Neiman Marcus Files for IPO

The parent company of iconic upscale Neiman Marcus retail stores Tuesday filed plans for an initial public stock offering. In a prospectus filed with the Securities and Exchange Commission, the Dallas-based Neiman Marcus Group said it would seek to become publicly traded this year on an as yet undisclosed U.S. financial exchange under the ticker symbol NMG. The IPO filing didn't state the proposed maximum aggregate offering price, instead using a placeholder estimate of $100 million that could be amended later. The prospectus also didn't identify underwriters for the proposed deal.