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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: Lowe's

Lowe's stories: 7 news summaries

 DIY Projects Go Frugal 


Aug 22, 09 7:26 AM CDT
(Newser) - With the five-figure granite-countertopped kitchen overhaul now an emblem of prerecession excess, home-improvement chains are seeking a new niche for themselves in more frugal times, the New York Times reports. DIY projects these days have shifted from upgrades to maintenance—consumers won't redo the bathroom but will fix the leaky... More »

MORE ABOUT:
home improvement • recession • Home Depot • Lowe's

MARKETS

 Dow Up 235 on Housing Hopes 


May 18, 09 3:11 PM CDT
(Newser) - Markets rose significantly today on indications of a turnaround in the housing sector, the Wall Street Journal reports, with an industry confidence metric at its highest since September 2008. Financials—Bank of America was up 9.8%—led the S&P to a symbolic close above 900. The Dow was... More »

MORE ABOUT:
NASDAQ • Bank of America • Dow Jones • recession • Home Depot • Lowe's • housing industry • financial sector • S&P 500

MARKET Open

 Stocks Start 
 Week on 
 Rebound 


May 18, 09 8:49 AM CDT
(Newser) - Stocks headed higher at today’s open, following a week of profit-taking that left the Dow and S&P down 3.6% and 5% respectively. The Dow was up 107 points, while the Nasdaq added 1.2% and the S&P 1.4%, including a 3% surge in financials. Lowe's... More »

MORE ABOUT:
stock market • Dow Jones • Nasdaq • Lowe's • Bombay Sensex • financial sector • S&P 500

MARKET Open

 Stocks Drop on Citi,
 Retail Woes 


Nov 17, 08 8:49 AM CST
(Newser) - Stocks slid at the open, as Citigroup slashed jobs and retailers reported yet more disappointing results. The Dow lost 160 points, while the S&P and Nasdaq dropped 1.8% and 1.5% respectively. Among the big drops were Target and Lowe’s, which each took a 24% hit to... More »

MORE ABOUT:
stock market • NASDAQ • Citigroup • Dow Jones • earnings reports • Lowe's • third quarter earnings • Target • S&P 500

 Riding Mowers
 Sputter With
 US Economy 

Housing downturn, gas prices bode ill for icon

Jul 19, 08 7:06 PM CDT
(Newser) - Once a symbol of American prosperity, the riding lawnmower is running out of gas, the Washington Post reports. The whole business “is deeply troubled by the decline in housing starts,” said one industry group spokesman. Rising oil prices have also pummeled demand. But what’s really turning... More »

MORE ABOUT:
gas prices • Lowe's • housing crisis • economy • suburban lawn

Dour Housing Market Slams Home Depot Q4 Results

Profits drop 27%, and the company says 2008 isn't looking very bright

Feb 26, 08 8:23 AM CST
(Newser) - Continuing US housing market woes, showing no signs of letting up, helped drag Home Depot’s fourth quarter profits down 27% over the same quarter last year, to $671 million from $925 million. The world’s largest home-improvement retailer also predicted fiscal-year earnings will drop 19% to 24%, more than... More »

MORE ABOUT:
home improvement • housing market • construction • corporate earnings • Home Depot • Robert Nardelli • Lowe's • retail sales • housing crisis

Blue Chips Hop Slightly on Fed Confidence

Treasury yields crash
as winners prevail for third straight day

Aug 20, 07 5:05 PM CDT
(Newser) - The Dow was up 42.27 to close at 13,121.35, as winners outnumbered losers about 7 to 6—the third straight positive day on Wall Street. But short-term treasury yields plummeted as speculation increased that the Fed will cut the benchmark rate at its next meeting. Volume on... More »

MORE ABOUT:
NASDAQ • Dow Jones • stocks • Lowe's • Freeport McMoRan • S&P 500

7 Stories


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