News briefs
June 28, 2012
By Tricia Carr
Citi downgrades Saks, Nordstrom and Macy’s
Shares of Saks Inc., Nordstrom Inc. and Macy Inc. were in retreat on Wall Street today after Citi equity analyst Deborah Weinswig downgraded the trio, predicting soft June comparable-store sales and weakness among high-end shoppers, according to WWD.
Click here to read the entire story on WWD
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