Cowen Remains Bullish on Nordstrom (JWN) Following Announced Credit Card Sale Completion
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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
After Hours Stocks Movers 10/01: (BEBE) (MU) (CAMP) Higher; (PRGS) (GMCR) (O) (more...)
October 1, 2015 6:09 PM EDTProgress Software (NASDAQ: PRGS) 14.8% LOWER; reported Q3 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $100.7 million versus the consensus estimate of $104.29 million. Progress Software sees FY2015 EPS of $1.51-$1.55, versus prior guidance of $1.45-$1.52 and the consensus of $1.49. Progress Software sees FY2015 revenue of $410-415 million, versus prior guidance of $415-425 million and the consensus of $420.8 million.
bebe stores (NASDAQ: BEBE) 12.7% HIGHER; announced that, as a result of the Companys focus on more streamlined... More
Nordstrom (JWN) Declares $4.85 Special Dividend; Approves $1B Buyback
October 1, 2015 4:26 PM EDTNordstrom (NYSE: JWN) declared a special dividend of $4.85 per share.
The dividend will be payable on October 27, 2015, to stockholders of record on October 12, 2015, with an ex-dividend date of October 7, 2015.
The annual yield on the dividend is 6.8 percent.
Nordstrom, Inc. (NYSE:JWN) today announced the closing of its... More
