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Nordstrom is reporting Q2 EPS of $0.95 on revenue of $3.39 billion, with CNBC's Courtney Reagan.
U.S. stock-index futures traded mixed on Thursday after falling slightly on higher-than-expected jobless claims.
Aug 14- Department store chain Kohl's Corp reported a better-than-expected quarterly profit as costs fell, sending its shares up 3.4 percent in premarket trading. Kohl's, which caters to price-sensitive middle-class shoppers and competes with Macy's Inc, J.C. Penney Co Inc and Nordstrom Inc, said net sales fell 1.1 percent to $4.24 billion.
Kohl's Corp. fell$. 82 or 1.5 percent, to $55.11. Macy's Inc. fell $3.29 or 5.5 percent, to $56.47. Nordstrom fell$. 59 or. 9 percent, to $68.12.
NEW YORK, Aug 13- U.S. stocks ended higher on Wednesday, with the Dow Jones industrial average returning to positive territory for the year, as surging biotech shares helped investors shrug off disappointing retail sales data.
Macy's Inc quarterly earnings missed analysts' estimates and the department store operator slashed its full-year same-store sales forecast, driving the stock down 5.5 percent to $56.47. Other major retailers, including Wal-Mart Stores Inc, are expected to report results on Thursday. Wal-Mart shares slipped 0.3 percent to $74.03.
Stocks have hit an air pocket, floating higher as investors for now look past all the worries of the last couple of weeks.
NEW YORK, Aug 13- U.S. stocks rose on Wednesday, with the Dow returning to positive territory for the year as the market shrugged off weak earnings reports and a slump in retail shares. Biotech shares surged, with the Nasdaq biotech index climbing 2.1 percent on the back of stocks including InterMune Inc and Jazz Pharmaceuticals PLC.
Kohl's Corp. fell $1.03 or 1.8 percent, to $54.90. Macy's Inc. fell $3.43 or 5.7 percent, to $56.33. Nordstrom fell$. 84 or 1.2 percent, to $67.87.
*Amazon boosts Nasdaq after introducing card device. NEW YORK, Aug 13- U.S. stocks rose on Wednesday, with the Dow returning to positive territory for the year as signs of easing tensions in Ukraine overshadowed weak readings on consumer spending.
WASHINGTON, Aug 13- U.S. retail sales unexpectedly stalled in July, pointing to some loss of momentum in the economy early in the third quarter. The Commerce Department said on Wednesday that retail sales, which had increased 0.2 percent in June, were in part held back by a second straight month of declines in receipts at auto dealers.
Take a look at some of Wednesday's midday movers:
Macy's reported quarterly earnings that missed analysts' expectations and said the full year would be weaker than expected.
*Amazon introduces card device, shares rally. NEW YORK, Aug 13- U.S. stocks rose on Wednesday, with the Dow turning positive for the year as investors sought bargains amid signs of easing tensions in Ukraine and Iraq, which overshadowed some weak reads on the retail sector.
Kohl's Corp. fell $1.40 or 2.5 percent, to $54.53. Macy's Inc. fell $2.30 or 3.8 percent, to $57.46. Nordstrom fell $1.23 or 1.8 percent, to $67.48.
NEW YORK— Macy's Inc. on Wednesday reported a 4 percent profit increase in its fiscal second quarter as business rebounded from slow sales earlier in the year. Shares of Macy's tumbled nearly 5 percent, or $2.83, to $56.93 in trading Wednesday. Wal-Mart Stores Inc., Nordstrom Inc., Kohl's Inc. and J.C. Penney Co. are set to report their results Thursday.
July retail sales likely took a hit from falling gas prices, but the drop could mean more spending power during back-to-school shopping season.
Kohl's Corp. rose$. 11 or. 2 percent, to $55.83. Macy's Inc. fell$. 09 or. 1 percent, to $60.12. Nordstrom fell$. 78 or 1.1 percent, to $69.16.
U.S. stocks pared gains in light volume trading on Monday as investors looked for signs of easing in geopolitical tensions.
Kohl's Corp. rose$. 28 or. 5 percent, to $56.00. Macy's Inc. fell$. 13 or. 2 percent, to $60.08. Nordstrom fell$. 54 or. 8 percent, to $69.40.