Moody’s lowers Nordstrom outlook to negative from stable
Moody’s lowers Nordstrom outlook to negative from stable November 20th, 2008 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. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com f
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