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Nordstrom misses Street 3Q forecasts
2015-11-13 02:08:57| Apparel - Topix.net
Nordstrom shares plummeted more than 19 percent in late trading Thursday after the retail chain missed Wall Street earnings estimates and lowered its guidance for the year. The Seattle-based company blamed "softer sales trends," across all categories of merchandise, for a third-quarter performance that was "below company expectations."
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nordstrom
Tiffany Jewelry Comes 'Out of Retirement' at Dover Street Market
2015-11-12 18:29:18| Jewelry - Topix.net
For the first time ever, Tiffany & Co. is reintroducing some of its best jewelry styles that are no longer in production as part of a capsule collaboration.
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market
jewelry
retirement
Advance Auto Parts misses Street 3Q forecasts
2015-11-12 15:04:34| Auto Parts - Topix.net
On a per-share basis, the Roanoke, Virginia-based company said it had profit of $1.63. Earnings, adjusted for restructuring costs and amortization costs, came to $1.95 per share.
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street
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advance
The Wall Street Journal: United Technologies sets $6 billion accelerated buyback
2015-11-12 14:39:59| Paper - Topix.net
United Technologies Corp. has entered into accelerated share-buyback agreements with two banks to repurchase $6 billion of the company's common stock, according to a Securities and Exchange Commission filing Thursday. The maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment said Deutsche Bank AG and J.P. Morgan Chase & Co.
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Wall Street ends lower as oil and retailers weigh
2015-11-11 23:42:49| Chemicals - Topix.net
REUTERS: U.S. stocks finished lower on Wednesday after investors sold oil companies and dumped brick-and-mortar retailers after a disappointing forecast from Macy's. Energy stocks were bogged down by a more than 3 percent drop in oil prices to their lowest since mid-September on worries about growing U.S. stockpiles.
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