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Stock Market & Financial Investment News

News Breaks
May 30, 2014
10:02 EDTLOWLowe's raises dividend by 27.8% to 23c per share
The dividend is payable on August 6, to shareholders of record as of July 23.
News For LOW From The Last 14 Days
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March 5, 2015
08:03 EDTLOWHome Depot Lowe's shares to continue to rise, says Oppenheimer
Oppenheimer believes that Home Depot (HD) and Lowe's (LOW) have a number of positive catalysts, including solid U.S. consumer spending trends, significant slack in the U.S, housing recovery, improving market sentiment and investors' interest in domestic plays as the dollar strengthens. The firm raised its price target on Home Depot to $133 from $115 and on Lowe's to $85 from $77. Oppenheimer keeps Outperform ratings on both stocks.
February 26, 2015
08:34 EDTLOWLowe's price target raised to $82 from $70 at Argus
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08:13 EDTLOWLowe's price target raised to $83 from $75 at UBS
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February 25, 2015
09:24 EDTLOWLowe's expects to report highest comp for FY15 in Q1
Expects higher comps in 1H15 than 2H15. Comments taken from Q4 earnings conference call.
09:18 EDTLOWLowe's expects jobs, incomes, household financial conditions to improve in 2015
The company said key drivers of home improvement spending are real disposable personal income, employment, home prices and housing turnover. It expects stronger income gains, historically low mortgage rates, and moderating home price growth will provide more support to home buying in 2015. Comments taken from slides for Q4 earnings conference call.
08:47 EDTLOWLowe's: Momentum, macro fundamentals aligned for 2015 modestly stronger growth
06:03 EDTLOWLowe's sees FY15 EPS $3.29, consensus $3.28
Sees FY15 total sales to increase 4.5%-5%, consensus $58.52B; Sees FY15 comparable sales to increase 4%-4.5%. The company expects to open 15-20 home improvement and hardware stores in 2015. Sees FY15 earnings before interest and taxes as a percentage of sales to increase 80 to 100 basis points. Sees FY15 effective income tax rate to be approximately 38.1%.
06:02 EDTLOWLowe's reports Q4 EPS 46c, consensus 44c
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February 24, 2015
15:21 EDTLOWNotable companies reporting before tomorrow's open
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12:58 EDTLOWEarnings Preview: Lowe's up over 17% since last earnings report
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February 23, 2015
07:51 EDTLOWLowe's March volatility elevated into Q4 and outlook
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