Street Insider: Nordstrom Declares $4.85 Special Dividend; Approves $1B Buyback

Nordstrom, Inc. has announced the closing of its credit card transaction with TD Bank U.S.A., N.A., including the sale of its credit card portfolio and the initiation of the long-term agreement under which TD is the exclusive U.S. issuer of Nordstrom-branded Visa and private label consumer credit cards. Read more at Street Insider.