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Trump Backs Off Firing Powell After Walmart, Target CEOs Warn Him Of Empty Store Shelves
Thursday, April 24, 2025 - 8:21am | 645Warnings of empty shelves and financial chaos pushed President Donald Trump to soften his fight with the Federal Reserve and cool talk of a deeper tariff war with China, lifting Wall Street out of a tailspin late Wednesday. What Happened: The about-face came after top retailers — Walmart, Target,...
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Home Depot Beats Vs Weakening DIY Trends
Thursday, August 19, 2021 - 10:05am | 712Home Depot Inc. (NYSE: HD) revealed its sales rose more slowly than earlier in the pandemic that brought on a rapid surge in home improvement spending. The earnings and revenue beats were not enough to offset weakening DIY trends that did all the talking. Shares tumbled 5% as the home improvement...
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Barron's Latest Picks And Pans: Lowe's, Microsoft, Vertex Pharmaceuticals, ViacomCBS And More
Sunday, March 7, 2021 - 8:19am | 1111This weekend's Barron's provides some insight into Cathie Wood, one of Barron's 100 most influential women in the United States this year. Other featured articles discuss how Barron's ugly stock picks have fared since last summer, two companies that are reinventing themselves and...
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'Psychological Milestone': Stock Market Update For The Week Ahead
Sunday, August 23, 2020 - 2:56pm | 2252The Last Week In A Nutshell What Happened: “The market has taken us on a roller coaster ride that no one would have believed — from the depths of March 2020, when we dropped to a level last seen in 2016 (e.g., $2,237.40 on the S&P 500) to a 51% rally back to reclaim an all...
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Self-Inflicted Wounds Lead To Holiday Sales Below Internal Expectations
Wednesday, February 26, 2020 - 3:35pm | 575Lowe's Companies Inc. (NYSE: LOW) reported adjusted earnings per share (EPS) of $0.94 for its fiscal fourth quarter, which ended on January 31, $0.03 better than the consensus estimate. On the company's earnings conference call, management said that while it had a strong holiday season, it fell...
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Lowe's And Home Depot's Quarterly Reports Both Underline The Importance Of Technology
Thursday, November 21, 2019 - 10:56am | 1042Lowe's (NYSE: LOW) shares rose after the company reported quarterly earnings of $1.41 which exceeded analyst expectations of $1.35. The company also raised its full year outlook causing shares to jump more than 5%, hitting a new 52-week high, as investors took this as a positive sign that the...
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Lowe's Announces Plans To Close More Stores
Wednesday, November 20, 2019 - 12:49pm | 654Lowe's Companies, Inc. (NYSE: LOW) announced that it would shutter more stores in its fiscal 2019 third quarter report. This round of store closures includes 34 retail locations in Canada. The Mooresville, North Carolina-based home improvement retailer reported adjusted earnings per share (EPS)...
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Despite Strong Earnings From Lowe's, Target, Market On Defensive From Trade Fears
Wednesday, November 20, 2019 - 10:48am | 2433Today’s early action is another reminder that tariffs reign supreme in this market. You can have great results from two of the biggest retailers, but if the headlines go south on trade that’s what seems to matter most overall. Home Depot Inc (NYSE: HD) earnings yesterday may not have...
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Barron's Picks And Pans: Bitcoin, Bogle, Lowe's, Procter & Gamble And More
Sunday, May 20, 2018 - 3:51pm | 687In this weekend's Barron's cover story, Jack Bogle shares his views on the future of the fund industry. Other featured articles offer consumer staples stocks that may be bargains and drone stocks hitting turbulence. Also, the prospects for cryptocurrency, a home superstore operator...
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Raymond James: Rising Home Prices, Wages Could Be A Major Boon For Lowe's
Monday, November 27, 2017 - 5:34pm | 415With the home improvement industry sentiment garnering positive sentiment heading into 2018, Lowe’s Companies, Inc (NYSE: LOW) shares are looking more attractive against key competitors and the overall market, according to a new analyst report. The Analyst Budd Bugatch of Raymond James...
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Why One Analyst Would Prefer To Build A Position In Lowe's Rather Than Home Depot
Tuesday, November 7, 2017 - 12:09pm | 650The do-it-yourself home improvement sector has benefited from the multiyear improvement in the housing sector. But the key question moving forward is which is the better holding: Dow component Home Depot Inc (NYSE: HD) or its smaller rival Lowe's Companies, Inc. (NYSE: LOW)? The Analyst...
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Will Alibaba And Home Depot Bring Good News To Retail Earnings Season?
Sunday, August 13, 2017 - 5:28pm | 745More of the big retailers are on deck to report their most recent quarterly results this week. Wall Street is braced for mixed results from the troubled sector again this week. Yet two leading specialty retailers could buck the trend of low expectations. The big-box stores and the major...
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'Amazon Is Playing Hardball': Home Improvement Chains Slide After Kenmore, Alexa Join Forces
Friday, July 21, 2017 - 11:54am | 715With Sears Holding Corp (NASDAQ: SHLD) integrating its Kenmore product line with Amazon.com, Inc. (NASDAQ: AMZN), the home improvement space has suddenly shifted. Sears’ Kenmore appliances will now be sold on Amazon, and the line of Kenmore Smart appliances will be integrated with Amazon...
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What Do Short Sellers Know About Home Depot?
Wednesday, June 28, 2017 - 10:02am | 513As the sector struggles, one leading specialty retailer has thrived and has rewarded investors. However, short sellers have bet heavily against this stock in the most recently reported period. The share price of this home improvement store operator has pulled back from a recent all-time high. As...
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Retail Earnings Expectations: Costco And Lowe's
Monday, May 22, 2017 - 8:58am | 616Reports from two big-box retailers will be among earnings highlights this week. Both of them are considered to be less affected by big e-commerce. Wall Street analysts expect good showings from each of them. The parade of big retailers sharing their latest quarterly results continues. While so...