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Nordstrom Stock Price and Research (NYSE: JWN)

Nordstrom (NYSE: JWN) is a $9 billion company today. Investors that bought shares one year ago are sitting on a 0.43% total return. That’s below the S&P 500’s return of 15.7%.

Nordstrom stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

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✗ Earnings-per-Share (EPS) Growth: Nordstrom reported a recent EPS growth rate of -23.08%. That’s below the …read more […]

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Supreme Court makes sports betting a possibility nationwide

The Supreme Court on Monday gave its go-ahead for states to allow gambling on sports across the nation, striking down a federal law that barred betting on football, basketball, baseball and other sports in most states. The justices voted 6-3 to strike down the Professional and Amateur Sports Protection Act, a 1992 law that forbade state-authorized sports gambling with some exceptions. Many states have hoped their cut of legalized sports gambling could help solve budget problems. …read more […]

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NXP shares jump after report China resumes Qualcomm deal review

China’s commerce ministry has been asked to speed up the review of the deal and Qualcomm’s proposed remedies to protect local companies, Bloomberg reported https://bloom.bg/2KWlf2q, citing people familiar with the matter. The report said local firms are concerned that the deal would extend Qualcomm’s patent licensing business into areas such as mobile payments and autonomous driving. Shares of Qualcomm rose as much as 4.7 percent in early trading. …read more […]

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The “Blue Zone” of Financial Well-Being

In my last column, I discussed Dan Buettner’s inspiring new book, The Blue Zones of Happiness: Lessons from the World’s Happiest People.

Dan – a National Geographic fellow – has spent years studying the habits of the world’s happiest people, and he provides wonderful suggestions about how to tweak your own life to make it more satisfying.

And while money isn’t always the answer, it certainly doesn’t hurt.

In a recent Gallup-Sharecare study, nearly 90% of people who were managing their finances well said their relationships with their spouses or partners were strong.

Yet when finances were cited as a sore point in the …read more […]

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Aurora to buy MedReleaf for $2.5 bln in biggest ever pot deal

Aurora Cannabis Inc will buy rival MedReleaf Corp for C$3.2 billion ($2.51 billion) in the biggest deal yet to unify major Canadian pot growers, as the country moves toward legalizing marijuana for recreational use. Canada’s relaxed regulations, a mature industry and free-flowing capital have offered firms a unique opportunity to advance research without the legal and political risks that bog down growers in the United States and elsewhere. Canadian regulators have granted over 70 firms licenses to produce and sell medical marijuana, with more than half granted in 2017 …read more […]

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2020 Ford Shelby GT500 spy video reveals automatic tranmission

The Ford Shelby GT500 is coming soon, and its 700 horsepower V8 should give the Dodge Challenger SRT Hellcat and Chevy Camaro ZL1 a run for their money. Details beyond a vague horsepower rating remain scarce, but we do have a few batches of spy photos to pull from. Thanks to our trusty spy photographers, we now have a short video of a prototype with a mean idle and shifts from a automatic transmission. …read more […]

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Trump, aides celebrate Jerusalem embassy, as border burns

Amid deadly clashes along the Israeli-Palestinian border, President Donald Trump declared Monday a “great day” for Israel as his top aides celebrated the opening of the new U.S. Embassy in Jerusalem as a campaign promised fulfilled. Trump’s daughter Ivanka and son-in-law Jared Kushner, along with Treasury Secretary Steve Mnuchin, led the U.S. delegation with a single message: Only Trump had the courage to act on what America has wanted for a long time. Because when President Trump makes a promise, he keeps it,” Kushner said. …read more […]

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Sears forms committee for sale of Kenmore, home improvement unit

Billionaire investor Eddie Lampert had last month asked the company’s board to sell these assets, adding that his hedge fund ESL Investments Inc would bid in any sale. ESL had bid $500 million for the home improvement and parts direct and said it planned to table a bid for Kenmore and the chain’s real estate assets. Lampert, who is also the Chief Executive Officer of the company, had said he would excuse himself from any discussions or decisions for any potential transaction involving ESL as a buyer. …read more […]