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Bloomberg: Morning Analyst Calls

Stock news and reports from Wall Street including upgrades, downgrades and market reactions.

© 2008 Bloomberg LP • Podcast home page

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Nordstrom Cut to `Neutral' at Merrill on Deteriorating Margins

Date: 08/15/2008
Length: 00:02:55

Aug. 15 (Bloomberg) -- Nordstrom Inc., the U.S. department-store chain with 105 locations, was cut to ``neutral'' at Merrill Lynch & Co. on expectations of ``continued margin erosion.'' Included are analysts' calls for Genentech Inc., Johnson & Johnson, Citigroup Inc., Goldman Sachs Group Inc., Choice Hotels International Inc., Orient-Express Hotels Ltd., Cameco Corp. and SunPower Corp.

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