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MarketFoolery

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MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 8 June 2017

⏱️ 26 minutes

🧾️ Download transcript

Summary

While the former FBI director is busy across the Potomac River from Fool HQ, the News Fairy brought reports of Nordstrom contemplating private life. Motley Fool Funds portfolio manager Bill Barker analyzes Nordstrom’s fate, as well as the latest quarterly reports from Vail Resorts and JM Smucker. (Tangents include “Ghostbusters”, kitty litter, and the Pillsbury Doughboy.)

Transcript

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0:00.0

It's Thursday, June 8th, welcome to market foolery.

0:04.5

I'm Chris Hill joining me in studio today from Motley Fool Funds.

0:07.5

Bill Barker.

0:09.5

Welcome to Comi Free Radio.

0:12.0

The only place it's Comomi Free Radio.

0:15.0

The only place it's Komi Free today. I think we are the only place that is Komi.

0:17.0

And now it's not free of Komi, you've ruined it, for everybody.

0:20.0

We're just letting people know, like, oh, I wonder if they're going to talk about Komi.

0:24.0

No, we're not.

0:25.0

No, we're going to talk about not talking about him.

0:27.3

Exactly.

0:28.3

We're going to talk about the latest earnings from Vale Resorts, J.M. Smucker.

0:34.1

We got to start with the news fairy, though.

0:36.3

The news fairy dropped off a little something

0:38.4

in the form of Nordstrom shares up more than 10% today on the reports that the Nordstrom family is basically

0:46.4

sick and tired of the public markets and are considering taking the company

0:50.4

private which good for them because if I I don't know how many people are in the Nordstrom family, how many

0:58.6

people have a seat at the table, but if I were one of the cousins or brothers or whatever I would absolutely be saying you know what let's get out of here

1:06.2

Let's how much money do we need to raise?

1:09.5

Let's figure that out and let's become private.

1:12.8

Let's take our ball and go home.

1:14.2

Exactly.

...

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