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Nordstrom Inc

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  • Nordstrom Shares Soar as Earnings Beat Estimates Monday, 19 Nov 2007 | 5:30 PM ET

    Upscale department store chain Nordstrom reported quarterly earnings that topped a lowered forecast it gave last month, sending its shares up more than 10 percent in extended trade.

  • HP, Nordstrom: Good News As They Beat Estimates Monday, 19 Nov 2007 | 4:45 PM ET

    At last, some good news after the bell! Hewlett Packard beat estimates and is up 2% (they also announced an $8 buyback), but even more important was Nordstrom. They beat earnings estimates by 7 cents and, more importantly, did not lower fourth quarter guidance AND guided 2008 above expectations.

  • The turkey’s not even in the oven, but the annual game of chicken has begun.  Consumers are waiting to see if retailers grow desperate and cut prices deeper than planned.

  • Holiday Retail Winners and Losers: A Preview Friday, 16 Nov 2007 | 3:27 PM ET
    Shoppers look at home theater televisions at the Best Buy store Monday, Sept. 11, 2006 in Richfield, Minn. Best Buy Co. Inc., the nation's largest consumer electronics retailer, said its second-quarter earnings rose 22 percent on a 13 percent increase in revenue. The results beat Wall Street expectations, but Best Buy left its full-year guidance unchanged. (AP Photo/Jim Mone)

    Electronics are in, women's clothes are out -- and leather handbags and jewelry are on the fence heading into next week's unofficial start to the 2007 holiday season. U.S. consumers are struggling with soaring fuel and food costs and the falling housing sector.

  • Sudden Death: Nordstrom, Sirius and More Tuesday, 13 Nov 2007 | 10:41 AM ET

    It's a booyah-free zone. There goes Swifty!Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Buy Tech, Sell Financial "Plan" Falling Apart Monday, 12 Nov 2007 | 4:37 PM ET

    The market is finishing at the lows, three of the last four days. A tough situation, since traders now get unnerved in the last hour, even if the trend is neutral going into the close (as it was today), or even if the trend is up (as it was on Friday, and stocks still fell apart in the last hour).

  • Traders Looking At Financials Again? Monday, 12 Nov 2007 | 2:00 PM ET

    Reversing the trade is the key story today: 1) The "buy tech, sell financials" trade--which has been astonishingly successful since July--is showing signs of unwinding as traders nibble on financials. 

  • Stocks fell for a second straight day, led by declines in the Nasdaq after tech bellwether Cisco Systems signaled the credit crisis was hurting demand from key customers, including banks.

  • Retail Sales Disappoint for Second-Straight Month Thursday, 8 Nov 2007 | 1:18 PM ET
    Holiday Shopper at Walmart

    Retailers posted a second-straight month of weak sales, as warmer-than-usual weather cooled demand for fall clothing and surging gasoline prices and a weak housing sector created a more cautious consumer.

  • Is Consumer OK? Wednesday, 7 Nov 2007 | 7:30 PM ET

    October sales figures from Nordstrom (JWN) and Target (TGT) hit the Street, Thursday. Not much is expected but will the retailers at least tell the market that the consumer is ok?

  • Market Story Today: Weak U.S. Dollar Tuesday, 6 Nov 2007 | 4:39 PM ET

    Market leaders like metal and energy and tech stocks got help from financials today--that hasnt happened in a long time. But the big story was the weak dollar, which helped push gold, silver, and oil to new highs. Commodity stocks like precious metals, steel, and iron ore also surged.

  • Retail Stocks: No Bottom In Sight Tuesday, 6 Nov 2007 | 1:26 PM ET

    With retail stocks down 11% year to date, you would think some would be out looking to call a bottom, but bearishness remains very high among retail analysts. Morgan Stanley very typical of that mood this morning, was out with a long note on retailers called "Not Too Hot, Not Too Cold, Just Wrong."

  • Stocks Shake Off "Blues" To Move Higher Tuesday, 6 Nov 2007 | 9:56 AM ET

    Stocks are firming after the last few anxious sessions though the U.S. dollar has moved to a new low, oil is back on the rise and gold is at a 28-year high. The ever sunny Google is hitting a new high before the opening bell after Sanford C. Bernstein upped its target on the stock to $850 from $720.

  • Target Is Right On for Retail Tuesday, 30 Oct 2007 | 12:06 PM ET

    If you're going to play the sector, you might as well go with best of breed.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Retail Is Right Tuesday, 30 Oct 2007 | 12:02 PM ET

    Thanks to the coming Fed rate cut. Here's how to play it.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • “Power Lunch” is at the Mall of America outside Minneapolis/St. Paul, to look at alternative energy and consumer activity -- and a surprise definition for "retail stocks." Here's what some of the guests on the program are saying.

  • Stocks End Lower Amid Selloff in Tech Stocks Thursday, 11 Oct 2007 | 5:42 PM ET

    After hitting record intraday highs, stocks closed lower led by a selloff in tech shares. "We've certainly had a good run in the market and it's been driven by momentum and not necessarily valuation,"  said John Massey, portfolio manager at AIG SunAmerica Asset Management.

  • Same Store Sales: Why Numbers Are So Bad Thursday, 11 Oct 2007 | 3:19 PM ET

    Bloodletting was the term one source used. Bad and weak were the most common and perhaps the most descriptive term was anemic. I am referring, of course, to September's same store sales results. Wall street knew that September's sales would be soft but what the Street didn't know was how widespread the results would be.

  • Retail "Food Fight" Eating Up Stocks? Thursday, 11 Oct 2007 | 11:18 AM ET

    A real food fight breaking out over the September retail sales numbers. No hiding the facts: they were below expectations, which had already been lowered. Men's Warehouse, American Eagle, Target, Limited, Nordstrom, JC Penney lowered earnings; Kohl's said earnings would be at the low end of the range.

  • Retailer's Surprise: Lower Guidance Thursday, 11 Oct 2007 | 9:46 AM ET

    September comparable retail sales were generally lower than expected, even after numbers were lowered in the last week. Apparel companies like Limited, Chico's, Abercrombie, Gap and Limited missed, but so did Target, as did the department stores like Saks and Nordstrom.