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Nordstrom 4Q Earnings Top Estimates

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  • Description

    FBN’s Shibani Joshi breaks down Nordstrom’s fourth-quarter earnings results.

  • Duration 0:55
  • Date

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Street -- an outlet mixed fourth quarter results earnings for the upscale department started an accident like six cents and a dollar forty here.

Revenues slightly lower than expectations so it at three point six billion dollars.

And the Securities and Exchange Commission is -- latest battleground over whether corporations must make additional disclosure is.

A political contributions.

Our own Charlie Gasparino is reporting that the SEC.

Is -- to decide on a new rule forcing corporations to further disclosed political contributions to groups like the US chamber of commerce.

The SEC tells Gasparino it has received close to 500.

Thousand letters from -- Advocacy groups and union organizations.

Which ties to the Obama administration calling for increased disclosure and that is the latest in the -- this -- network giving you the tower to prospect.

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