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A recent acquisition shows how bedroom novelties have aroused the interest of private equity firm Brookstone Partners.
FMHR trader Josh Brown is bullish on Nordstrom because of its "fantastic management," while Stephanie Link would sell the stock here based on vulnerable margins.
Some of the names on the move ahead of the open.
Feb 20- Nordstrom Inc on Thursday reported a lower profit for the holiday quarter, hit by higher-than-expected markdowns, and the high-end retailer gave a full-year profit forecast that missed Wall Street expectations.
Check out which companies are making headlines after the bell Thursday:
Stocks drifted higher to close at session highs Thursday, with the S&P nearing its all-time high, as investors seemed to shrug off a mixed bag of economic and earnings reports.
Feb 20- Nordstrom Inc on Thursday reported a lower profit for the holiday quarter, hit by higher markdowns, and the high-end retailer gave a full year profit forecast that missed analyst expectations.
U.S. stock index futures pointed to a lower Wall Street open on Thursday, ahead of a busy day for both quarterly earnings and economic data.
Even if Thursday's economic data comes up punk, markets may just write it off to bad weather.
Wal-Mart and Nordstrom report tomorrow. A crummy outlook may be priced into Wal-Mart.
Customer satisfaction with online shopping slipped 4.9 percent to a benchmark of 78, the lowest score since 2001.
With more storms coming, traders will be plowing through economic reports for the impact of winter weather on the economy and corporate profits.
Feb 12- Luxury clothing retailer Nicole Miller's chief executive, Bud Konheim, said Americans should stop complaining about poverty as it would be considered wealth in most other countries. Nicole Miller makes high-end fashion dresses for celebrities such as Angelica Huston, Beyoncé Knowles, Angelina Jolie and Brooke Shields.
Stay away from the retailers that blame their woes on winter weather, former Toys R Us CEO Gerald Storch says.
A new report finds that financial institutions are doing a much better job than retailers when it comes to credit card security.
Hudson's Bay says it will sell its flagship downtown Toronto store and neighboring office tower to commercial real estate owner Cadillac Fairview.
TORONTO, Jan 27- Hudson's Bay Co said on Monday that it will sell its flagship downtown Toronto store and neighboring office tower for C $650 million to commercial real estate heavyweight Cadillac Fairview Corp and open a full-line Saks store in the leased-back space.
TORONTO, Jan 27- Hudson's Bay Co said on Monday that it would sell its flagship downtown Toronto store and neighboring executive offices for C $650 million to Cadillac Fairview Corp and open a full-line Saks store in the leased-back space.
Without a complete reinvention, typical U.S. malls will be extinct within the next 10 to 15 years, real estate CEO Rick Caruso said.
Some of Wednesday's midday movers: