Lowe's

Lowe's posts lower profit

ATLANTA (Reuters) - Lowe's Companies , the second-largest home improvement retailer, reported lower quarterly profit on Monday as a deepening economic crisis led homeowners to put off big-ticket purchases.

Movers: Citigroup, Lowe's, JPMorgan, Goldman Sachs

Citigroup CEO Vikram Pandit plans to make a statement today about major cutbacks in the struggling firm's workforce aimed at calming market fears that the bank isn't taking the steps necessary to address its many ills, reports...

DIARY: Watch Macquarie Group

It's going to be another week where some important economic figures in the US and elsewhere will drive sentiment around the world.But in Australia tomorrow is shaping as a big day for confidence in the banking sector and in...

US stock index futures signal gains; automakers eyed

U.S. share prices indicated to open higher on Monday, reversing some of the sharp losses endured on Friday when dismal monthly retail sales triggered a sell-off. * At 1018 GMT S&P 500 futures were up 0.1 percent, Dow Jones...

US STOCKS-Futures drop on economic gloom, Citi eyed (at Reuters)

News of Japan's recession adds to global slump fears * Absence of concrete stimulus steps from G20 weighs * Report says Citigroup set to slash 50,000 jobs * Lowe's forecasts Q4 profit shortfall * For up-to-the-minute market...

NASCAR shine dims as more layoffs expected

Jefferson George and David Poole, The Charlotte Observer Comment on this story CHARLOTTE - As the NASCAR season ends today, the likelihood of widespread layoffs has sent a shudder through the Charlotte region, home to roughly...

Stock futures drop on economic gloom, Citi eyed

By Ellis Mnyandu NEW YORK (Reuters) - Stock index futures fell on Monday after Japan became the latest major economy to slide into recession, heightening fears that the global downturn is fast spreading. The news from Japan,...

Comtex SmarTrend(R) Morning Call -- November 17, 2008

Nov 17, 2008 (SmarTrend via COMTEX) -- After a further, although slight pull-back this morning, a near-term rally is expected to kick off this week as many SmarTrend(R) indicators are ready to climb out of their oversold zones,...

US Stock Futures Decline On Recession Fears, Retailers Eyed

US stock futures dropped on Monday as recession fears continued to spook the investors. Dwindling corporate profits, bleak outlook and possibility of further job cuts also weighed upon market sentiment.[More...]

Lowe's Extends the Celebration with a Winning Deal for Consumers

WHEN JIMMIE WINS, EVERYONE WINS Lowe’s Extends the Celebration with a Winning Deal for Consumers MOORESVILLE, N.C.(Nov. 16, 2008) –To celebrate Jimmie Johnson’s third consecutive NASCAR Sprint Cup Series Championship, Lowe’s is...