UBS Raises price Target on Nordstrom (JWN) to $64 Following 3Q EPS Beat

Pre-Open Stock Movers 11/11: (PTCT) (NVDA) (TTD) Higher; (PLAB) (JCP) (DDS) Lower (more...)

Today's Pre-Open Stock Movers

PTC Therapeutics (NASDAQ: PTCT) 81% HIGHER;... More

Nordstrom (JWN) PT Lifted to $63 at Cowen; Focus on Prioritizing

Cowen analyst Oliver Chen reiterated an Outperform rating and raised its price target on Nordstrom (NYSE: JWN) to $64.00 (from $55.00) following results.

Chen commented, "We like JWNs Focus on Prioritizing: limited distribution brands, a best in class human service experience, and a seamless digital +... More

Nordstrom (JWN) PT Bumped to $62 at Stifel Following Strong Quarter

Stifel analyst Richard Jaffe reiterated a Buy rating and raised his price target on Nordstrom (NYSE: JWN) to $62.00 (from $58.00) following strong quarterly results.

Jaffe commented, "JWN reported solid 3Q results, well above our estimate and consensus, primarily due to better margins and lower expenses than we... More

Options with increasing put volume on November 10; GSAT EMB NAVI ITUB AZN USMV JWN

Options with increasing put volume on November 10; GSAT EMB NAVI ITUB AZN USMV JWN

After-Hours Stock Movers 11/10: (NVDA) (TTD) (JWN) Higher; (PLAB) (AMDA) (DDS) Lower (more...)

Today's After-Hours Movers

Photronics, Inc. (NASDAQ: PLAB) 19% LOWER; now expects fourth quarter sales to be approximately $107 million, and diluted earnings per share (EPS) to be in the range of $0.02 to $0.03. These expectations compare with the previously announced guidance range of $118 to $128 million in sales and diluted EPS of $0.09 to $0.17. The consensus is $123.4 million and $0.13.

NVIDIA (NASDAQ: NVDA) 15.6% HIGHER; reported Q3 EPS of $0.94, $0.37 better than the analyst estimate of $0.57. Revenue for the quarter came in at $2 billion versus the consensus... More

Nordstrom (JWN) Tops Q3 EPS by 33c, Raises FY Guidance

Nordstrom (NYSE: JWN) reported Q3 EPS of $0.84, $0.33 better than the analyst estimate of $0.51. Revenue for the quarter came in at $3.54 billion versus the consensus estimate of $3.48 billion. Comps increased 2.4%.

GUIDANCE:

Nordstrom sees FY2016 EPS of $2.85-$2.95, versus prior guidance of $2.60-$2.75... More

Nordstrom (JWN) November volatility at 72 into Q3 and outlook

Nordstrom (NYSE: JWN) November call option implied volatility is at 72, December is at 42; compared to its 52-week range of 27 to 59. Call put ratio is 1 call to 1 put.

Department store shares get a boost from upbeat Macy's and Kohl's

By Siddharth Cavale and Gayathree Ganesan

(Reuters) - Macy's Inc (NYSE: M) and Kohl's Corp (NYSE: KSS) struck an optimistic note going into the holiday shopping season, giving a rare boost to shares of department store operators, which have struggled to grow in the face of intense competition from online retailers.

Macy's Inc (NYSE: M) shares were up 6.8 percent and Kohl's 13.4 percent after upbeat comments that accompanied their otherwise lackluster quarterly results on Thursday.

Shares of... More

Trump bets blast Dow to new high, bank sector hits 2008 levels

By Noel Randewich

(Reuters) - U.S. banking sector shares on Thursday surged to levels not seen since the midst of the 2008 financial crisis, pushing the Dow to an all-time high, while technology shares sank as Wall Street rearranged its bets to benefit from Donald Trump's presidency.

The S&P 500 financial sector surged 3.70 percent to its highest since the 2008 financial crisis, bringing its gain since Trump's surprise victory in Tuesday's election to 7.9 percent, its biggest two-day gain since 2011.

Shares of Wells Fargo & Co (NYSE: WFC) jumped 7.58 percent... More