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Macy's earnings, sales rise as it takes business from rivals
ReutersMacy's Inc. reported higher first-quarter net income and gains in a critical sales metric as it took business from rival department store chains. The company also raised its dividend by 25 percent. Macy's shares closed up 2.5 percent, near a year high....Tags: Hardware, Kohl's, Edward Jones, Thomson Corporation, Economy, Business and Finance
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BRIEF-Nordstrom shares down 4.1 pct after the bell following results
ReutersNEW YORK, May 16 (Reuters) - Nordstrom Inc : * Shares were down 4.1 percent after the bell following results. -
Nordstrom lowers sales forecast as 1st-quarter sales miss
Reuters* 1st quarter profit per share 73 cents vs estimates of 76 cents * Now sees full-year same-store sales up 3-5 pct * Shares down 3.9 percent after-hours May 16 (Reuters) - Nordstrom Inc on Thursday reported lower-than-expected sales and profit for the...Tags: Thomson Corporation, Macy's, Inc., Earnings Forecasts
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The day ahead in business May 16
Reports: Initial jobless claims for week ended May 11, 7:30 a.m; Consumer price index for April, 7:30 a.m.; Housing starts/building permits for April, 7:30 a.m.; Philadelphia Fed survey for May, 9 a.m.; Mortgage rates for week ended May 16, 9 a.m.;...
Tags: Singapore Airlines, Kohl's Illinois, Inc., Petroleum Industry, JC Penney Company Inc., Consumer Confidence
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Nordstrom Rack opens today in Columbia
Nordstrom Rack will open its planned store in Columbia today at 9 a.m. The discount format of upscale department store Nordstrom Inc. celebrates the opening of a 41,000-square-foot space with "Rally at the Rack." The retailer promises music, breakfast...
Tags: Annapolis, Nordstrom, Towson, Bethesda (Montgomery, Maryland)
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U.S. RESEARCH ROUNDUP: Yahoo, Microsoft, American Express, ArcelorMittal
ReutersMay 14 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Yahoo and Microsoft, on Tuesday. HIGHLIGHTS * Yahoo : Goldman Sachs raises target to $30 from $27; rating conviction list buy...Tags: Stratasys Incorporated, BB&T Corp., Deutsche Bank AG, Weight, American Express Company
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Luxury apparel company Vince selects banks for fall IPO: sources
ReutersBy Olivia Oran May 13 (Reuters) - High-end sportswear brand Vince is close to filing for an initial public offering, according to two sources close to the situation. Vince, owned by St. Louis-based fashion company Kellwood Co, which is controlled by...Tags: Financing and Stock Offerings, Banking, Bank of America Corp., Macy's, Ralph Lauren
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U.S. RESEARCH ROUNDUP: AIG, Express Scripts, Eli Lilly, Carlyle Group
ReutersMay 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including AIG, Carlyle Group and Express Scripts, on Monday. HIGHLIGHTS * AIG : Barclays raises to overweight from equal weight -...Tags: Discovery Communications, Inc., Bill Barrett Corporation, Gaming, Kennametal Incorporated, Lilly Eli & Co
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U.S. RESEARCH ROUNDUP: AIG, Yahoo, Gap, BroadSoft
ReutersMay 7 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including AIG, Gap, TJX and Yahoo, on Tuesday. HIGHLIGHTS * Yahoo : Stifel raises price target to $31 from $27; rating * Retail:...Tags: Discovery Communications, Inc., Stock Market, Align Technology, Inc., Deutsche Bank AG, Weight
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PayPal hits offline milestone, but Wal-Mart holds out
Reuters* Discover and PayPal sign up 50 merchant acquirers * Burger King, Sephora, Brookstone, Nordstrom to accept PayPal in stores * Wal-Mart questions value of accepting PayPal in stores By Alistair Barr SAN FRANCISCO, April 30 (Reuters) - PayPal hit a new...Tags: Groceries, eBay Inc., David Marcus, Lifestyle and Leisure, Total System Services Incorporated
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Sandy brings economic booms, busts to Northeast
FAIRFIELD, Conn. (AP) — On a storm-battered stretch of Connecticut's shoreline, landscaping crews use heavy equipment to repair damage from Superstorm Sandy, racking up overtime pay at a time of year when many are typically looking for part-time...
Tags: Hurricane Sandy (2012), Unemployment Benefits, Macy's, Fairfield (Fairfield, Connecticut), Advertising
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May 15, 2013
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May 16, 2013
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May 16, 2013
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May 14, 2013
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May 7, 2013
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Apr 29, 2013
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Dec 6, 2012
|Story| Petoskey News
Jan 6, 2012
|Story| Los Angeles Times
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