Nordstrom (JWN) Tops Q1 EPS by 7c, Revenue Beats; Boosts FY18 EPS Mid-Point Guidance Above Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
J.C. Penney (JCP), Nordstrom (JWN), Others on Watch After Macy's (M) Q1 Comps Tops Consensus at 4.2% vs 1%
May 16, 2018 8:04 AM EDTJ.C. Penney (NYSE: JCP), Nordstrom (NYSE: JWN) were in focus Wednesday after Macy's (NYSE: M) reported Q1 comps on an owned plus licensed basis that tops consensus at 4.2% vs 1% expected.
Other retailers like Target (NYSE: TGT) and Kohl's Corp. (NYSE: KSS) also gained
... MoreWall St. gains as small-cap Russell 2000 hits record
May 16, 2018 7:57 AM EDTBy Stephen Culp
(Reuters) - Retail and technology stocks led Wall Street higher on Wednesday and the small-cap Russell 2000 hit a record peak, even as a rise in U.S. bond yields to an almost seven-year high suggested more competition for equities and investors fretted over geopolitics.
Smaller companies continued this year's trend of outperforming their larger rivals with the Russell 2000 reaching a record high. The index ended up 1 percent.
"Small caps present a cleaner play than large caps on two fundamental market drivers: lower corporate taxes and a stronger US economy," research firm DataTrek wrote in its... More
Einhorn's Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more...) - 13F
May 15, 2018 4:09 PM EDTDavid Einhorn's Greenlight Capital released its 13F for the quarter ended 3/31/18. Below is a summary.
New Stakes
ABERCROMBIE & FITCH CO. (NYSE: ANF) new 212,500 share position
BLOOMIN BRANDS (NASDAQ: BLMN) new 218,000 share position
IAC (NASDAQ: IAC) new 249,700 share position
OFFICE DEPOT, Inc. (NASDAQ: ODP) new 2,100,000 share position
PayPal (NASDAQ: PYPL) new 67,000 share position
SPROUTS... More
