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Nordstrom Inc (JWN)

JWN on New York Consolidated

47.23USD
24 Apr 2017
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Mon, Mar 27 2017

BRIEF-The Black Tux announces exclusive retail partnership with Nordstrom

* The Black Tux announces an exclusive retail partnership with Nordstrom Source text for Eikon: Further company coverage:

Fitch Rates Nordstrom's Senior Unsecured Notes 'BBB+'

(The following statement was released by the rating agency) NEW YORK, March 07 (Fitch) Fitch Ratings has assigned a 'BBB+' rating to Nordstrom, Inc.'s new 4.00% $350 million senior unsecured notes due March 2027. The proceeds from these notes, as well as proceeds from an add-on of $300 million to the existing 5.00% senior unsecured notes outstanding due 2044, will be used to repay or retire all $650 million aggregate principal amount of outstanding 6.25% senior unsecured notes due January 2

Lower inventories help Kohl's, Nordstrom top profit estimates

Department store operators Kohl's Corp and Nordstrom Inc followed larger rival Macy's Inc in reporting a better-than-expected profit for the holiday quarter as lower inventories helped the retailers avoid deep discounting.

BRIEF-Nordstrom reports Q4 EPS $1.15

* Nordstrom fourth quarter and fiscal 2016 earnings exceeded expectations

UPDATE 4-Lower inventories help Kohl's, Nordstrom top profit estimates

* Kohl's sees FY comp sales flat to down 2 pct (Adds Nordstrom's results, updates shares)

BRIEF-Nordstrom on conf call- FY forecast assumes continuation of negative trends in full-line stores offset by upsize online growth

* On conf call- "early in the year our team took aggressive steps to realign inventory in response to changes in customer demand"

Nordstrom's quarterly sales rise 2.4 pct

Feb 23 Nordstrom Inc reported a 2.4 percent rise in quarterly sales as the apparel retailer's off-price stores attracted more customers, sending its shares up 3.6 percent in extended trading on Thursday.

BRIEF-NORDSTROM ANNOUNCES RETIREMENT OF ENRIQUE HERNANDEZ, JR., FROM BOARD OF DIRECTORS

* ANNOUNCES RETIREMENT OF ENRIQUE HERNANDEZ, JR., FROM BOARD OF DIRECTORS Source text for Eikon: Further company coverage:

BRIEF-Nordstrom board authorizes $500 mln share repurchase program

* Nordstrom board of directors authorizes $500 million share repurchase program and approves quarterly dividend

Defections by Sears, Kmart cap week of controversy for Trump brands

Trump-branded consumer products have suffered new blows, with U.S. retailers Sears Holdings Corp and Kmart Corp discontinuing online sales of 31 Trump Home items, while new details emerged showing sales of Ivanka Trump's brand fell in the weeks before Nordstrom Inc stopped carrying her products. | Video

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