should Investors Think?
Friday, October 2, 2015 - 9:21am | 331Nordstrom, Inc. (NYSE: JWN) announced on Thursday a $4.85 per share special dividend and a $1 billion increase to its buyback program. Tom Forte of Brean Capital is "very encouraged" by the announcement, but maintained a Hold rating. According to Forte, the stock's valuation...
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Nordstrom Succeeding In A Dying Brick-And-Mortar World
Friday, August 14, 2015 - 8:31am | 529Nordstrom, Inc. (NYSE: JWN) is trending up after closing down 0.78 percent on Thursday. The retailer was up nearly 5 percent in Friday's pre-market session, which could be attributed to the firm's updated guidance. Nordstrom raised its FY15 sales growth guidance from 7-9 percent to 8.5-...
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Major Retailers Highlight This Week's Earnings Outlook
Sunday, May 10, 2015 - 11:31am | 822As the earnings season begins to wind down, it is time for the big retailers to start sharing their most recent quarterly results. Consensus estimates from Wall Street analysts call for year-on-year earnings growth from Macy's, Inc. (NYSE: M), but for earnings declines from Kohl's...
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Vaya Con Citi! A Puerto Rican REIT Tour
Thursday, April 16, 2015 - 2:08pm | 1066On Tuesday, Citi Research published a note titled, "A More Positive Reality Than Perceptions Would Imply," updating Puerto Rican leasing and sales activity for shopping centers and malls owned by four U.S. REITs. The Four DDR Corp (NYSE: DDR): $6.5 billion cap, 3.8 percent yield...