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Nordstrom Inc

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  • Nordstrom misses 1Q profit forecasts Thursday, 14 May 2015 | 4:13 PM ET

    SEATTLE— Nordstrom Inc. on Thursday reported fiscal first-quarter net income of $128 million. Nordstrom expects full-year earnings to be $3.65 to $3.80 per share. Nordstrom shares have fallen 6.5 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 3 percent.

  • A phone case that corrects your flaws? Thursday, 14 May 2015 | 12:52 PM ET
    Allan Shoemake and Kevin O'Leary snap a selfie using the LuMee light-up cell phone case

    Entrepreneur Allan Shoemake claims to have created a smartphone case for the selfie generation that can make users flawless—in a snap.

  • Futures hold gains amid weekly claims, PPI Thursday, 14 May 2015 | 8:30 AM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a higher open on Thursday, with investors eyeing weekly jobless claims data for direction.

  • Stock breakout? Investors watch data for support Thursday, 14 May 2015 | 5:59 AM ET
    Recruiters speak with job seekers during a career fair at the San Francisco State University in San Francisco.

    With stocks and bonds holding in a range, investors could find some directional support from Thursday's weekly jobless claims.

  • NEW YORK, May 14- Even as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers are betting some will prosper- if they can lure the right kind of consumer. Simon Property Group Inc, the largest high-end mall operator in the country with properties including Palo Alto,...

  • Jobs or inflation? The data traders want to see most Wednesday, 13 May 2015 | 6:50 PM ET
    Recruiters speak with job seekers during a career fair at the San Francisco State University in San Francisco.

    With stocks and bonds holding in a range, investors could find some directional support from Thursday's weekly jobless claims.

  • Is Macy's run over? Why the retailer is falling short Wednesday, 13 May 2015 | 2:19 PM ET
    People enter to Macy's store at the Newport Mall in Jersey City, N.J.

    Macy's has fallen short on earnings expectations three of the last eight quarters, according to Retail Metrics.

  • More celebrity women becoming entrepreneurs Wednesday, 13 May 2015 | 1:04 PM ET
    Halle Berry unveils 'Scandale Paris' at Laduree Soho on October 23, 2014 in New York City.

    From Halle Berry to Drew Barrymore, one of the most-coveted roles among A-list actresses is now business owner.

  • WASHINGTON, May 13- U.S. retail sales were flat in April as households cut back on purchases of automobiles and other big-ticket items, the latest sign the economy was struggling to rebound strongly after barely growing in the first quarter. The weaker-than-expected retail sales report from the Commerce Department, and other data on Wednesday showing the 10th...

  • 7 celebrity women who have started their own businesses Wednesday, 13 May 2015 | 11:24 AM ET

    Stars including Halle Berry, Nicki Minaj and Drew Barrymore, have launched businesses in recent years that sell lingerie, bubby wine and lip gloss. The Oscar winner's line of $7 panties and $18 bras went on sale at Target stores last year. The "Anaconda" rapper co-owns bubbly moscato maker Myx Fusions with Mona Scott-Young, the producer of the "Love& Hip Hop" reality TV...

  • More celebrity women taking on role of business owner Wednesday, 13 May 2015 | 11:20 AM ET

    NEW YORK— These days, one of the most-coveted roles among A-list actresses is business owner. Oscar winner Halle Berry is one of the latest female celebrities to start a business. Wal-Mart shoppers can pick up lip gloss, mascara and perfume made by Flower, a makeup brand co-owned by actress Drew Barrymore.

  • April retail sales spell bad news for Q2 GDP Wednesday, 13 May 2015 | 10:38 AM ET
    A shopper leaves a Banana Republic store in New York.

    What happened to retail? It looks sluggish, despite a lot of noise.

  • Disruptor 50: No. 41 Twilio Tuesday, 12 May 2015 | 7:00 AM ET
    Jeff Lawson, CEO of Twilio

    Twilio is pulling $100M in revenue, convincing developers to use its technology to add call, voice, text and picture messaging to any app.

  • Mirror, mirror on the wall: Smart mirrors boost sales Monday, 11 May 2015 | 11:14 AM ET

    NEW YORK— Imagine a fitting room with a "smart" mirror that suggests jeans to go with the red shirt you brought in. A handful of primarily upscale retailers, including Neiman Marcus and Nordstrom, are testing versions of this high-tech fitting room. This trend is a way stores aim to catch up to online rivals like Amazon.com that are able to gather information on which...

  • Traders look to retailers to move markets to highs Monday, 11 May 2015 | 10:21 AM ET
    Pedestrians in front of a Gap store in New York.

    Consumers seem to be spending money on cars, student loans, electronics and dining, but not on retail in general.

  • Asian stocks retreat as Greek cash crunch intensifies Monday, 11 May 2015 | 10:11 AM ET

    Exxon Mobil lost 1.7 percent, the most in the Dow Jones industrial average. Benchmark U.S. crude fell 14 cents to close at $59.25 a barrel in New York. "It's a day of digestion after big news and a big move on Friday," said Eric Wiegand, a senior portfolio manager at U.S.

  • Stocks could rally this week Monday, 11 May 2015 | 5:58 AM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks could march into record territory in the week ahead—unless the economy starts to look too strong, or then again, too weak.

  • Stocks could rally this week Monday, 11 May 2015 | 4:37 AM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks could march into record territory in the week ahead—unless the economy starts to look too strong, or then again, too weak.

  • *Microsoft jumps on news it's not pursuing Salesforce. May 8- U.S. stock indexes ended more than 1 percent higher on Friday after strong jobs data indicated U.S. economic growth was picking up momentum, but not enough to raise concerns about an earlier-than-expected interest-rate rise by the Federal Reserve. Couldn't have been better, "said Jack Ablin, chief...

  • *Microsoft jumps on news it's not pursuing Salesforce. May 8- U.S. stock indexes jumped more than 1 percent on Friday as strong jobs data indicated the U.S. economic growth was picking up momentum, but not enough to raise concerns about an earlier-than-expected interest-rate rise by the Federal Reserve. "Right now, the market's been pricing for December and the...