Isabella Rose Taylor's fashion line is debuting at Nordstrom stores and she's set to hold her first show at New York Fashion Week.» Read More
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. USEC Inc. fell 10.2 percent to $5.52. Aspen Aerogels Inc. fell 10.0 percent to $9.39.
*Ukraine engaged Russia armored column. NEW YORK, Aug 15- U.S. stocks fell on Friday, reversing earlier gains as forces in Ukraine engaged a Russian armored column on Ukrainian soil, raising the prospect of a deeper escalation in the region's unrest. Markets had opened higher as investors continued to bet that the tension between Ukraine and Russia was waning.
Kohl's Corp. fell$. 20 or. 3 percent, to $56.71. Macy's Inc. fell$. 32 or. 6 percent, to $57.52. Nordstrom fell $2.55 or 3.7 percent, to $66.14.
Some of the names on the move ahead of the open.
NEW YORK— Renewed fighting in Ukraine rattled markets on Friday. John Canally, the chief economic strategist at LPL Financial, said it's understandable that traders dropped stocks in response to the flare-up. Canally suspects the dispute between Russia and Ukraine will likely follow the pattern of recent months.
Take a look at some of Thursday's after-hours buzz:
*Putin strikes conciliatory tone on Ukraine. NEW YORK, Aug 14- U.S. stocks advanced on Thursday after conciliatory comments from Russia helped ease concerns about escalation of the conflict in Ukraine and offset some uninspiring earnings.
SEATTLE— Nordstrom Inc. on Thursday reported profit that declined by less than 1 percent in its fiscal second quarter, but beat analysts' expectations. The Seattle- based company reported earnings of $183 million, or 95 cents per share, compared with $184 million, or 93 cents per share, in the same quarter a year ago.
U.S.stocks closed higher on Thursday at August highs despite subpar economic data around the world, and after conciliatory remarks from Putin.
Dissecting Nordstrom's quarterly numbers, with the "Closing Bell" panel; Mark Hake, Capital Management; and Rick Snyder, Maxim Group.
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.
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.
*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: