Earnings roundup: Nordstrom, Blockbuster

By Associated Press May 15, 2008 Comments (0)

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Among the earnings stories for Thursday, May 15, from AP Financial News:

SEATTLE (AP) _ Luxury retailer Nordstrom Inc. said Thursday its profit fell 24 percent in the first quarter, as recession rumblings in the U.S. crimped even wealthier consumers' shopping habits.

DALLAS (AP) _ Blockbuster Inc. said Thursday it swung to a first-quarter profit on lower expenses and improved domestic sales, bolstering the movie rental company chairman's belief that a turnaround plan is working.

HOUSTON (AP) _ Business software company BMC Software Inc. said Thursday its fiscal fourth-quarter earnings rose 55 percent driven by licensing and professional services revenue growth.

ARLINGTON, Texas (AP) _ Tandy Brands Accessories Inc., which makes leather belts, wallets and handbags, on Thursday said it posted a wider loss in the third quarter, as revenue declined sharply amid the challenging retail environment.

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