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Strong Earnings From Home Depot And Lowe's, With Nvidia Waiting In The Wings
Wednesday, February 24, 2021 - 10:54am | 2730How do you follow up an amazing comeback like Tuesday’s? It’s hard, investors learned this morning. Overnight, stocks moved higher, then gave up their gains in the hour before the open as the 10-year Treasury yield spiked to 1.42%. This shows how sometimes momentum spills over...
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Monday's Market Minute: This Week's Market Preview
Monday, February 22, 2021 - 11:20am | 495We have a few things to keep an eye on this week that could move markets. First, in terms of economic data, it's a very busy week: we have Leading Indicators, the Dallas Fed Manufacturing Survey, and the Chicago Fed National Activity Index. Tuesday, Fed Chairman Jerome Powell begins his two-day...
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Home Depot, Lowe's, Nvidia Among Highlights Of Another Key Earnings Week
Monday, February 22, 2021 - 11:09am | 2431The new week is starting right where the old one left off: Cloudy, with a chance of more rate concerns. Before talking rates, let’s talk Boeing Co (NYSE: BA), which suffered another blow this weekend on news that some of its 777 jets will be grounded after that engine...
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Home Run: Real Estate's 2020 Surge Could Give Home Depot, Lowe's A Boost
Friday, February 19, 2021 - 10:50am | 1903Real estate firm Zillow Group Inc (NASDAQ: Z) recently reported a great quarter, exceeding the company’s own outlook and sending its shares up by double digits. “Homes are flying off the shelves,” CEO Richard Barton told CNBC in an interview. Which could be great news...
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Lowe's, Target Earnings Looks Solid, But Shares Go Different Directions In Early Trading
Wednesday, November 18, 2020 - 11:39am | 2563Retail week keeps rolling along with a mixed shopping cart of earnings this morning. Despite that, stocks look ready to resume their rally thanks in part to more optimism surrounding vaccines and finally some good news for the country’s biggest airplane builder. Target Corporation (NYSE...
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Lowe-LISC Partnership To Provide Relief Grants Up To $20,000
Sunday, August 2, 2020 - 1:57pm | 312Small businesses who are facing financial pressures due to COVID-19 across the United States can now apply for relief grants from Lowe’s Companies Inc. (NYSE: LOW). What Happened: The retail company has reportedly joined hands with a non-profit organization Local Initiatives Support...
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A Guide To Guessing Where Amazon Is Going
Friday, July 21, 2017 - 1:50pm | 803If you want to know where Amazon.com, Inc. (NASDAQ: AMZN) is going, just look at where they aren’t. It’s a perfect road map to the future. The company, which turned just 22 years old on July 16, has spread its tentacles considerably of late, moving into supermarkets, contemplating...
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Deutsche Bank Provides Color on Home Depot, Hold
Wednesday, May 25, 2011 - 10:00am | 182Deutsche Bank provided color on Home Depot (NYSE: HD) after meeting its management. In a research report published today, Deutsche Bank commented on the restructuring program underway at Home Depot. Overall, Deutsche Bank's comments are positive. In the report, Deutsche Bank states, "HD is in a...
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Goldman Sachs Lowers PT Slightly To $29 On LOW
Tuesday, May 17, 2011 - 8:03am | 135Goldman Sachs is lowering its price target slightly on Lowe's Companies (NYSE: LOW), from $30 to $29, following the company's 1Q results. According to Goldman Sachs, “LOW's 1Q results and commentary suggest that a combination of macro challenges and potential company-specific issues persist,...
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Piper Jaffray Slightly Lowers PT To $27 On LOW
Tuesday, May 17, 2011 - 7:45am | 129Piper Jaffray has lowered its price target on Lowe's Companies (NYSE: LOW) from $28 to $27 as Q1 sales fell short of expected. Says Piper Jaffray, in its report, “Difficult comparisons due to last year's cash for appliances along with challenging weather in several regions proved difficult to...
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Citigroup Raises PT On Lowe's To $28
Tuesday, May 17, 2011 - 6:52am | 25Citigroup has raised the price target on Lowe's (NYSE: LOW) from $26 to $28 and maintains its Hold rating.
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Piper Jaffray Lowers PT On Lowe's To $27
Tuesday, May 17, 2011 - 6:07am | 27Piper Jaffray has lowered the price target on Lowe's Companies (NYSE: LOW) from $28 to $27 and maintains its Neutral rating.
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Piper Jaffray Maintains Rating, PT In Q1 Preview Of LOW
Thursday, May 12, 2011 - 8:13am | 139Piper Jaffray is maintaining its Neutral rating and its $28 price target on Lowe's (NYSE: LOW) in its preview of the company's 1Q. In the report, Piper Jaffray writes, “We are maintaining our Q1E EPS of $0.37 (vs. consensus of ~$0.37) but lowering our comp estimate from +0.5% to -1% based on what...
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Lowe's Companies Beats Consensus But Not HD
Wednesday, February 23, 2011 - 11:42am | 96According to Deutsche Bank, Lowe's Companies (NYSE: LOW) has beaten the consensus, but not HD. Deutsche Bank reported that the LOW stock should react OK. “We'd characterize the results as mixed. 4Q was a nice beat, but not as good as Home Depot's. Full year guidance is in line, but 1Q is low. A key...
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Lowe's Companies (LOW) Beats Expectations
Monday, February 22, 2010 - 8:50am | 112Lowe's Companies Inc. (NYSE: LOW) reported on Monday its 4th quarter profit was up to $205 million, or 14 cents per share, up from $162 million, or 11 cents per share, during the same quarter a year earlier. Sales were up from $9.98 billion to $10.2 billion. A poll of analysts by FactSet Research...