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JWN: Attractive Opportunity For Investors
Friday, May 14, 2010 - 2:16pm | 138Analysts at Piper Jaffray reiterate their "overweight" rating on Nordstrom Inc (NYSE: JWN). The target price for JWN is set to $51. JWN posted its Q1 EPS ahead of the estimates but short of the consensus. “A recent pullback in shares on what has largely amounted to as an increase in bonus accruals...
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Dillard’s (DDS) Posts Better-Than-Expected; Shares Surge
Friday, May 14, 2010 - 11:12am | 106Shares of Dillard’s, Inc.(NYSE: DDS) surged more than 15% today, following the first quarter results announced by the company. The company reported increase in net income from 10 cents per share reported in the first quarter, last year, to 68 cents per share, or $48.8 million, in the first quarter...
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Dillard's (DDS) Up 8% On Earnings News
Friday, May 14, 2010 - 10:14am | 90Shares of Dillard's, Inc. (NYSE: DDS) were trading up more than 8% at $27.94 per share Friday morning. Dillard's, Inc. closed the previous trading day at $25.72 per share and has a 52 week trading range of $7.10 to $31.22 per share. Dillard's, Inc. released financial results on Friday morning that...
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J.C. Penny (JCP) Reports First Quarter Results
Friday, May 14, 2010 - 9:46am | 101J.C. Penny Company (NYSE: JCP) has reported its first quarter results. Net income rose from $0.11 per share reported a year earlier to $0.25 per share, or $25 million, in the first quarter, a huge jump of 127 percent. Sales increased by 1.2 percent in first quarter. The company has attracted...
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Stock Market News for May 14, 2010 - Market News
Friday, May 14, 2010 - 9:39am | 423Stocks tumbled in the final hours of trading Thursday as cautious comments from Cisco CEO John Chambers and department store operator Kohl’s Corp.’s unimpressive outlook gave investors reason to pull money out of the market. Absence of market-moving catalysts also weighed on sentiments even as...
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Company News for May 14, 2010 - Corporate Summary
Friday, May 14, 2010 - 9:39am | 146• Shares in Sony (NYSE:SNE) dropped 6.8% in overnight trading after the company forecast profits of $1.7 billion for the year, which fell short of Street estimates • Nordstrom (NYSE:JWN) posted first quarter earnings of 52 cents a share, three cents below Zacks estimates, on inline revenues of $2...
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Catalysts To Watch On May 14, 2010
Friday, May 14, 2010 - 7:45am | 133Analyst Meeting • Wells Fargo & Company (NYSE: WFC)– WFC's first ever analyst meeting commenced yesterday and will finish today. • Intersil (NASDAQ: ISIL) - The company is holding its analyst meeting today. Corporate Events Calendar • JC Penny (JCP) - JCP is set to announce its results for the...
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Stocks To Watch For May 14 (JCP, BBI, CA, NVDA, JWN)
Friday, May 14, 2010 - 6:57am | 217Some of the companies that may grab investor focus today are: Analysts expect JC Penney (NYSE: JCP) to post an EPS of $0.25 for the first quarter. JCP’s shares lost 1.46% to $27.76 in the after hours trading session. Blockbuster Inc (NYSE: BBI) posted its Q1 loss of $0.33 per share, down from a net...
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US Stocks Tumbled Yesterday, Led By The Consumer-Discretionary Sector
Friday, May 14, 2010 - 5:13am | 273US stocks plunged yesterday in the wake of disappointing earnings guidance and results reported by the consumer-discretionary sector retailers Kohl's (NYSE: KSS) and Urban Outfitters (NASDAQ: URBN). Additionally, a positive outlook from Cisco Systems (NASDAQ: CSCO) could not revive investor...
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Benzinga's After Hours Decliners (NVDA, SLE, JWN)
Thursday, May 13, 2010 - 6:11pm | 209Notable stocks that are moving lower in the after hours trading session, are NVIDIA (NASDAQ: NVDA), Sara Lee Corp. (NYSE: SLE), and Nordstrom (NYSE: JWN). NVIDIA reported earnings this afternoon, beating Wall Street estimates. The company posted EPS of $0.23 compared to analysts' expectations of $...
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Nordstrom: Value & Reality Catch the Stock (JWN, KSS)
Thursday, May 13, 2010 - 4:47pm | 373Reuters: The Senate backed restrictions on credit rating agencies and credit card fees. Reuters: Oil dropped to a three month low based on demand. Reuters: Facebook will hold a staff meeting on privacy. Reuters: Video game sales plunged in April. WSJ: The Goldman Sachs Group (NYSE: GS) is...
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Nordstrom Reports Earnings; Shares Fall
Thursday, May 13, 2010 - 4:15pm | 82Shares of Nordstrom Inc. (NYSE: JWN) are falling in the after-market by 2.08% to $40.43 after the company reported earnings. Nordstom said the EPS came in at $0.52 on $2.09 billion in revenue. The Street was looking for $0.55 EPS and $1.97 billion in revenue. The company also said that same store...
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Nordstrom Reports Earnings; Shares Fall
Thursday, May 13, 2010 - 4:15pm | 82Shares of Nordstrom Inc. (NYSE: JWN) are falling in the after-market by 2.08% to $40.43 after the company reported earnings. Nordstom said the EPS came in at $0.52 on $2.09 billion in revenue. The Street was looking for $0.55 EPS and $1.97 billion in revenue. The company also said that same store...
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Retailers Slip After Earnings (URBN, KSS)
Thursday, May 13, 2010 - 1:55pm | 141Shares of some retailers are down today after reporting earnings. Urban Outfitters (NASDAQ: URBN) reported first quarter earnings today that topped expectations but shares fell. The company reported earnings of 31 cents per share, ahead of the 30 cents Wall Street was expecting. Gross profit margin...
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KSS’ Shares Fall Despite 45% Jump In Q1 Profits
Thursday, May 13, 2010 - 10:39am | 132Kohl's Corp (NYSE: KSS) fell 1.00% in pre-market trading today after it announced better-than-expected results but projected its full year earnings below expectations. Department store chain announced its fiscal Q1 profits of $199 million, or $0.64 a share, as compared to a profit of $137 million,...