Lowe’s Improves, Shares Rising
ThinkstockLowe’s Companies Inc. (NYSE: LOW) reported third-quarter 2012 diluted earnings per share (EPS) of $0.35 and $12.1 billion in revenues before markets opened this morning. In the same period a year ago,…
ThinkstockLowe’s Companies Inc. (NYSE: LOW) reported third-quarter 2012 diluted earnings per share (EPS) of $0.35 and $12.1 billion in revenues before markets opened this morning. In the same period a year ago,…
U.S. equity markets opened flat this morning following not much in the way of data from either Asia or Europe. In Europe, German Chancellor Angela Merkel wants the European Central Bank to…
Wikimedia CommonsThe Home Depot Inc. (NYSE: HD) reported third-quarter adjusted diluted earnings per share (EPS) of $0.74 and $18.1 billion in revenues before markets opened this morning. In the same period a…
thinkstockRegulators could fine Barclays PLC (NYSE: BCS) $470 million for manipulating California’s energy market, according to an investigation by the Federal Energy Regulatory Commission. (Reuters) Sony Corp. (NYSE: SNE) says it had…
When Katrina devastated much of the Gulf coast and crushed New Orleans, several economists said the effects would hurt national gross domestic product. Economic activity in the region would slow, in some…
Virtually every publicly traded homebuilder stock has posted a new 52-week high in the last month and many now trade above their consensus target prices even though they have come off those…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Monday. Alliant Techsystems (NYSE: ATK) raised to Outperform at FBR Capital…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Friday. Alpha Natural Resources Inc. (NYSE: ANR) cut to Neutral at…
In its report today on September retail sales, Target Corp. (NYSE: TGT) announced that beginning in January 2013, the company would no longer report monthly sales figures, including same-store sales: This decision…
Home improvement chain Lowe’s Companies Inc. (NYSE: LOW) this morning announced that it had dropped its hostile attempt to acquire Canadian home improvement retailer Rona Inc. Lowe’s had offered CDN$14.50 per share…
Share prices for homebuilders’ stocks began rising at the beginning of the year and all but two of the homebuilders we looked at in our value search have doubled share prices in…
The three major US stock indexes opened lower this morning following a negative reaction by a government official to a weekend report that Germany would support a sovereign bond-buying plan for the…
Lowe’s Companies Inc. (NYSE: LOW) reported second-quarter earnings per share (EPS) of $0.64 and $14.25 billion in sales before markets opened this morning. In the same period a year ago, the home…
The three major US stock indexes opened higher this morning after the news that German chancellor Angela Merkel said Germany would support European Central Bank sovereign bond buying. Unfortunately she doesn’t have…
Wal-Mart Stores Inc. (NYSE: WMT), CVS Caremark Corp. (NYSE: CVS), 7-Eleven Inc., Sunoco Inc. (NYSE: SUN) and other well-known retailers are expected to announce that they have banded together to develop a…