What do you think about when you hear the word coma? A coma (say: KO-muh) can be difficult to understand, especially because people sometimes jokingly use the word coma to describe people who are sleeping deeply or not paying attention. But a coma is a serious condition that has nothing to do with sleep.
NEW YORK (TheStreet) -- Nordstrom (JWN) stock is rallying 6.22% to $79.58 in after-hours trading on Thursday after the department store chain posted strong second quarter 2015 earnings results that topped analysts' estimates. The company's revenue fell slightly short of estimates.
Because JPMorgan Chase bought Washington Mutual's assets for a low price, WaMu's stockholders were nearly wiped out. Its stock price dropped to $0.16 a share, far from $45 a share in 2007. In its Chapter 11 filing, WaMu listed assets of $33 billion and debt of $8 billion.