U.S. stocks closed narrowly mixed, with stocks near recent highs, as lackluster economic data and oil concerns weighed on investor sentiment.» Read More
Kohl's Corp. rose $2.11 or 2.9 percent, to $73.80. Macy's Inc. rose$. 14 or. 2 percent, to $63.72. Nordstrom fell$. 42 or. 5 percent, to $80.43.
DETAILS: Cosco Home& Office Products 3- in-1 convertible aluminum hand trucks with model numbers 12-301 ABL and 12-301 ABL1. They were manufactured from January 2009 to October 2011. They were sold at Ace Hardware, Costco Wholesale Club, Lowe's, Price Mart and United Stationers and online at The Home Depot.com from March 2009 to October 2011.
Kohl's Corp. rose $2.27 or 3.2 percent, to $73.96. Macy's Inc. fell$. 19 or. 3 percent, to $63.40. Nordstrom fell$. 07 or. 1 percent, to $80.78.
Kohl's Corp. rose $1.60 or 2.2 percent, to $73.29. Macy's Inc. rose$. 02 or percent, to $63.60. Nordstrom rose$. 07 or. 1 percent, to $80.92.
NEW YORK— In a story Feb. 27 about Sears Holdings Corp., The Associated Press reported erroneously that Chief Financial Officer Rob Schriesheim said in a statement that the actions Sears took in 2014— such as store closures and inventory reduction— generated $2.3 billion in liquidity. Sears says the actions that generated that cash included: the spinoff of Lands'...
Kohl's Corp. rose$. 79 or 1.1 percent, to $71.69. Nordstrom fell$. 34 or. 4 percent, to $80.85. J.C. Penney Co. rose$. 13 or 1.4 percent, to $9.12.
Feb 26- Department store chain J.C. Penney Co Inc reported a lower-than-expected quarterly adjusted profit as it discounted more during the holiday season and invested in store expansions. J.C. Penney posted a loss of $59 million, or 19 cents per share, in the fourth quarter ended Jan. 31, compared with a profit of $35 million, or 11 cents per share, a year earlier.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. SeaWorld Entertainment Inc., down $1.18 to $19.17. Salesforce.com Inc., up $7.37 to $70.24.
Kohl's Corp. rose$. 60 or. 8 percent, to $71.50. Macy's Inc. fell$. 56 or. 9 percent, to $63.02. Nordstrom fell$. 01 or percent, to $81.18.
*Salesforce.com climbs after results, outlook. NEW YORK, Feb 26- U.S. stocks held near the unchanged mark on Thursday in the wake of a mixed bag of economic data, with the Dow and S&P 500 holding just off record highs while the Nasdaq advanced modestly. The market is "just digesting what we have already received and waiting for what is coming next week to find a better...
The owner of the Sears and Kmart chains also said it expected to raise at least $2 billion by June from a previously announced plan to spin off some stores to a property trust. But investors were worried about Sears' cash balance, which had more than halved to $250 million from a year earlier, according to Brian Sozzi, head of Belus Capital Advisors.
Kohl's Corp. fell$. 03 or percent, to $70.87. Macy's Inc. fell$. 16 or. 3 percent, to $63.42. Nordstrom fell$. 30 or. 4 percent, to $80.89.
The company, which owns the Sears and Kmart chains, said net loss attributable to shareholders was $159 million, or $1.50 a share, in the quarter ended Jan. 31, against a loss of $358 million, or $3.37 a share, a year earlier. Once the largest U.S. retailer by revenue, Sears has seen sales drop due to stiff competition from Target Corp, Wal-Mart Stores Inc and Home Depot Inc..
NEW YORK— Sears recorded its fourth straight year of falling profit and revenue, even as cost cutting and store closures helped narrow its loss for the fourth quarter. Lampert, a billionaire hedge fund manager, combined Sears and Kmart in 2005, about two years after he helped bring Kmart out of bankruptcy. To try to get back on track, Sears has shifted its focus from...
Sears, owner of Sears department stores and the Kmart discount chain, reported its 11th straight quarterly loss as sales continued to tumble.
Feb 26- Sears Holdings Corp, owner of Sears department stores and the Kmart discount chain, reported its 11th straight quarterly loss as sales continued to tumble. The net loss attributable to Sears narrowed to $159 million, or $1.50 per share, in the quarter ended Jan. 31, from $358 million, or $3.37 per share, a year earlier. Sears, controlled by hedge fund manager...
Retail: good or bad news?
Kohl's Corp. rose $1.07 or 1.5 percent, to $71.04. Macy's Inc. rose $1.73 or 2.8 percent, to $63.83. Nordstrom rose $1.25 or 1.6 percent, to $81.44.
Kohl's Corp. rose$. 46 or. 7 percent, to $70.43. Macy's Inc. rose $1.14 or 1.8 percent, to $63.24. Nordstrom rose$. 42 or. 5 percent, to $80.61.
An earnings call with Target's chief financial officer John Mulligan announced changes in the week to come.