BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'Stocks Buy'. (Return)

The Motley FoolJan 16, 2019
3 Stocks the World's Best Investors Are Buying Right Now
Do what seasoned investors do and buy the dips.

MarketWatch MarketPulseJan 16, 2019
Nordstrom downgraded at Goldman Sachs as full-price same-store sales decelerate, shares tumble 8%
Goldman Sachs downgraded Nordstrom Inc. to neutral from buy as same-store sales growth on full-priced merchandise decelerates. Goldman has a $50 price target on Nordstrom stock. The downgrade follows the luxury retailer's holiday season sales announcement, which shows full-price same-store sales increased 0.3% compared with 1.9% growth for the third-quarter year-to-date. Nordstrom said full-price sales were below expectations. "Following two releases in which full-price comps have disappointed versus our expectations, we have fading confidence in the outlook for the core department store business, and see choppy gross margins as likely offsetting good news on costs as the company cycles generational investments," Goldman analysts led by Alexandra Walvis wrote in a note. The news follows disappointing results from retailers including Macy's Inc. . Nordstrom shares have sunk 8.4% in Wednesday premarket trading, and are down 24.5% over the past three months. The S&P 500 index has lost 7.1% in the last three months.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


TRENDING TAGS
Brexitvote defeat Deal Theresa Pound
Shutdowngovernment White House Delta Trump
ChinaStocks stimulus Brexit Huawei founder
earningsGoldman Q4 bank STOCKS open
DealBrexit vote Theresa defeat UK
Trumpwall shutdown Burger King Donald
stockChina earnings higher Bank Brexit
StocksChina Brexit higher earnings Bank
YearSnap CFO less profit one
Goldmanearnings Sachs beat higher Bank

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2019 CEOExpress Company LLC