Nordstrom (JWN) Declares $4.85 Special Dividend; Approves $1B Buyback
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Brean Capital reiterates Hold on Nordstrom (JWN) Following Completion on Credit Card Receivables Sale
October 2, 2015 11:02 AM EDTBrean Capital reiterated a Hold rating on Nordstrom (NYSE: JWN) following the announced completion of its credit card receivables sale to TD Bank. The company plans to return excess capital to shareholders.
Analyst Tom Forte commented, "After the market close on Thursday,... More
Cowen Remains Bullish on Nordstrom (JWN) Following Announced Credit Card Sale Completion
October 2, 2015 7:37 AM EDTCowen reiterated an Outperform rating and $85.00 price target on Nordstrom (NYSE: JWN) following the announced completion of its credit card sale. JWN intends to deploy the net proceeds to shareholders announcing a special dividend of $4.85 payable on Oct. 27th to shareholders of... More
