8:54am ET
Retail
Sears Holdings Makes 52-Week Low
Sears Holdings (SHLD) was supposed to be the next Berkshire Hathaway. It does not seem to be working out that way. After a poor earnings performance and rough same-store sales, SHLD hit…
Companies
/Consumer Cyclical
Lowe`s Cos. Inc
$196.82
▲ $0.23 (+0.12%) today
Markets closed · 7:03pm ET
LOW Coverage
Page 396:59am ET
Housing
UBS Starts Coverage of Homebuilders (BZH, CTX, DHI, HOV, KBH, MTH, PHM, RYL, SPF, LEN, LOW)
Lennar posted earnings and as expected these were just ugly. The loss was $3.25 per share after charges, although this includes charges of $3.33 per share. Revenues were $2.34 Billion. Lennar’s home…
3:08am ET
Media
Media Digest 9/25/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Microsoft (MSFT) launched its Halo 3 game which is essential to driving Xbox sales. Reuters writes that the UAW struck GM (GM) as contract negotiations failed. Reuters reportst that…
4:43pm ET
Retail
Lowe’s (LOW) Cuts Forecasts To The Bone
Lowe’s (LOW) management must not have wanted the Target (TGT) people to feel all alone when they cut their same-store sales forecasts. Lowe’s chopped its earnings estimate after the market closed. The…
4:38pm ET
Retail
Target (TGT) Cuts Way Back
Target’s (TGT) forecasts for September were off, way off. Instead of a 4% to 6% increase in same store sales, the big retailer is giving out a number of 1.5% to 2.0%.…
Douglas A. McIntyre 6:55am ET
Retail
Lowe’s Needs More Stores
A recent survey showed that home improvement customers like Lowe’s (LOW) better than Home Depot (HD) when it comes to including product selection and customer service, according to the Dow Jones News…
10:01am ET
Investing
Home Depot And Lowe’s Pick Up Larger Short Interest
The August short interest numbers show that Home Depot (HD) and Lowe’s (LOW) had spikes in shares sold short. At HD that number hit 61.8 million, up 20.8 million. At LOW the…
7:03am ET
Investing
Pre-Market Stock News (August 20, 2007)
(AXP) American Express is selling its private banking unit.(CFC) Countrywide is laying off loan originators and support staff as applications are down and to cut costs.(CHINA) CDC Corp. announced a $225 million…
6:55am ET
Retail
Lowe’s Beats, Up In Pre-Market
Lowe’s (LOW) beat Wall St. forecasts and is trading up over 5% in the pre-market. LOW reported net earnings of $1.02 billion for the quarter ended August 3, 2007, a 9.0 percent…
Douglas A. McIntyre 1:13pm ET
Housing
Lowe’s, Praying For Hurricane Dean To Head North Ahead of Earnings (LOW, HD)
Lowe’s Companies (NYSE:LOW) reports earnings on Monday and First Call estimates put earnings at $0.61 EPS on revenues of $14.1 Billion. Estimates for the following quarter are $0.47 EPS on revenues of…
3:49pm ET
Industrials
Warren Buffett Rides More Railroads (BNI, NSC, UNP), Plus Other Holdings
This is an edited version of the first story to run an expanded list. Last month we all found out that Warren Buffett’s Berkshire Hathaway decided to take a ride on the…