BUZZ-U.S. STOCKS ON THE MOVE-J.C. Penney, Nordstrom, Delek, Concordia

Fri Aug 12, 2016 2:10pm EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks were lower on Friday afternoon, a day after closing at record highs, as a set of tepid economic data dampened investor sentiment about the growth of the economy.

The Dow Jones Industrial Average was down 0.38 percent at 18,543.05, the S&P 500 was down 0.26 percent at 2,180.12 and the Nasdaq Composite was down 0.16 percent at 5,219.89.

** J.C. PENNEY COMPANY INC, $10.49, +5.53 pct

The operator of department stores said its quarterly loss more than halved as the company cut costs and benefited from higher sales of home goods and footwear as well as beauty products at Sephora outlets in its stores.

** NORDSTROM INC, $51.47, +8.22 pct

The department store operator's quarterly comparable store sales fell less than expected, building on buoyant reports from Macy's Inc and Kohl's Corp.

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