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Stock Market & Financial Investment News

News Breaks
July 10, 2014
06:48 EDTLOW, LL, HD, TSCOHome Depot, Lowe's estimates lowered at Deutsche Bank
Deutsche Bank lowered its estimates for both Home Depot (HD) and Lowe's (LOW) after Tractor Supply (TSCO) and Lumber Liquidators (LL) preannounced Q2 comp misses. The firm says that while the business models are different, Tractor Supply and Lumber Liquidators have historically correlated positively with Home Depot and Lowe's on comps. Deutsche calls its negative earnings revisions "relatively minor," as it thinks comps are probably holding up better at Home Depot and Lowe's. It keeps a Buy rating on Home Depot and a Hold rating on Lowe's.
News For HD;LOW;TSCO;LL From The Last 14 Days
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September 1, 2015
07:02 EDTLOWAlliance Data business signs agreement with Lowe's Canada
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August 31, 2015
07:34 EDTTSCOTractor Supply volatility a buying opportunity, says Baird
Baird said the recent volatility in Tractor Supply shares has provided an opportunity for investors to gain or enhance exposure to the stock. The firm believes the company is uniquely durable and competitively advantaged and it remains the most dependable supplier of needs-based products to people living the rural lifestyle. Baird reiterated its Outperform rating and $107 price target on Tractor Supply shares.
August 27, 2015
12:07 EDTLLLumber Liquidators November and January puts active
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August 24, 2015
16:51 EDTLOWLowe's files automatic mixed securities shelf
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16:07 EDTHDHome Depot completes acquisition of Interline Brands
The Home Depot (HD) announced it has completed its $1.625B acquisition of Interline Brands (IBI), a leading national distributor and direct marketer of broad-line maintenance, repair and operations products. The agreement to acquire Interline was previously announced on July 22.
07:49 EDTLOWLowe's share gains accelerating, says Deutsche Bank
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