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…
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…
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…
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 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…
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…
(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…
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 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…
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…
