Nordstrom stressed progress it’s made by clearing through inventory and reducing markdowns.
Schlagwort-Archiv: Markets
Chinese tech giant Baidu’s shares rise 2% after revenue beat
Chinese tech giant Baidu reported third-quarter revenue that beat expectations, although growth was slower than during the previous three months.
Plaid taps Adyen executive to lead its European operations
U.S. financial technology firm Plaid has hired Brian Dammeir, a former Adyen executive, as its new head of Europe, the company told CNBC exclusively.
China’s property sector needs more government support as crisis deepens
China’s property market, which makes up a substantial chunk of the country’s economy, needs more government support to prevent further deterioration, analysts said.
Most Americans tip 15% or less at a restaurant — and some tip nothing, poll finds
Traditional etiquette is to tip 15% to 20% for a sit-down meal. Many Americans seem to disagree.
Abercrombie & Fitch raises outlook after quarterly sales surge 20%
Abercrombie & Fitch, known for its „quiet luxury“ assortment, blew past estimates again and raised its full-year guidance.
Best Buy cuts sales forecast, as holiday shoppers hunt for deals
Best Buy beat Wall Street’s earnings expectations, but cut is full-year sales outlook as it prepares for cost-conscious holiday shoppers.
Dick’s Sporting Goods shares jump after retailer hikes outlook as it bounces back from theft woes
Dick’s Sporting Goods posted earnings and sales that beat Wall Street’s estimates after its stock plummeted in the prior quarter over theft concerns.
Lowe’s cuts sales outlook as homeowners take on fewer projects; shares slide
Lowe’s cut its full-year sales and earnings outlook as it said homeowners were taking on fewer do-it-yourself projects.
Chinese tech giant Baidu’s shares rise 2% after revenue beat
Chinese tech giant Baidu reported third-quarter revenue that beat expectations, although growth was slower than during the previous three months.