New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 22, 2013
10:23 EDTLOWEarnings Preview: Lowe's backs FY12 EPS view $1.64, flat revenue
Lowe's Companies (LOW), a home improvement retailer, is scheduled to report Q4 before the market open on Monday, February 25, with a conference call scheduled for 9:00 am ET... EXPECTATIONS: Analysts are looking for EPS of 23c on revenue of $10.83B, according to First Call. The consensus range for EPS is 20c-28c on revenue of $10.64B-$11.2B... LAST QUARTER: Lowe's reported Q3 EPS of 35c including charges against estimates for 35c on revenue of $12.1B against estimates for $11.91B. Q3 results included charges related to long-lived asset impairments, discontinued projects, and a change in the discount rate applied to self-insurance claims which, in the aggregate, reduced pre-tax earnings for Q3 by $85M and diluted EPS by 5c. In December, the company backed its FY12 EPS view of $1.64 against estimates for $1.72 and its revenue view of approximately flat against estimates of $50.3B. The company also reiterated its FY12 same-store sales view of a 1% increase. On its analyst and investor call, the company said it was encouraged by recent trends in new and existing home sales and said it saw expansion opportunities in Mexico and Australia. During the quarter, Lowe's named Michael A. Jones as Chief Merchandising Officer... STREET RESEARCH: Stifel Nicolaus recently downgraded Lowe's to Hold from Buy as the firm thinks there's a growing chance that the housing recovery is slowing. Canaccord also downgraded Lowe's to Sell from Hold based on aggressive financial targets, a counterproductive management realignment, lack of traction in store resets, and continued e-commerce investments... PRICE ACTION: Over the last three months, Lowe's shares are up about 10%. Year-to-date, shares are up over 7%.
News For LOW From The Last 14 Days
Check below for free stories on LOW the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 25, 2014
09:29 EDTLOWSynchrony Financial signs multi-year agreement with Lowe's
Synchrony Financial (SYF) has signed a multi-year agreement with Lowe’s (LOW) to continue providing financing programs for commercial and consumer customers through the home improvement retailer’s more than 1,800 stores and Lowes.com.
August 21, 2014
07:29 EDTLOWLowe's price target raised to $60 from $57 at RW Baird
Subscribe for More Information
07:20 EDTLOWLowe's to continue to benefit from favorable trends, says BofA/Merrill
Subscribe for More Information
August 20, 2014
12:37 EDTLOWOn The Fly: Midday Wrap
Subscribe for More Information
09:52 EDTLOWLowe's says not commenting on Brazil rumors
Focusing on improving U.S. operations, other international markets.
09:51 EDTLOWLowe's says still stands by 2015 outlook previously provided
Subscribe for More Information
09:45 EDTLOWLowe's says plan for 2H sales remains the same
Subscribe for More Information
09:20 EDTLOWLowe's says SSS up 4.7% in May, 4.6% in June, 3.7% in July
Subscribe for More Information
09:07 EDTLOWOn The Fly: Pre-market Movers
UP AFTER EARNINGS: PetSmart (PETM), up 2,1%... Staples (SPLS), up 2%... E-House (EJ), up 2.5%. HIGHER: Fairchild (FCS), up 4% after Bloomberg says Infineon (IFNNY) is near a deal to buy a U.S. semiconductor company for $2B... Amicus Therapeutics (FOLD), up 18.4% after reporting positive Phase 3 data from the Fabry study. DOWN AFTER EARNINGS: Lowe's (LOW), down 3%... Tarena (TEDU), down 9%... Leju (LEJU), down 4.2%... JA Solar (JASO), down 5%. LOWER: Hertz (HTZ), down 12.7% after downgraded at JPMorgan and Deutsche Bank following the company's decision to withdraw its FY14 guidance... NovaBay (NBY), down 35.2% after primary, secondary endpoints were not met in its NVC-422 study... RGS Energy (RGSE), down 14.9% after downgraded at Roth Capital following Q2 earnings results.
08:53 EDTLOWLowe's says signals from housing market 'mixed'
Subscribe for More Information
07:26 EDTLOWLowe's weakness a buying opportunity, says RW Baird
Subscribe for More Information
06:34 EDTLOWLowe's down 3.1% after reporting Q2 results, FY14 guidance
Subscribe for More Information
06:08 EDTLOWLowe's CEO says 'home improvement spending will continue to progress'
Subscribe for More Information
06:05 EDTLOWLowe's sees FY14 EPS approximately $2.63, consensus $2.61
Subscribe for More Information
06:04 EDTLOWLowe's reports Q2 EPS $1.04, consensus $1.02
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use