Want to join the conversation?
Fashion retailer $JWN posted lower net earnings during 2Q16 mainly due to lower gross profit and higher expenses. Net income was $117MM or $0.67 diluted EPS vs. $211MM or $1.09 diluted EPS in 2Q15. Total revenue fell 0.2% to $3.6Bil vs. 2Q15, hurt by lower net sales in its Nordstrom brand, including US & Canada full-line stores and Nordstrom.com.
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.