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Lowe's Earnings Fall Short of Estimates; Shares Slide

U.S. News

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  • Surge in High-Yield Bonds a 'Big April Fool's Joke' Tuesday, 2 Apr 2013 | 7:27 AM ET

    An increase in the issuance of high-yielding bonds alongside leverage to purchase this debt has sparked renewed fears of a bubble in the credit markets, with one bank warning investors of the threats involved.

  • Judge Questions Citigroup's $590 Million Settlement Tuesday, 2 Apr 2013 | 2:04 AM ET

    A Manhattan federal judge on Monday signaled he will not rubber-stamp Citigroup's proposed $590 million settlement of a shareholder lawsuit accusing it of hiding tens of billions of dollars of toxic mortgage assets.

  • A $25 Million Question Over a Bid for Dell Tuesday, 2 Apr 2013 | 8:28 AM ET

    Is Stephen Schwarzman's Blackstone Group really bidding for Dell? Or is it part of a bizarre, high-stakes charade? The New York Times reports.

  • US to Raise Medicare Advantage Payment Rate Tuesday, 2 Apr 2013 | 6:07 AM ET

    Following intense lobbying from the health insurance industry and members of Congress, the U.S. government said it will increase the payment rate for health insurers that offer coverage through the popular Medicare Advantage program.

  • Carl Icahn Takes 9.27% Passive Stake in Nuance Tuesday, 2 Apr 2013 | 6:53 AM ET
    Carl Icahn

    Billionaire investor Carl Icahn has taken a 9.27 percent passive stake in speech recognition and digital imaging software maker Nuance Communications.

  • Facebook Phone Announcement: What to Expect Monday, 1 Apr 2013 | 3:58 PM ET

    Facebook is expected to unveil new operating system for the android phone, and the consensus of analysts appears to be positive.

  • Why S&P Rally Has Another 100 Points to Go Monday, 1 Apr 2013 | 9:59 PM ET

    There is a high probability that the current uptrend in the S&P 500 index will continue to 1,690, says this chartist.

  • US Deploys Warship Off South Korean Coast Monday, 1 Apr 2013 | 11:07 PM ET
    The guided-missile destroyer USS John S. McCain is deployed off the Korean coast.

    The United States has positioned a warship off the Korean coast as a shield against ballistic missile attack as South Korea's new president vowed swift retaliation against a North Korean strike.

  • Ready or Not: States Brace for Obamacare Monday, 1 Apr 2013 | 10:54 AM ET

    With only six months before the start of enrollment for Obamacare, state and federal health officials are racing to get insurance regulations and systems up and running in time.

  • Manufacturing Growth Slows, Missing Forecast Monday, 1 Apr 2013 | 10:01 AM ET

    The pace of expansion in the U.S. manufacturing sector unexpectedly slowed in March, according to a new industry report released.

  • Corn Crunch Could Be Just What Consumers Need Monday, 1 Apr 2013 | 1:09 PM ET

    What's bad news for corn investors could be good news for battered consumers if trends hold up.

  • You're What? Turnover May Blindside Employers Monday, 1 Apr 2013 | 8:20 AM ET

    Signs of life in the job market could start pushing some employees to do what they've been dreaming about: quit. Too bad their employers probably won't see it coming.

  • SAC Manager Insider Case May Be Tough to Prove Sunday, 31 Mar 2013 | 3:23 PM ET
    SAC Capital portfolio manager Michael Steinberg leaves federal court after being arraigned on insider trading charges on March 29, 2013 in New York City.

    To win a guilty verdict against one of Steven A Cohen's most senior portfolio managers, U.S. prosecutors face a tough task: convincing a jury that a man who already admitted to breaking the law is telling the truth on the witness stand.

  • Immigration Deal at Hand, Focus Turns to Details Monday, 1 Apr 2013 | 7:02 AM ET
    An immigrant from Colombia chants during a rally on immigration reform in front of the White House.

    Big business and big labor have settled on a framework for an immigration overhaul. Now, the lawmakers need to resolve the nitty-gritty—and keep their parties' political flanks mollified.

  • Panasonic Unit in US Bribery Investigation: Report Sunday, 31 Mar 2013 | 10:48 PM ET

    A unit of Japan's Panasonic is under investigation by U.S. authorities looking at whether the company paid bribes overseas to airline employees or government officials to help land business.

  • Prolonged Winter Puts Retail Sales in Deep Freeze Sunday, 31 Mar 2013 | 4:39 PM ET

    Abnormally cold weather curbs consumer demand for spring goods and apparel, but some companies, including drug chains and dollar stores, are benefiting from the spring’s delay.

  • Potential to Drop: -19.44% Closing Price (9/27): $11.52 Price Target: $9.28 YTD Change: +32.72% Short interest (as % of float): 1.68% Analysts Covering: 23 High Price Target: $13 Low Price Target: $6

    MetroPCS urged shareholders to support its proposed merger with Deutsche Telekom's T-Mobile USA after two proxy advisory firms recommended that shareholders vote against the deal.

  • Facebook Feels Hot Breath of New Apps on Its Neck Monday, 1 Apr 2013 | 8:31 AM ET

    Hundreds of millions of tech-savvy young people have turned to a wave of smartphone-based messaging apps that are now sweeping across North America, Asia and Europe.

  • "Squawk Box" enlisted some Wall Street heavyweights to help answer that question as stocks by any measure begin the second quarter at all-time highs.

  • Expect Long-Awaited Correction in Q2: Investors Monday, 1 Apr 2013 | 4:24 PM ET

    The bulls have been running at a fierce pace but these pros say the correction is coming in the second quarter. Here's why.

U.S. Video

  • Waitressville designs and manufactures fashionable and functional waitress uniforms for restaurants, sports bars, promotional events and breastaurants. Yes breastaurants! These are restaurants that serve up their dishes with a lot of sex appeal. Terra Saunders, a former Dallas Cowboys cheerleader and owner of Waitressville.com, started the company in 1996 and launched an online store in 2013. Terra says her uniforms are designed to fit each woman comfortably while still being affordable and stylish.

  • Cynthia Okimoto founded New York Dog Nanny in 2010. The desire to run her own company focused on pets came about because Cynthia often felt guilty going to work and leaving her dog home alone all day. Her company provides boarding, pet sitting, grooming, walking and day care for dogs. She describes her client as a busy professional who loves her pet and wants it in a comfortable home setting.

  • Summit Coffee is a neighborhood coffee house owned by Tim and Brian Helfrich. The coffee shop serves up specialty coffee, alcoholic beverages and live music. It has a simple aim -- to provide good beans, good people and a good environment. It is a popular hangout and the company says that over 2000 conversations take place there on an average day. The coffee shop also donates to local charities.