Moody’s lowers Nordstrom outlook to negative from stable

SAN FRANCSICO (MarketWatch) — Moody’s Investors Service said late Thursday that it lowered the ratings outlook on Nordstrom Inc.’s to negative from stable because of a drop in third-quarter same-store sales. Moody’s has a Baa1 senior unsecured rating and a Prime-2 commercial paper rating on Nordstrom.
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Original post by Forextvblog

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