US stocks open mixed at beginning of the week – The Washington Post
On the 15th, Nordstrom reported earnings per diluted share of $0.72 for the first quarter ended May 3, 2014, which exceeded the Companys prior outlook of $0.60 to $0.70. The Company continued its progress in executing its customer strategy while maintaining disciplined execution around inventory and expenses. Nordstrom is one of the leading fashion specialty retailers based in the U.S. Founded in 1901 as a shoe store in Seattle, Nordstrom operates 270 stores in 36 states, including 117 full-line stores, 150 Nordstrom Racks, two Jeffrey boutiques and one clearance store.
US STOCKS-S&P 500 and Nasdaq gain, but investors cautious
stocks edged higher in morning trading Wednesday as investors digested news on a possible merger between AT&T and DirecTV, the latest in a recent crop of M&A deals. PHOTOS: Best news photos of the week of May 4, 2014 KEEPING SCORE: The Standard & Poors 500 index rose six points, or 0.3 percent, to 1,883 as of 11:19 a.m. Eastern Time. The Dow Jones home page industrial average gained 28 points, or 0.2 percent, to 16,519.
Markets gripped by merger mania – May. 19, 2014
The small-cap Russell 2000 index was up 0.7 percent after three straight declines. The index has several times approached correction territory, a decline of 10 percent from a recent high, only to bounce back slightly. Investors’ defensive posture has been reflected by a sector rotation into utilities, telecoms and energy, which have outperformed the broader S&P 500 over the past three months. Campbell Soup Co fell 2.9 percent to $43.81 and ranked as the S&P 500’s worst performer.
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Hottest Utilities Stocks Now – CWT OKS UNS CIG | InvestorPlace
Ameren Corp ( AEE ): AEE stock is down 1.7% today. Public Service Enterprise Group Inc ( PEG ): PEG stock is down 1.7%, marking the third consecutive day the stock has decreased. For more information on the best stocks to buy right now, check out the latest commentary on InvestorPlace.com . And for more on the hot stocks moving most on Wall Street right now, check out our archive of daily market movers by sector here .