This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Earnings Roundup: Nordstrom, Blockbuster

Among the earnings stories for Thursday, Nov. 12, from AP Financial News:

SEATTLE (AP) ¿ Department store operator Nordstrom Inc. said that its profit rose 17 percent in the third quarter even though its costs were higher than expected as shoppers began spending more.

DALLAS (AP) ¿ Struggling movie rental retailer Blockbuster Inc. said that its third-quarter loss surged more than fivefold as more consumers rented movies by mail or through competitors' vending kiosks instead of driving to its stores.

NEW YORK (AP) ¿ Shoppers' focus on staples such as socks and underwear is driving murky holiday outlooks at Wal-Mart and Kohl's, even as both posted higher third-quarter earnings.

LOS ANGELES (AP) ¿ The Walt Disney Co. posted a surprise 18 percent increase in fourth-quarter earnings in a sign the company is beginning to emerge from an advertising market hit hard by the recession.

NEW YORK (AP) ¿ Oil shipper Knightsbridge Tankers Ltd. said that profit fell in the third quarter as charter rates for its carriers declined.

NEW YORK (AP) ¿ BCE Inc., Canada's largest telecommunications company, said its third-quarter profit more than doubled, helped by lower restructuring costs and taxes.

MINNEAPOLIS (AP) ¿ Shares of Alliant Techsystems Inc. rose modestly after it said its fiscal second-quarter profit climbed 18 percent, helped by stronger sales of ammunition for security forces in Afghanistan.

BETHESDA, Md. (AP) ¿ Satellite phone company Iridium Communications Inc. posted a profit of $15 million for its latest quarter, down 11 percent from a year ago.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,912.11 -70.48 -0.42%
S&P 500 1,969.95 -8.96 -0.45%
NASDAQ 4,442.6980 -2.2110 -0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs