Home Improvement Retail

The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey increased 3.8% versus the prior week. This is essentially bullish for the U.S. housing market. MBA Mortgage Applications measures the change in the...

According to a research report published this morning, Piper Jaffray has downgraded Lowe's (NYSE: LOW) from Overweight to Neutral, and lowered PT from $41 to $28. In the report, Piper Jaffray said, "Having recently upgraded LOW shares a month ago, we admit to getting it wrong in casting LOW as a...

Existing Home Sales measures the change of existing residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a strong indicator of overall economic strength. The Survey states that 4.62 million existing residential...

In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis. Provided by Social Market Analytics, here is the social media...

Deutsche Bank cuts its price target on Lowe's Companies (NYSE: LOW) from $35 to $32 following lower comps. The Buy rating on shares is reiterated. Deutsche Bank notes, "The lower than expected comp despite favorable weather and $0.02 guidance reduction are negatively impacted LOW's stock. While...

According to a research report this morning, Goldman Sachs decreases its PT on Lowe's Companies (NYSE: LOW) from $33 to $31 as Lowe's showed few signs of movement in the quarter. Goldman Sachs stated, “LOW delivered the 1Q we expected after we lowered forecasts last week in the face of HD's 1Q...

Analysts at Piper Jaffray downgraded Lowe's Companies Inc (NYSE: LOW) from “overweight” to “neutral.” Lowe's Companies' shares closed at $25.60 yesterday. Lowe's Companies' trailing-twelve-month ROA is 6.99%. Analysts at JMP Securities downgraded Cooper Industries plc (NYSE: CBE) from “outperform...

Pre-open movers US stock futures are slightly lower this morning. Futures for the Dow Jones Industrial Average dropped 13 points to 12,477.00 and S&P 500 index futures fell 1.40 points to 1,314.30. Nasdaq 100 futures declined 2.75 points to 2,540.75. A Peek Into Global Markets European...

Tuesday, May 22, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Fitch Downgrades Japan to 'A+' From 'AA'; Outlook Negative AutoZone (NYSE: AZO) Reports Q3 EPS $6.28 vs $6.25 Est; Revenues $2....

Lowe's Companies (NYSE: LOW) is trading lower on the session following its Q1 earnings announcement this morning. The company reported an EPS of $0.44 vs $0.42 estimates and revenues of $13.2 billion vs $12.99 billion estimates. Lowe's also announced it sees 2012 EPS of $1.73-$1.83 vs $1.87...

Lowe's Cos Inc (NYSE: LOW) dipped 6.04% to $26.76 in the pre-market session. Lowe's lowered profit forecast. Nasdaq OMX Group Inc (NASDAQ: NDAQ) shares fell 2.91% to $21.35 in the pre-market trading. NDAQ's trailing-twelve-month ROA is 3.52%. Zynga Inc (NASDAQ: ZNGA) moved down 1.54% to $7.05 in...

Monday, May 21, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Lowes (NYSE: LOW) Reports Q1 EPS $0.44 vs $0.42 Est; Revenues $13.2B vs $12.99B Est Yahoo! (NASDAQ: YHOO) and Alibaba Reach...

Lowe's Cos Inc (NYSE: LOW) reported a higher-than-expected first-quarter profit. Lowe's quarterly net earnings climbed to $527 million, or $0.43 per share versus $461 million, or $0.34 per share, in the year-ago period. Excluding items, the company earned $0.44 per share, versus analysts'...

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 71 points to 12,406.00 and S&P 500 index futures rose 8.20 points to 1,299.00. Nasdaq 100 futures gained 15.50 points to 2,483.75. US stocks closed lower on Friday, with the Dow Jones Industrial...

Tidewater Inc (NYSE: TDW) is estimated to post its Q4 earnings at $0.61 per share on revenue of $285.7 million. Campbell Soup Co (NYSE: CPB) is projected to post its FQ3 earnings at $0.52 per share on sales of $1.82 billion. Krispy Kreme Doughnuts Inc (NYSE: KKD) is projected to post its Q1...