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"This is a momentum market," Stephen Weiss says.
NEW YORK, Aug 16- U.S. stocks fell slightly on Friday, and the Dow industrials posted the biggest weekly loss this year as rising bond yields hurt shares paying rich dividends and earnings from retailers disappointed investors. Nordstrom late Thursday was the most recent department store chain to miss revenue estimates. Shares fell 4.9 percent to $56.43.
NEW YORK, Aug 16- U.S. stocks fell on Friday, following the largest one-day drop in almost two months a day earlier, as retailers took a beating after reporting lackluster earnings and high-dividend names were hurt by rising interest rates.
*Green Mountain Coffee Roasters' stock up, to join Nasdaq 100. *Nordstrom latest to report weak retail revenues, shares fall. said Rick Meckler, president of investment firm Liberty View Capital Management in Jersey City, New Jersey.
*Nordstrom among retail firms with weak revenue, shares dip. Nordstrom Inc on Thursday joined the list of consumer companies reporting lower-than-expected revenue, and the luxury department store chain cut its full-year sales and profit forecasts.
*Nordstrom adds to list of weak retail revenues, shares fall. "We haven't seen the revenue growth the market was anticipating," said Rick Meckler, president of investment firm LibertyView Capital Management in Jersey City, New Jersey.
*Green Mountain Coffee Roasters to join Nasdaq 100. *From Wal-Mart and Gap to Macy's and McDonald's, chains that cater to middle- and lower-income Americans say they are feeling the pinch of an uneven economic recovery. *The Thomson Reuters/ University of Michigan Surveys of Consumers will release the preliminary August consumer sentiment index at 9:55 a.m..
Some of the names on the move ahead of the open.
NEW YORK, Aug 14- Billionaire investor George Soros dumped 7.85 million shares of US Airways Group Inc in the second quarter, a regulatory filing on Wednesday showed. On Tuesday, the U.S. Justice Department filed a lawsuit to block the proposed merger of US Airways and AMR Corp, the parent company of American Airlines.
NEW YORK, Aug 14- Leon Cooperman's Omega Advisors soured on Facebook Inc in the second quarter, while Patrick McCormack's Tiger Consumer Management took a shine to the social networking company. Omega, for instance, in the quarter sold 3.67 million shares of Facebook, according to the firm's regulatory filing.
Wednesday marks 45 days since the end of the second quarter, or as it's known in the financial community, "13F Day." Some of the world's biggest funds report their holdings.
*Tesla Motor and Groupon rally after results. NEW YORK, Aug 8- U.S. stocks rose on Thursday, snapping a three-day string of losses as positive data from around the world gave investors a reason to buy, while Tesla soared following its results.
*Spotlight on JPMorgan shares after news of U.S. criminal probe. *Tesla Motor and Groupon rally after results. NEW YORK, Aug 8- U.S. stock index futures pointed to a higher open on Thursday and a rebound from three straight days of losses, though gains may be hard to come by with few market catalysts.
*Tesla Motor and Groupon rally after results. NEW YORK, Aug 8- U.S. stock index futures were higher on Thursday, indicating that equities would rebound following three straight days of losses, though steep gains may be hard to come by with few market catalysts.
The investment bank highlights eight industry themes it describes as "creative destruction" - trends that make it necessary for companies to either "adapt or die."
Check out which companies are making headlines after the bell Wednesday:
Stocks recovered from their worst levels but still closed in the red for a third session Wednesday, with major averages retreating further from their recent highs, amid renewed concerns about when the Federal Reserve may start to wind down its bond-buying program.
Aug 7- Green Mountain Coffee Roasters Inc's third-quarter revenue missed analysts' estimates, hurt mainly by a drop in sales in Canada, sending its shares down 6 percent after market. The maker of Keurig single-serve brewers, and the K-Cups that go with them, said revenue from Canada fell 3 percent, accounting for about 15 percent of total sales.
CNBC's Herb Greenberg breaks down Green Mountain's earnings.
Green Mountain Coffee reported earnings that beat Wall Street forecasts on lower coffee costs and strong sales of its single serve K-Cups, but the stock is tumbling in late trading on weaker-than-forecast sales.