Kohl's Corp. fell$. 45 or. 9 percent, to $51.58. Macy's Inc. rose$. 79 or 1.6 percent, to $48.67. Nordstrom fell$. 45 or. 7 percent, to $60.68.
Kohl's Corp. fell$. 06 or. 1 percent, to $51.97. Macy's Inc. rose$. 47 or 1.0 percent, to $48.35. Nordstrom fell$. 49 or. 8 percent, to $60.64.
NEW YORK-- An analyst said Friday that he's not surprised that Wal-Mart's first-quarter performance was weak, given conditions such as an increased payroll tax and unseasonably cool weather. Thursday Wal-Mart Stores Inc. reported that its first-quarter profit edged up just slightly.
Kohl's Corp. fell$. 39 or. 7 percent, to $51.64. Macy's Inc. rose$. 06 or. 1 percent, to $47.94. Nordstrom fell $1.39 or 2.3 percent, to $59.74.
May 16- J.C. Penney Co Inc Chief Executive Myron Ullman told Wall Street on Thursday that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer.
Kohl's Corp. rose $2.35 or 4.7 percent, to $52.03. Macy's Inc. fell$. 69 or 1.4 percent, to $47.88. Nordstrom fell$. 31 or. 5 percent, to $61.13.
May 16- Retailer J.C. Penney Co Inc's operating margins plunged in the first quarter on weak sales and heavy clearance deals, as its new chief executive promised more promotions and a return to basics to win back shoppers.
May 16- Nordstrom Inc on Thursday reported lower-than-expected sales and profit for the first quarter, citing weak business in early winter, and lowered its full-year sales forecast, sending shares down 3.9 percent in after-hours trading.
Kohl's Corp. rose $2.11 or 4.2 percent, to $51.79. Macy's Inc. fell$. 59 or 1.2 percent, to $47.98. Nordstrom rose$. 07 or. 1 percent, to $61.51.
*Profit of $1.14 per share misses Wall Street view $1.15. *Second-quarter profit forecast below Wall Street view.
Kohl's Corp. rose $2.59 or 5.2 percent, to $52.27. Macy's Inc. fell$. 26 or. 5 percent, to $48.31. J.C. Penney Co. fell$. 26 or 1.4 percent, to $18.71.
May 16- Kohl's Corp on Thursday said it expects sales to pick up in the current quarter, and the retailer reported a better-than-expected first-quarter profit, helped by cost-cutting, sending its shares up 7 percent in trading before the bell.
Kohl's Corp. rose$. 49 or 1.0 percent, to $49.68. Macy's Inc. rose $1.18 or 2.5 percent, to $48.57. Nordstrom rose$. 20 or. 3 percent, to $61.44.
Among the earnings stories for Wednesday, May 15, from AP Business News:. _ Macy's Inc. said that it earned $217 million, or 55 cents per share, in the quarter ended May 4, up from $181 million, or 43 cents per share, a year ago. Analysts expected earnings per share of 53 cents on revenue of $6.4 billion.
Kohl's Corp. rose$. 43 or. 9 percent, to $49.62. Macy's Inc. rose $1.26 or 2.7 percent, to $48.65. Nordstrom rose$. 33 or. 5 percent, to $61.57.