Top Headline
Nordstrom JWN reported upbeat third-quarter net income.
Nordstrom's quarterly net income declined to $137 million, or $0.69 per share, from $146 million, or $0.71 per share, in the year-earlier period.
Its revenue climbed 3% to $2.88 billion from $2.81 billion, while revenue from stores open at least a year gained 0.1 percent. However, analysts were projecting earnings of $0.67 per share on revenue of $2.87 billion.
Equities Trading UPShares of Youku Tudou YOKU got a boost, shooting up 11.08 percent to $29.28 after the company reported a Q3 gross profit of RMB82.3 million (US$13.4 million).
Equities Trading DOWN
Shares of Tile Shop Holdings TTS were down 2.16 percent to $12.67. Citigroup downgraded Tile Shop from Buy to Neutral.
The Western Union Company WU was down, falling 5.26 percent to $16.53 after the company announced that Scott T. Scheirman , Executive Vice President and Chief Financial Officer, will be leaving the company.
CommoditiesSilver traded up 0.06 percent Friday to $20.74, while copper rose 0.30 percent to $3.18.
EurozoneEconomics
US import prices declined 0.7 percent in October, versus economists' expectations for a 0.5 percent fall. Export prices fell 0.5 percent in October.
Industrial production dropped 0.1 percent in October. However, economists were projecting no change in production.
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