GameStop Corp

Traders work on the trading floor at the New York Stock Exchange (NYSE) below GameStop signage in New York, August 8, 2022.Andrew Kelly | ReutersGameStop fired its CEO Matthew Furlong and appointed its board chairman Ryan Cohen as executive chairman effective immediately, the company said Wednesday. Shares of GameStop dropped more than 20% in extended trading after the video game retailer announced the termination. It released the news on the same day it reported its revenue dropped and its loss narrowed in its fiscal…

Shoppers walk into a Nordstrom department store on March 03, 2023 in Austin, Texas. Brandon Bell | Getty ImagesNordstrom's fiscal first-quarter sales topped Wall Street's expectations on Wednesday, even as the retailer reported a spending drop and predicted slower sales in the coming months.The higher-end department store also reiterated its outlook for the full year. Nordstrom expects revenue to fall 4% to 6% and adjusted earnings per share to range between $1.80 and $2.20 for the fiscal year, excluding the impact of…

Signage outside a Nordstrom Rack retail store in New York, Aug. 25, 2022.Gabby Jones | Bloomberg | Getty ImagesShoppers are hungry for deals as they pay more for food and necessities. People are looking for clothes and accessories as they juggle parties, vacations and days at the office again.But that has not helped Nordstrom's off-price chain, Nordstrom Rack. The brand remains a weak spot in the overall Nordstrom portfolio, with sales totaling $4.81 billion in the most recent fiscal year, below pre-pandemic levels. In…

Tom Holland is Spider-Man in the Sony-Marvel film "Spider-Man: No Way Home."SonyLAS VEGAS — CinemaCon kicked off Monday with a major announcement from Sony Pictures — its upcoming "Kraven the Hunter" would mark the first R-rated Marvel film produced by the studio.The reveal came during the company's presentation at the annual convention for Hollywood studios and movie theater owners in Las Vegas, in which Sony unveiled new footage and trailers from its upcoming slate, including "Spider-Man: Across the Spider-Verse," "Gran…

Shoppers walk into a Nordstrom department store on March 03, 2023 in Austin, Texas. Brandon Bell | Getty ImagesNordstrom on Monday said it has tapped former Nike operating chief Eric Sprunk to join its board, as the company faces pressure from an activist investor.Nordstrom shares jumped about 4% on Monday.Sprunk, who was Nike's COO from 2013 to 2020, will join the board immediately, the company said. With the appointment, Nordstrom said its board will grow to 11 directors.In a news release, Nordstrom board member Brad…

A GameStop store operates in a strip mall on March 16, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesGameStop on Tuesday posted a quarterly profit for the first time in two years, finishing out the year on a high note after grappling with sales declines, inventory woes and cash flow pressure.Shares of the company jumped about 35% during after-hours trading.For the quarter ended Jan. 28, net sales dropped slightly to $2.23 billion from $2.25 billion in last year's fourth quarter. The video game retailer also posted a…

Miami, Florida, Coral Gables Shops at Merrick Park, Nordstrom Department Store with shopper entering. Jeff Greenberg | Universal Images Group | Getty ImagesNordstrom on Thursday reported lower sales and profits for the holiday quarter, although earnings topped Wall Street's expectations.The company said it expects sales to decline in the new fiscal year, reflecting in part its decision to wind down its Canadian operations."We entered Canada in 2014 with a plan to build and sustain a long-term business there. Despite our…

Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania.Mark Makela | Getty ImagesShares of Nordstrom surged Friday morning after activist investor and meme stock maven Ryan Cohen bought a major stake in the high-end department store company.The stock rose more than 20% Friday. Cohen is now one of Nordstrom's top five nonfamily shareholders and wants to use his new position to shake up the retailer's board, people familiar with the matter told CNBC. He's interested in…

GameStop Corp: "I like great American stories. I don't like that whole group."Netflix Inc: "You got the pain, you get the gain. Stick with it."DraftKings Inc: "Stock could come around, but it's got to be 50 states before we get there."Medtronic PLC: "Medtronic right now is not being run well. ... I want you to stay away from that."Jim Cramer's Guide to InvestingClick here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter. GameStop Corp: "I like great American…

The Chewy.com application is displayed in the on an Apple iPhone.Andrew Harrer | Bloomberg | Getty ImagesChewy, the e-commerce pet-goods giant best known for its convenient auto-ship services and generous return policies, wants to grow its veterinary telehealth service as part of an overall push into health care. While the telehealth service is a small part of the company's rapidly expanding health offerings, it is important to its strategy. Yet it also faces regulatory obstacles and skepticism from the veterinary…