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JWN

Nordstrom

$31.73

-0.22 (-0.69%)

12:36
07/08/19
07/08
12:36
07/08/19
12:36

Nordstrom looks to hire nearly 1,200 employees for NYC flagship store

Nordstrom said it is looking to hire nearly 1,200 employees for its New York City flagship store, opening at 225 West 57th Street on October 24, 2019, steps away from Columbus Circle. Sales and support positions will be posted on Monday, July 8 and interested applicants are invited to apply for jobs online. Sales positions are available in all areas, including women's apparel, designer, shoes, beauty and the kid's department. Hiring will also take place for various support positions in alterations, building services, housekeeping, loss prevention, as well as jobs in the store's food and beverage offerings.

JWN Nordstrom
$31.73

-0.22 (-0.69%)

06/27/19
GSCO
06/27/19
DOWNGRADE
Target $30
GSCO
Sell
Goldman downgrades Nordstrom to Sell, cuts price target to $30 from $37
Goldman Sachs analyst Alexandra Walvis downgraded Nordstrom (JWN) to Sell from Neutral and lowered her price target for the shares to $30 from $37. The analyst is taking a "conservative stance" on the retail sector. The headwinds in Q2 have proven persistent, says the analyst, who sees risk that a second half of the year inflection in earnings growth may not materialize for many companies. Walvis recommends a selective approach in Apparel and prefers stocks with "clear" second half catalysts or strategic actions to drive momentum. She reiterates Buy ratings on both Under Armour (UAA) and Tapestry (TPR) and downgraded both Nordstrom and Ross Stores (ROST) to Sell. She believes Nordstrom's ongoing "comp headwinds" in full line and off price stores are compounded by its ongoing strategic investments and the opening of the company's flagship in New York City.
06/27/19
GSCO
06/27/19
DOWNGRADE
Target $91
GSCO
Sell
Goldman downgrades Ross Stores to Sell, cuts price target to $91 from $102
Goldman Sachs analyst Alexandra Walvis downgraded Ross Stores (ROST) to Sell from Neutral and lowered her price target for the shares to $91 from $102. The analyst is taking a "conservative stance" on the retail sector. The headwinds in Q2 have proven persistent, says the analyst, who sees risk that a second half of the year inflection in earnings growth may not materialize for many companies. Walvis recommends a selective approach in Apparel and prefers stocks with "clear" second half catalysts or strategic actions to drive momentum. She reiterates Buy ratings on both Under Armour (UAA) and Tapestry (TPR) and downgraded both Nordstrom (JWN) and Ross Stores to Sell. She believes the recent rally in Ross shares is overdone given the risks that recent execution challenges persist. Further, Walvis forecasts limited upside from the company's strategic initiatives.
06/27/19
06/27/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. FactSet (FDS) downgraded to Sell from Neutral at Goldman Sachs with analyst George Tong saying he believes FactSet faces "secular challenges" in the financial services end-market due to the implementation of MiFID II and the ongoing shift from active to passive asset management. 2. Travelers (TRV) downgraded to Sell from Hold at Deutsche Bank with analyst Joshua Shanker saying the commercial Property & Casualty sector is "largely overvalued" due to an intra-sector exodus from more rate-sensitive financials into P&C insurance stocks. 3. Sempra Energy (SRE) downgraded to Neutral from Buy at BofA/Merrill with analyst Julien Dumoulin-Smith citing share outperformance and moderating expectations on expedited CA legislation by the July 12 deadline combined with a potential credit downgrade. 4. W. R. Berkley (WRB) downgraded to Sell from Hold at Deutsche Bank with analyst Joshua Shanker saying investors are mistaking the appreciation in Property and Casualty insurance stocks as the "fruit of renewal rate pricing increases in the P&C market." 5. Ross Stores (ROST) and Nordstrom (JWN) downgraded to Sell from Neutral at Goldman Sachs. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/02/19
UBSW
07/02/19
DOWNGRADE
Target $33
UBSW
Neutral
Nordstrom downgraded to Neutral from Buy at UBS
UBS analyst Jay Sole downgraded Nordstrom to Neutral from Buy and lowered his price target for the shares to $33 from $65. The analyst says his firm's data shows that U.S. high income consumer spending outlook over the next 90 days has softened. Further, a new UBS Evidence Lab survey reveals Nordstrom's competitive positioning is weakening, Sole tells investors in a research note. As a result, the analyst thinks the company will be unable to beat consensus earnings expectations.

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Iberiabank

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0.8 (1.07%)

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SLB

Schlumberger

$38.78

0.15 (0.39%)

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HALO

Halozyme

$16.79

0.03 (0.18%)

, JNJ

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CLF

Cleveland-Cliffs

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-0.11 (-1.00%)

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KBR

KBR

$25.28

0.36 (1.44%)

07:01
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ROK

Rockwell Automation

$159.17

-0.78 (-0.49%)

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SXT

Sensient

$70.77

-0.48 (-0.67%)

07:00
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  • 19

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MSFT

Microsoft

$136.29

0.06 (0.04%)

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BLK

BlackRock

$474.98

4.06 (0.86%)

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MSFT

Microsoft

$136.29

0.06 (0.04%)

06:57
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CNK

Cinemark

$36.46

-1.31 (-3.47%)

06:57
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SXT

Sensient

$70.77

-0.48 (-0.67%)

06:56
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EYE

National Vision

$32.05

0.35 (1.10%)

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CRWD

Crowdstrike

$72.75

1.77 (2.49%)

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RDFN

Redfin

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-0.74 (-4.21%)

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LYB

LyondellBasell

$85.70

-0.03 (-0.03%)

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Zillow

$48.20

0.08 (0.17%)

06:51
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  • 07

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MSFT

Microsoft

$136.29

0.06 (0.04%)

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BLK

BlackRock

$474.98

4.06 (0.86%)

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ATHM

Autohome

$82.03

-0.91 (-1.10%)

06:48
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SLB

Schlumberger

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0.15 (0.39%)

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NWSA

News Corp.

$13.28

0.06 (0.45%)

06:47
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News Corp. rating change  »

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