Lowe’s Cuts Full-Year Outlook as Earnings Fall Short of Expectations

lowes-logoHome improvement warehouse operator Lowe's Companies, Inc.(NYSE:LOW) posted weak Q2 results this morning and cut its full-year earnings forecast, sending its shares more than 5% lower in early trading.
NYSE:LOW August 17, 2016 8:11am

Analyst Gets Ultra Bullish on Home Depot & Lowe’s; Take Advantage of Early Home Remodeling Cycle

home-remodelAnalysts at Stifel Nicolaus put out a very bullish call on America's two biggest home improvement warehouse operators, noting they believe we're still only in the middle innings of a recovery in home remodeling projects.
NYSE:HD August 2, 2016 11:46am

How Will The Release Of HARP 2.0 Impact The Housing Market; Which Stocks To Play? (XLF, FAS, BAC, C, WFC, JPM)

David Oldenburg: There is a lot riding on the release of HARP 2.0, with over 12 millions home owners upside-down, strategic foreclosures the new in thing and buyers with no compelling reason to buy. I have been in the mortgage and real estate industry as an active producer and CEO for 20 years, have hosted
NYSE:FAS November 15, 2011 3:15pm

A Bottom In Housing And The Homebuilders ETF (XHB) May Be Here

"Whether you want to believe it or not, more indicators pop up each week that point to improvements in the housing market. Either we're at the bottom now, or we will be soon. First, the
NYSE:XHB May 13, 2010 4:57pm

Stocks Rally On Building Data

lowesImproved builder sentiment, Lowe's earnings re-start U.S. markets. Analyst Bove thinks bank could triple; . Bank stocks jumped ahead of the market on Monday but you haven't missed the real rally yet, according to one well-known analyst. Richard Bove, of Rochdale Research, thinks bank stocks could triple from current levels as the industry, bolstered by government aid and flush with new capital, returns to basic lending practices in time for an economic rebound. First quarter profits fell by nearly a quarter at Lowe's but investors cheered an improved forecast for the year. The second-largest home improvement chain in the U.S. earned 32 cents a share, down from 41 cents last year, while analysts had expected 25 cents. Lowe's shares gained $1.49, or 8.1%, to $19.94. New home construction figures are due out tomorrow The SPDR KBW Bank ETF advanced $1.21, or 6.6%, to $19.51 on Monday. Rising stocks sank the SPDR Gold Trust, an ETF that buys gold, by $1.19, or 1.3%, to $90.36. Full Story: http://www.forbes.com/2009/05/18/briefing-americas-closer-markets-equities-lowes.html
NYSE:GLD May 18, 2009 4:47pm

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