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Nordstrom Stock Sinks Late After Rejecting Nordstrom Family Bid [Investor's Business Daily]

MACY'S (M)  More Company Research Source: Investors Business Daily
Last macy's earnings: 8/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
PDF Related news 3:00 AM ET A Relative Strength Rating upgrade for Nordstrom shows improving technical performance. Nordstrom Drops Despite Solid Holiday Sales Kohl's Tops But Shares Pressured; Nordstrom Sinks Late On Earnings TJX Hikes Dividend 25%, Plans Big Buyback After Q4 Beats Macy's Clears Key Benchmark, Hitting 80-Plus RS Rating Macy's Stock Soars After Q4 Earnings, Comp Sales Beat; Outlook Strong Carter's Stock Plunges Below Key Support Level On Weak Guidance Tech Stocks Under Selling Pressure, But Apple Reaches A New High Macy's Jumps On Solid Holiday Sales Nordstrom ( JWN ) shares are sliding late Monday after a special committee of the board of directors said that it has rejected a buyout bid by the Nordstrom family, calling the price "inadequate." The special committee said it will end discussions with the family group "unless the Group can promptly and substantially improve the price it is proposing to pay for the Company." No [Read more]

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