Nordstrom Nearing a Deal to Go Private

With Nordstrom Inc. (ticker: JWN) stock now down more than 30 percent in the past three years, the Nordstrom family may be taking its ball and going home. On Tuesday, CNBC reported the Nordstrom family, which owns 31.2 percent of the company they founded, is on the brink of a deal with private equity firm Leonard Green &…

Hurricanes Leave Cruise Industry in Limbo

Cruise stock investors are monitoring Hurricane Irma and Hurricane Jose closely to determine just how much of an impact the two storms could have on revenues and profits. A handful of cruises have already been canceled during what is typically one of the busiest times of the year in the cruise industry.

Insurance Companies Brace for Hurricane Irma

The latest projections show Hurricane Irma on track to make landfall in or near Miami on Sunday morning. Irma’s impressive strength and projected path have investors looking back to Hurricane Andrew in 1992 for any indication of how the storm could impact the stock market, particularly when it comes to insurance stocks.