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Stock Market & Financial Investment News

News Breaks
May 22, 2014
09:00 EDTLOWLowe's margin resurgence sustainable, says UBS
UBS noted Lowe's showed a lot of margin flexibility during Q1 and the firm believes its margin resurgence is sustainable. The firm cited a potential increase in its bigger ticket items, the emergence from a period of tough comps, and raised company guidance. UBS keeps its Buy rating on the stock, but lowered its price target to $56 from $58.
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March 20, 2015
16:31 EDTLOWLowe's announces new $5B share repurchase program
Reflecting its commitment to return excess cash to shareholders, the Board of Directors for Lowe's Companies has authorized a new repurchase program of $5B of the company's common stock. This new repurchase program has no expiration date and adds to the previous program's balance, which was $2.4B as of January 30.
March 18, 2015
10:18 EDTLOWEvercore ISI to hold a summit and tour
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