Outlook roundup: Nordstrom, Kohl's

SEATTLE (AP)--Luxury retailer Nordstrom Inc. on Wednesday cut its third-quarter guidance after posting a larger-than-expected drop in September same-store sales.

MENOMONEE FALLS, Wis. (AP)--Department store operator Kohl's Corp. lowered expectations for its third-quarter earnings on Wednesday after reporting that same-store sales dropped during the month of September.

PITTSBURGH (AP)--Equitable Resources Inc. said Wednesday it plans to reduce capital spending in 2009 compared with an estimated $1.4 billion in 2008 due to market conditions.

ALVIN, Texas (AP)--Team Inc., which maintains industrial equipment, late Tuesday backed its fiscal 2009 profit prediction after posting a 41 percent jump in first-quarter profit.