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Stock Market & Financial Investment News

News Breaks
February 14, 2013
07:52 EDTJWNNordstrom March volatility flat into Q4 results and outlook
Nordstrom March call option implied volatility is at 26, April and July is at 22; compared to its 26-week average of 26 according to Track Data, suggesting decreasing price movement after the expected release of Q4 results on February 21.
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September 4, 2014
09:01 EDTJWNNordstrom board authorizes $1B share repurchase program
Nordstrom announced that its board of directors has authorized a repurchase program of up to $1B of the company’s outstanding common stock, through March 1, 2016. The company intends to fund the repurchase program from existing cash on hand. The actual number and timing of share repurchases, if any, will be subject to market conditions and applicable Securities and Exchange Commission rules. This program is in addition to the company’s existing repurchase program that was approved by the board in February 2013. The existing repurchase program has $323Mn outstanding as of September 3, 2014, and will expire on March 1, 2015.
September 3, 2014
07:05 EDTJWNNordstrom in talks to be early merchant partner with Apple, Bank Innovation says
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