This Afternoon's Top News Stories
Here's a quick look at a few of the headlines making news this afternoon. Of course, the Fed announcement was stealing the show.
Nordstrom goes north
Calgary will be the first city in Canada to have a Nordstrom (NYS: JWN) store, according to a report in the Calgary Herald today. The 140,000-square-foot store in Calgary's Chinook Centre is scheduled to open in the fall of 2014, according to the report, with Canadian locations also slated for Vancouver, Ottawa, and Toronto. Three of the locations will take over what are now Sears Canada stores and the one in Toronto will be newly built, according to the Calgary Herald. "It's exciting to finally have this opportunity to better serve our Canadian customers closer to home and we can't wait to open our doors," said Erik Nordstrom, president of stores for Nordstrom, which is based in Seattle.
United Technologies ready to spend again
United Technologies (NYS: UTX) plans to resume stock buybacks next year, according to a MarketWatch report. CEO Louis Chenevert said the company plans at least $1 billion in stock buybacks and that he would like to spend double that, or more, according to the report. The company had halted buybacks while it acquired Goodrich Corp.
Greek workers angry
Public and private workers in Greece are preparing for a 24-hour strike later this month to protest austerity measures, Reuters reports today. The work stoppage, called for Sept. 26, would be the first major nationwide strike since elections in June, according to Reuters. EU Finance ministers are meeting in Cyprus tomorrow.
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