US stocks take biggest losses in nearly a month
By MARLEY JAY - AP - Tue Aug 02, 3:41PM CDT
NEW YORK (AP) — U.S. stocks took their biggest loss in almost a month on Tuesday as investors worried about the health of the U.S. economy and sold shares in retailers and car companies. Machinery companies also fell and the price of oil continued to decline.
SPLS: 8.76 (-0.60), BCS: 7.84 (-0.15), DISCK: 25.41 (+1.22), RCL: 67.35 (-4.51), C: 42.99 (-0.43), DISCB: 25.82 (-0.03), DISCA: 26.42 (+1.65), JWN: 40.74 (-3.00), GM: 29.93 (-1.37), MS: 28.00 (-0.50)
Nordstrom Set to Possibly Rebound After Yesterday's Selloff of 6.29%
Comtex SmarTrend(R) - Tue Aug 02, 2:28PM CDT
Nordstrom (NYSE:JWN) traded in a range yesterday that spanned from a low of $40.91 to a high of $43.31. Yesterday, the shares fell 6.3%, which took the trading range below the 3-day low of $41.77 on volume of 3.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
JWN: 40.74 (-3.00)
Watch for Nordstrom to Potentially Rebound After Falling 6.29% Yesterday
Comtex SmarTrend(R) - Tue Aug 02, 2:26PM CDT
Nordstrom (NYSE:JWN) traded in a range yesterday that spanned from a low of $40.91 to a high of $43.31. Yesterday, the shares fell 6.3%, which took the trading range below the 3-day low of $41.77 on volume of 3.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
JWN: 40.74 (-3.00)
Nordstrom Rack To Open At Deerfoot Meadows In Calgary, Alberta
CNW Group - Tue Aug 02, 10:00AM CDT
Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Deerfoot Meadows shopping centre in Calgary, Alberta. The approximately 30,500-square-foot store is scheduled to open in spring 2018. The property is owned and managed by Ivanhoé Cambridge.
JWN: 40.74 (-3.00)
Nordstrom Rack To Open At Vaughan Mills In Toronto, Ontario
CNW Group - Tue Aug 02, 10:00AM CDT
Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Vaughan Mills shopping centre, in Greater Toronto, Ontario. The approximately 35,000-square-foot store is scheduled to open in spring 2018. The property is owned and managed by Ivanhoé Cambridge.
JWN: 40.74 (-3.00)
Nordstrom (JWN) Approaches New Downside Target of $42.91
Comtex SmarTrend(R) - Tue Aug 02, 8:45AM CDT
Shares of Nordstrom (NYSE:JWN) opened today below their pivot of $43.80 and have already reached the first level of support at $43.33. Analysts will be watching for a cross of the next downside pivot targets of $42.91 and $42.02.
JWN: 40.74 (-3.00)
Ascena (ASNA) to Greet Fall with New dressbarn Store in CA
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 6:50AM CDT
Ascena (ASNA) announced the introduction of its latest dressbarn store in California.
CBK: 1.93 (-0.03), PLCE: 80.20 (-2.02), ASNA: 7.54 (-0.44), JWN: 40.74 (-3.00)
Will Office Depot (ODP) Pull a Surprise in Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 5:27PM CDT
Office Depot, Inc. (ODP), which supplies a wide range of office products and services, is scheduled to report second-quarter 2016 results on Aug 3, before the opening bell.
JACK: 88.52 (-2.17), M: 32.76 (-2.56), JWN: 40.74 (-3.00), ODP: 3.29 (-0.22)
Coach (COH) to Report Q4 Earnings: What's in the Cards?
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 6:39AM CDT
Our proven model does not conclusively show that Coach (COH) is likely to beat earnings estimates this quarter.
JACK: 88.52 (-2.17), COH: 41.67 (-1.79), M: 32.76 (-2.56), JWN: 40.74 (-3.00)
Nordstrom, Lord & Taylor and Amazon Now Carrying Naked Women's Products
GlobeNewswire - Mon Aug 01, 5:00AM CDT
Naked Brand Group Inc. (NASDAQ:NAKD) ("Naked"
NAKD: 1.65 (+0.04), JWN: 40.74 (-3.00)
Nordstrom to Report Second Quarter 2016 Financial Results on August 11
BusinessWire - Thu Jul 28, 3:30PM CDT
Nordstrom, Inc. (NYSE: JWN) announced today that it will report its second quarter 2016 financial results after the close of the financial markets on Thursday, August 11, 2016. The announcement will be followed by a conference call at 4:45 p.m. Eastern Daylight Time, in which senior management will comment on the company's second quarter financial results and 2016 outlook. The 45-minute conference call will be available by telephone and audio webcast. Located within the Quarterly Earnings section of the company's website will be the slides referenced during the conference call. After the conference call the speakers' prepared remarks will be available in the Quarterly Earnings section.
JWN: 40.74 (-3.00)
Avon (AVP) to Report Q2 Earnings: Will the Stock Disappoint?
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 6:02AM CDT
Avon Products (AVP) is scheduled to report second-quarter 2016 results before the bell on Aug 2.
AVP: 4.76 (+0.60), LB: 72.26 (-2.12), JWN: 40.74 (-3.00), BIG: 51.18 (-2.91)
Nordstrom Expands Madewell Partnership To 20 Additional Stores This Fall
PR Newswire - Wed Jul 27, 12:00PM CDT
Nordstrom (NYSE: JWN) announced plans to expand its partnership with Madewell by adding the brand to an additional 20 stores this fall. This is the third distribution expansion since the initial launch of the partnership in March 2015 and will result in the retailer carrying Madewell in a total of 76 locations in the U.S. and Canada, as well as Nordstrom.com. Outside of Madewell stores, Nordstrom is the only brick and mortar retailer to sell Madewell merchandise.
JWN: 40.74 (-3.00)
Upgrade Alert for Nordstrom (JWN)
Comtex SmarTrend(R) - Wed Jul 27, 4:05AM CDT
Nordstrom (NYSE:JWN) was upgraded from Neutral to Overweight at Piper Jaffray today. The stock closed yesterday at $43.93 on volume of 6.3 million shares, above average daily volume of 2.6 million. Nordstrom has overhead space with shares priced $43.93, or 27.5% below the average consensus analyst price target of $60.58. Nordstrom shares should first meet resistance at the 50-day moving average (MA) of $53.98 and find additional resistance at the 200-day MA of $60.36.
JWN: 40.74 (-3.00)
Are Retailers Already Looking Towards Back-to-School?
Zacks Equity Research - Zacks Investment Research - Tue Jul 26, 5:11PM CDT
Are Retailers Already Looking Towards Back-to-School?
SPLS: 8.76 (-0.60), KSS: 37.87 (-3.27), CLX: 130.30 (-1.05), BBY: 32.86 (-0.61), WMT: 73.13 (-0.65), M: 32.76 (-2.56), RL: 93.40 (-4.28), SBUX: 56.73 (-0.90), DLTR: 96.23 (-0.87), CMG: 402.64 (-11.44), TGT: 73.89 (-1.62), ASNA: 7.54 (-0.44), CAR: 34.76 (-1.24), AMZN: 760.58 (-7.16), HD: 137.22 (-1.55), DKS: 50.36 (-0.49), ORLY: 287.02 (-1.99), VFC: 60.00 (-2.37), TIF: 61.42 (-2.27), FIVE: 48.41 (-1.84), RAD: 7.01 (-0.01), WBA: 78.95 (-0.32), TJX: 80.34 (-1.52), JCP: 9.28 (-0.43), JWN: 40.74 (-3.00), ODP: 3.29 (-0.22), ROST: 60.68 (-0.90)
Nike and 3 Other Retail Stocks to Avoid this Summer
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 8:41AM CDT
The challenging industry background seems to have crept into the current quarter, as earnings for the S&P 500 stocks in the Retail sector are projected to be down 0.7% on 0.2% fall in margins.
NKE: 54.92 (-0.49), ANF: 19.82 (-0.89), CTRN: 16.59 (-0.38), JWN: 40.74 (-3.00)
Nordstrom (JWN) Expands: To Open Rack Store in Woodbury
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 7:17AM CDT
Nordstrom (JWN) remains on track with its expansion strategy for the Nordstrom Rack unit.
CBK: 1.93 (-0.03), PLCE: 80.20 (-2.02), AEO: 17.94 (+0.01), JWN: 40.74 (-3.00)
Nordstrom To Close Horton Plaza Store In San Diego, California
PR Newswire - Fri Jun 24, 11:20AM CDT
Nordstrom today announced plans to close its Horton Plaza Store in San Diego. Originally opened in 1985, the store will serve customers through August 26, 2016.
JWN: 40.74 (-3.00)
American Eagle (AEO): Great to Hold Despite Industry Woes
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 7:47AM CDT
American Eagle Outfitters Inc. (AEO) has been riding on its strategic initiatives, solid earnings surprise history, strength in the Aerie brand and strong margins.
ANF: 19.82 (-0.89), AEO: 17.94 (+0.01), JWN: 40.74 (-3.00), GPS: 24.21 (-1.35), RL: 93.40 (-4.28)
Research Report Initiated on Select Apparel Stores Equities
ACCESSWIRE - Wed Jun 22, 8:20AM CDT
LONDON, UK / ACCESSWIRE / June 22, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Apparel Stores industry. Companies recently under review include Gap, American Eagle Outfitters, Nordstrom, and L Brands. See our complete report on Gap at:
LB: 72.26 (-2.12), AEO: 17.94 (+0.01), JWN: 40.74 (-3.00), GPS: 24.21 (-1.35)