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LOW’s Shares Slip In Pre-Market Trading, Despite 27% Earnings Growth
Monday, February 22, 2010 - 9:49am | 216The second largest home improvement chain in the US Lowe's Companies Inc (NYSE: LOW) has posted 27% growth in quarterly profits, driven by a rise in lumber prices and demand for appliances. The company forecasted 1%-3% sales growth for the current quarter. The company said its fourth-quarter...
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Lowe’s (LOW) Profit Beats Estimates
Monday, February 22, 2010 - 9:42am | 96Lowe’s Companies, Inc. (NYSE: LOW) posted a 27% rise in its quarterly profit. It attributed the increase in profit to rising lumber prices, and demand for appliances. The No. 2 U.S home improvement chain’s profit rose to $205 million, or 14 cents a share. It reported a profit of $162 million, or...
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Benzinga’s Earnings Roundup (CPB, LOW, PWR, CEG)
Monday, February 22, 2010 - 9:15am | 335Campbell Soup Company (NYSE: CPB) reported today a second-quarter profit of $259 million, or $0.74 per share, as compared to $233 million, or $0.64 per share, for the same quarter last year. Sales increased 1% to $2.2 billion for the quarter. Analysts had expected CPB to report earnings of $0.73...
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Lowe's Displays Its Goods
Monday, February 22, 2010 - 9:09am | 218Lowe’s Companies (NYSE: LOW) reported fourth quarter earnings of $0.14, versus analysts’ expectations of $0.12. The earnings came in 26.5% higher than the prior year’s quarter. Revenue for the quarter came in at $10.2 billion, which came in above expectations. Lowe’s Board of Directors authorized...
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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...
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Top 5 Stocks For February 22, 2010 (INTU, TXRH, JWN, LOW, CPB)
Monday, February 22, 2010 - 8:43am | 303Intuit (NASDAQ: INTU) has reported strong earnings for its fiscal second quarter, beating the Wall Street expectations. After gaining 7.92% to close at $32.72, INTU’s shares have lost 0.08% in after hours trading. Read more about this company here. The family dining steak king, Texas Roadhouse Inc...
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Lowe's To Report Earnings Monday Morning (LOW)
Friday, February 19, 2010 - 6:08pm | 166Lowe's Companies (NYSE: LOW) will be reporting their earnings on Monday morning. In today's trading, Lowe's (LOW) lost 0.09% to close at $23.13. Wall Street consensus estimates are that the company will report earnings per share of $0.12 versus $0.11 in the year ago period. Lowe's main competitor,...
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LL – A Core Long Term Holding
Friday, February 19, 2010 - 12:11pm | 132Analysts at KeyBanc Capital Markets maintain their "buy" rating on Lumber Liquidators Inc (NYSE: LL). The target price for LL is set to $30. According to KeyBanc Capital Markets, Lumber Liquidators has reported its Q4 results inline with the preannouncement, driven by improving sales trends and...
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Home Depot Upgraded At Oppenheimer (HD)
Wednesday, February 17, 2010 - 1:16pm | 183Oppenheimer upgraded shares of Home Depot (NYSE: HD) today from Perform to Outperform and raised their price target for the stock from $26 to $37. The stock is currently trading 1.56% higher on the back of this upgrade to $29.90. Home Depot (HD) is a name that you should keep your eye on, as the...
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Stock Market News for February 9, 2010 - Market News
Tuesday, February 9, 2010 - 10:15am | 473Stocks took another plunge Monday with the Dow average closing below 10,000 for the first time in three months as lingering worries about European government finances and a potential regulation spooked investors. In a sign that sentiments remain jittery, some better-than-expected profit reports...
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Fast Money Picks For February 9th (BIDU, DMND, LULU, LOW)
Monday, February 8, 2010 - 7:21pm | 132Tim Seymour said on CNBC's Fast Money that he would sell Baidu.com (NASDAQ: BIDU) ahead of earnings. Baidu.com (BIDU) fell 1.24% today and closed at $443.25. Guy Adami believes Diamond Foods, Inc. (NASDAQ: DMND) is a buy, and Gary Kaminsky wants to short Lululemon Athletica inc. (NASDAQ: LULU)....
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Company News for February 8, 2010 - Corporate Summary
Monday, February 8, 2010 - 9:58am | 301• CVS Caremark (NYSE:CVS) posted fourth quarter adjusted earnings of 79 cents, one cent better than Zacks estimates, on revenues of $25.8 billion, which missed Zacks estimates of $26.35 billion • Hasbro (NYSE:HAS) posted fourth quarter earnings of $1.09, versus Zacks estimates of 81 cents a share...
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Stock Market News for February 3, 2010 - Market News
Wednesday, February 3, 2010 - 10:15am | 394Stocks started on a sluggish note but ended the session sharply higher as better-than-expected earnings reports and upbeat economic data helped calm lingering worries about the economy. Nevertheless, broader concerns regarding Obama's spending plans and banking reform intentions, Beijing's move to...
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Faltering Earnings Momentum at Comcast - Analyst Blog
Thursday, January 21, 2010 - 8:04pm | 581Comcast's (CMCSA) earnings outlook appears far less robust than in the recent past. The cable giant is scheduled to report fourth-quarter 2009 results on February 3. The current Zacks Consensus Estimate for the quarter is 27 cents, which has seen no revisions in the last three months. Stability...
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LOW To Witness Positive Comps During Mid-2010
Tuesday, January 12, 2010 - 1:59pm | 121Analysts at RBC Capital Markets maintain their "outperform" rating on Lowe's Companies Inc (NYSE: LOW). The target price for LOW has been raised from $24 to $28. According to RBC Capital Markets, Lowe's Companies is well positioned to benefit from a turnaround in the home improvement industry. The...