Nordstrom shares are tumbling in the pre-open (down over 5% to 3-month lows) as the company temporarily suspends its explorations for going-private, citing “difficulties in obtaining debt financing.”
As Bloomberg reports, Nordstrom family plans to continue efforts after holiday season with management set to maintain focus on execution of business plan for year-end period.
And the result is the erasure of all post-rumor-gains and then some…
User rating: 0.00% ( 0 
The Complete List Of Wilshire 5000 Stocks
Future Market Returns = Dividend Yield + Earnings Growth +/- Change In P/E Ratio
USD/JPY Making A Bullish N Pattern Through Chuvashov Fork
Ebay Rises As Morgan Stanley Double Upgrades On Payments Shakeup
The Pension Crisis Gets A Catchy Name: “Silver Tsunami”
