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Melania Trump in hospital for treatment of kidney condition

Melania Trump underwent a procedure Monday morning to treat a benign kidney condition and will likely be hospitalized for the rest of the week, the White House said. President Donald Trump was expected to visit his wife at Walter Reed Medical Center just outside Washington later Monday, according to a White House official who was not authorized to disclose the plan and spoke to The Associated Press on condition of anonymity. The White House did not offer any additional details on Mrs. Trump’s condition. …read more […]

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Business News

U.S. small caps near record highs, outperform larger rivals

SAN FRANCISCO (Reuters) – Wall Street’s modestly-sized publicly listed companies are beating out the heavyweights. The Russell 2000 , which tracks U.S. small capitalization companies, on Monday slipped 0.2 percent, but earlier in the session rose to within less than two points of its previous record high of 1,615.5 points.

…read more […]

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Trading Ideas

Trial delayed in Giants, Eli Manning memorabilia fraud case

A trial has been delayed in a lawsuit accusing New York Giants quarterback Eli Manning of selling bogus “game-worn” equipment to unsuspecting collectors as part of a long-running scam. Manning and Giants co-owner John Mara are on a list of potential witnesses for the trial. Manning and the team have denied the claims and have characterized lead plaintiff Eric Inselberg as a scam artist who sold fake memorabilia himself over a span of several years. …read more […]

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Trading Ideas

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 […]