Lowe's – News Stories About Lowe's - Page 2

Aug 22, 2009 7:26 AM CDT

DIY Projects Go Frugal

(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...

Dow Up 235 on Housing Hopes

MARKETS

May 18, 2009 3:11 PM CDT

Dow Up 235 on Housing Hopes

(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...

Stocks Start
Week on
Rebound

MARKET Open

May 18, 2009 8:49 AM CDT

Stocks Start Week on Rebound

(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...

Stocks Drop on Citi,
Retail Woes

MARKET Open

Nov 17, 2008 8:49 AM CST

Stocks Drop on Citi, Retail Woes

(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...

Riding Mowers
Sputter With
US Economy

Jul 19, 2008 7:06 PM CDT

Riding Mowers Sputter With US Economy

Housing downturn, gas prices bode ill for icon

(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 lawnmower...

Dour Housing Market Slams Home Depot Q4 Results

Feb 26, 2008 8:23 AM CST

Dour Housing Market Slams Home Depot Q4 Results

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

(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...

Blue Chips Hop Slightly on Fed Confidence

Aug 20, 2007 5:05 PM CDT

Blue Chips Hop Slightly on Fed Confidence

Treasury yields crash as winners prevail for third straight day

(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...