SubscribeAll Posts Tagged With: "Lowe’s (LOW)"
Market Updates: Bank of America (BAC), Microsoft (MSFT), Lowe’s (LOW)
Japan’s Economy Grows; Home Builder Confidence Up; New York Manufacturing Rises; Credit Card Defaults Stabilize in July; MSNBC Buys “Hyperlocal” News Aggregator; Reader’s Digest Files for Bankruptcy; Lowe’s Profit Falls 19%
- Japan’s economy is once again growing, with its gross domestic product (GDP) rising 3.7% in the second quarter. A rebound in exports to China and a large stimulus program helped Japan bounce back from contraction that, at an annualized rate of 11.7%, was more than double that of the United States’ in the first quarter. Officials at Japanese companies think the nation’s worst recession since World War II is nearly…
Market Update: Home Depot (HD), Lowe’s (LOW), Citigroup (C)
Fed’s Beige Book Shows Downturn Slowing; Home Depot Says Worst Is Over; ReFi Apps Slowest Since November; Senate Mulls Bigger Home Loan Tax Credit; U.S. Becomes Largest Shareholder in Citi; Rising Energy Costs Could Stunt Global Recovery; Top Economist Considering Senate Run
- The U.S. economic downturn may be slowing, but conditions remained weak in almost half of its regions, the Federal Reserve reported in its Beige Book business survey. “Contacts from several districts said that their expectations have improved, though they do not see a substantial increase in economic activity through the end of the year,” the central bank said in the report. But…
Market News: Lowe’s (LOW), American International Group (AIG), State Street (STT), Bank of America (BAC)
China Ramps Up Oil Refining; Lowe’s Tops Forecasts; Toshiba Raising $3 Billion in Stock Sale; AIG Fast-Tracking Asian Subsidiary IPO; Obama Sets First Pollution Limits on Cars; Homebuilder Confidence Highest in 8 Months; State Street Sells $1.5 Billion in Stock to Repay TARP Funds; Oil Spikes on Africa Violence, U.S. Refinery Fire
- China will increase its annual oil refining volume by 18% over the next two years to meet expected long-term demand. China’s State Council also said that it would boost stockpiles and encourage petro companies to merge operations, Bloomberg reported.
- Lowe’s Cos. Inc. (NYSE: LOW) reported an analyst-beating quarterly profit and raised…
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