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Stock Market & Financial Investment News

News Breaks
November 12, 2012
08:25 EDTLOWRONA has not received any proposal from Lowe's
RONA inc., the largest distributor and retailer of hardware, home renovation and gardening products in Canada, categorically denies reports published in the daily newspaper La Presse on Nov. 10, suggesting that it has received an offer from U.S.-based Lowe's Companies. RONA has not received any proposal of any kind from Lowe's and there have been no discussions between the two companies on this subject. RONA adds that its policy is not to comment on rumors.
News For LOW From The Last 14 Days
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November 20, 2014
07:47 EDTLOWLowe's price target raised to $70 from $65 at UBS
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07:27 EDTLOWLowe's price target raised to $66 from $58 at RBC Capital
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November 19, 2014
12:46 EDTLOWOn The Fly: Midday Wrap
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12:13 EDTLOWLowe's gaps up, runs higher, after results
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11:44 EDTLOW Lowe’s hits 52-week high after Q3 results beat estimates, boosting forecast
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10:35 EDTLOWLowe's upgraded to Hold from Sell at Canaccord
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09:58 EDTLOWLowe's says 'impressed' with results thus far in Q4
Says sees "more balanced" performance in November vs. last year.
09:47 EDTLOWLowe's sees FY gross margin consistent with to-date gross margin
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09:24 EDTLOWLowe's sees FY share repurchases $3.7B
Says "cautiously optimistic" about home improvement landscape. Says seeing a rise in big-ticket projects, says trend is "encouraging." Says homeowner desire to invest in homes the highest since 2006. Says consumers being helped by lower fuel prices, interest rates. Sees FY effective tax rate 37.2%. Sees FY free cash flow $3.2B. Says will use capital to invest in business, pay dividends, repurchase shares. Sees FY share repurchases $3.7B. Comments made on the Q3 earnings conference call. Lowe's shares are up 4.82% in pre-market trading.
09:16 EDTLOWOn The Fly: Pre-market Movers
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08:20 EDTLOWLowe's shares should trade higher following Q3 results, says RW Baird
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06:22 EDTLOWLowe's up 2% following Q3 results
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06:05 EDTLOWLowe's sees FY14 EPS about $2.68, consensus $2.63
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06:04 EDTLOWLowe's reports Q3 EPS 59c, consensus 58c
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November 18, 2014
15:44 EDTLOWLowe's November 57 straddle priced for 4.2% move into Q3
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15:21 EDTLOWNotable companies reporting before tomorrow's open
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12:47 EDTLOWEarnings Preview: Lowe's shares up over 15% since last earnings report
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10:02 EDTLOWLowe's names McCanless general counsel, Chief Compliance Officer
Lowe's Companies (LOW) announced that Ross W. "Bill" McCanless will be joining the company as general counsel, secretary and chief compliance officer, effective January 12, 2015. McCanless will replace Gaither M. Keener, who announced plans to retire from the company following 30 years of service. McCanless is returning to Lowe's top legal role, a position he held from 2003 to 2006, after serving as chief legal officer, general counsel and secretary for Extended Stay America (STAY) and ESH Hospitality
07:33 EDTLOWLowe's November volatility elevated into Q3 and outlook
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November 17, 2014
07:54 EDTLOWLowe's price target raised to $68 from $60 at RW Baird
Baird raised its price target on Lowe's to $68 from $60 citing the company's firming sales, solid comps, and operational improvements. Baird reiterated its Outperform rating on Lowe's, which is scheduled to release its Q3 results on November 19.
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