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Lowes Companies Inc

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  • WASHINGTON— More Americans sought unemployment aid last week, though the number of applications remains at a historically low level that is consistent with a healthy job market. Weekly applications increased 10,000 to a seasonally adjusted 274,000, the Labor Department said Thursday. "Despite a string of disappointing data, we continue to get signs that the...

  • WASHINGTON— The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week at 8:30 a.m. Eastern Thursday. SMALL INCREASE: Economists forecast that applications rose 6,000 last week to a seasonally adjusted 270,000, according to a survey by the data firm FactSet. Some temporary factors, including harsh winter...

  • Lowe's and Staples are big market movers Wednesday, 20 May 2015 | 4:36 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Lowe's Companies Inc., down $3.33 to $68.50. American Eagle Outfitters Inc., up 87 cents to $16.61.

  • Nascar's Jimmie Johnson would like you to cool down Wednesday, 20 May 2015 | 12:10 PM ET
    Jimmie Johnson, driving the No. 48 Lowe's Patriotic Chevrolet.

    Nascar driver Jimmie Johnson is partnering with Mission and Lowe's to focus on heat safety, as the summer starts to kick off.

  • May 20- Lowe's Cos Inc, the No.2 U.S. home improvement chain by sales, reported lower-than-expected quarterly earnings on Wednesday as a long, harsh winter hurt sales growth, sending its shares down more than 5 percent. Lowe's performance during the first quarter is in sharp contrast to bigger rival Home Depot Inc whose earnings handily beat analyst estimates on...

  • Wall Street gears up for Fed minutes; dollar gains eyed Wednesday, 20 May 2015 | 8:29 AM ET
    A trader works on the floor of the NYSE as Fed Chair Janet Yellen speaks on television during a June news conference.

    U.S. stock index futures indicated a flat to higher open for Wall Street shares Wednesday ahead of the release of Fed minutes.

  • Early movers: LOW, JNJ, YHOO, HRL, NOC & more Wednesday, 20 May 2015 | 7:54 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Lowe's earnings, revenue miss estimates Wednesday, 20 May 2015 | 7:16 AM ET
    An employee helps a customer shop for a sander at a Lowe's home improvement store in Chicago.

    Lowe's stock went on a skid after the home improvement retailer reported earnings and revenue that fell short of expectations.

  • May 20- Lowe's Cos Inc, the No.2 U.S. home improvement chain by sales, reported lower-than-expected quarterly profit and sales as growth in its kitchen, flooring and lumber and building material businesses was not as strong as the company expected. In contrast, bigger rival Home Depot Inc's quarterly same-store sales handily beat analysts' estimates on Tuesday...

  • MOORESVILLE, N.C.— Lowe's saw sales and profit rise in the first quarter as the housing market began to thaw, but the performance was far from what Wall Street had expected and shares tumbled 6 percent before the opening bell Wednesday. "We continue to believe they are regularly hit by less than ideal real estate they built" after 2003-2004, said David Strasser of...

  • Home improvement chain Lowe's profit rises 8 pct Wednesday, 20 May 2015 | 6:08 AM ET

    May 20- Lowe's Cos Inc, the No.2 U.S. home improvement chain by sales, reported a 7.9 percent rise in quarterly profit as an improving job market encouraged Americans to spend on renovations. The company's net income rose to $673 million, or 70 cents per share, in the first quarter ended May 1 from $624 million, or 61 cents per share, a year earlier. Net sales rose 5.4...

  • Yellen speech a bigger focus than Fed minutes Wednesday, 20 May 2015 | 5:54 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Minutes from the Fed's last meeting should sound dovish when they are released Wednesday, but markets are already looking ahead to a speech Friday from Janet Yellen.

  • Forget Fed minutes, markets are focused on this Tuesday, 19 May 2015 | 6:24 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Minutes from the Fed's last meeting should sound dovish when they are released Wednesday, but markets are already looking ahead to a speech Friday from Janet Yellen.

  • Cramer: The simplest trick to make a fortune Tuesday, 19 May 2015 | 6:12 PM ET
    Pedestrians pass in front of an Urban Outfitters store in New York.

    Jim Cramer takes a look at some of the large market trends happening right now and reveals his simple methodology to making money every day.

  • Report boosts homebuilder shares Tuesday, 19 May 2015 | 1:39 PM ET

    The Commerce Department report shows that housing starts last month increased 20.2 percent for the month, to an annual rate of 1.14 million homes. "The housing market comes back in the spring, is what realtors always say, and boy is this true today," said Christopher Rupkey, chief financial economist at MUFG Union Bank, in a note to clients. The report helped lift...

  • Business events scheduled for Wednesday Tuesday, 19 May 2015 | 1:22 PM ET

    WASHINGTON— Federal Reserve releases minutes from April interest-rate meeting, 2 p.m. Eastern. Lowe's Companies Inc. reports quarterly financial results before the market opens. Target Corp. reports quarterly financial results before the market opens.

  • Solid Home Depot earnings signal consumer 'shift' Tuesday, 19 May 2015 | 11:33 AM ET
    Customers arrive to shop for home improvement supplies at a Home Depot Inc. store in New York.

    Home Depot's better-than-expected earnings and revenue numbers show the consumer is spending "more and more" on their home, says a leading analyst.

  • Trader makes a winning call on Home Depot Tuesday, 19 May 2015 | 10:33 AM ET
    Home Depot

    At least one trader stands to make a lot of money after betting on Home Depot's direction.

  • Market's new biggest fear: Economic stall Monday, 18 May 2015 | 7:42 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Wednesday's Fed minutes along with housing data might cause turbulence.

  • Investors watch for more signs of economic stall Monday, 18 May 2015 | 5:58 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Next week's Fed minutes along with housing data might cause turbulence.