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Nordstrom profit beats Wall Street, helped by discount stores

March 2, 2019 admin 0

To ward off attempts by online retailers to capture its high-end shoppers, the Seattle-based retailer has invested in its website, apps and a loyalty program, while also building out its Nordstrom Rack stores that sell […]

Earnings

Dell beats revenue estimates in first report as public company

March 1, 2019 admin 0

Client Solutions Group segment revenue rose 4 percent to $10.9 billion. The unit holds its desktop PCs, notebooks and tablets, as well as branded peripherals business. Excluding some items, Dell expects full-year 2020 revenue between […]

Earnings

Marriott’s revenue, full-year forecast miss estimates on weak demand

March 1, 2019 admin 0

The hotel operator’s worldwide RevPAR growth of 1.3 percent in the fourth quarter missed analysts’ expectations of 2.04 percent. RevPAR is calculated by multiplying a hotel’s average daily room rate by its occupancy rate. The […]

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  • Columbia Sportswear and Hanesbrands are under the radar retail stocks to buy
  • Here are the winners and losers from the first quarter of 2019
  • 5 places to retire where you can feel rich, yet live on a budget
  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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