Company News for August 13, 2010

• Nordstrom (NYSE:JWN - Analyst Report) last night posted inline second quarter earnings of 66 cents a share, on a 12.7% revenue climb to $2.4 billion, slightly below Zacks estimates of $2.5 billion

• Autodesk (NASDAQ:ADSK - Analyst Report) reported earnings of 36 cents for the second quarter, 16 cents above Zacks estimates on a 14% revenue gain to $473 million

• NVIDIA (NASDAQ:NVDA - Analyst Report) reported lower-than-anticipated second quarter earnings of 3 cents, an 8-cent miss, on revenue of $811 million, that missed Zacks estimates of $838 million

• IBM (NYSE:IBM - Analyst Report) and Unica (NASDAQ:UNCA) announced a definitive agreement for IBM to purchase Unica for $21 per share, in a deal worth about $480 million

• JCPenney (NYSE:JCP - Analyst Report) posted adjusted results of 20 cents for the second quarter, on a 1% comparable sales gain to $3.938 billion. The firm lowered full-year guidance to $1.40-$1.50 per shares from earlier projection of $1.64, citing a "conservative approach to the second half of the year in what continues to be an uncertain consumer climate

Read the full analyst report on JWN

Read the full analyst report on ADSK

Read the full analyst report on NVDA

Read the full analyst report on IBM

Read the full analyst report on UNCA

Read the full analyst report on JCP