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The Latest Breaking News from Lowe

Bill Ackman May Have Dumped Netflix, But Here Are 3 Dividend Stocks Pershing Square Is Still Holding

As the second quarter of the year passes, Pershing Square Capital has remained quiet for the most part, and has not added any new positions. However, the hedge fund did manage to completely sell its stake in Netflix Inc (NASDAQ: NFLX) of 3,109,965 shares over the second quarter of 2022.

Benzinga

Dow Jones Lower Ahead Of Fed Minutes; Retail Sales Miss Expectations; Apple Upgraded, Costco Nears Buy Point

Investors are now focused on the 2 p.m. release of the Fed Minutes. Apple and Costco are near buy points.

Investors Business Daily

Dow Jones Slides Ahead Of Fed Minutes; Retail Sales Miss; BBBY Stock Skyrockets 45%

The Dow Jones Industrial Average dropped Wednesday ahead of the Fed minutes from the bank's latest policy meeting.

Investors Business Daily

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U.S. Stock Futures Edge Lower; Fed Minutes In Focus

Pre-open movers

Benzinga

Dow Jones Futures Fall After S&P 500 Hits Resistance; Elon Musk Scores Own LOL With Manchester United Tweets

The S&P 500 came within 1 point of its 200-day line. Target and Lowe's results were mixed. Tesla CEO Elon Musk joked on Twitter that he'll buy Manchester United.

Investors Business Daily

Lowe's, Home Depot Top Earnings, Reaffirm Outlooks

Home improvement retailer Lowe's delivered mixed Q2 results Wednesday. LOW stock rose, Home Depot dropped in premarket trade.

Investors Business Daily

Stock Market Today - 8/15: Stocks End Higher; Retail Earnings In Focus

Stocks end higher Monday as investors look to a key series of retail earnings, as well as Fed minutes, later in the week.

The Street

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Starbucks, Others Could Benefit When Fed Pivots: Bank of America

While the Federal Reserve is still increasing rates, it could begin cutting in the third quarter next year, Bank of America says.

The Street

'A tough position': Kyle Busch heads to MIS with sponsor uncertainty, unsettled future

DETROIT — Kyle Busch has accomplished just about everything possible during his 20-year NASCAR career. He's won a pair of Cup titles and has 60 wins in the series.

Tribune News Service

How to paint a ceiling in five easy steps for dramatic visual impact — no matter how small your space

Our experts reveal how to paint a ceiling for great visual impact yourself. No need to call in the decorators, you'll have this covered in five simple steps

Real Homes

Why I Will Never Own Lowe's or Home Depot Stock

The home improvement chains have seen their stock price rise by about 150% over the past few years, but they have a problem.

The Street

10 Biggest Price Target Changes For Wednesday

Wells Fargo cut Lowe's Companies, Inc. (NYSE: LOW) price target from $260 to $240. Lowe's shares fell 0.7% to $194.36 in pre-market trading.

Benzinga

McDonald’s hires outside firm to perform racial equity audit after shareholder vote

Audit comes as companies face growing pressure on social issues

The Independent UK

Lowe's Hikes Dividend By 31%

Lowe's Companies Inc (NYSE:LOW) board of directors has increased the quarterly cash dividend by 31% to $1.05 from the previous quarterly dividend of $0.80 per share. The dividend is payable on August 3, 2022, to shareholders of record as of July 20, 2022. Lowe's has paid a cash dividend every quarter since going public…

Benzinga

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Tribune News Service

Supreme Court leak prompts investors to press companies on abortion

WASHINGTON — Activist shareholders, seeking to galvanize support following a leaked Supreme Court draft opinion indicating that justices are poised to overturn Roe v. Wade, are pressing companies to explicitly explain how they will support their workers’ access to abortion and reproductive health services.

Roll Call

SCOTUS leak prompts investors to press companies on abortion - Roll Call

Activist shareholders are pressuring companies on access to abortion after a leaked draft Supreme Court opinion.

Investors Business Daily

Stock Market Rally Under Pressure As Walmart, Target Crash On Inflation Woes: Weekly Review

A newly confirmed stock market rally immediately came under heavy pressure as Walmart and Target warnings slammed the major indexes.

Benzinga

DA Davidson Maintains Buy Rating for Lowe's Companies: Here's What You Need To Know

DA Davidson has decided to maintain its Buy rating of Lowe's Companies (NYSE:LOW) and lower its price target from $292.00 to $240.00. Shares of Lowe's Companies are trading up 2.77% over the last 24 hours, at $188.91 per share.

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Benzinga

Why These 4 Lowe's Analysts Were Encouraged By Q1 Earnings

Lowe's Companies Inc (NYSE: LOW) missed Street expectations for quarterly sales but still managed to convincingly beat earnings estimates. KeyBanc Capital Markets On Lowe's Companies: Analyst Bradley Thomas maintained a Sector Weight rating on Lowe's.

Investors Business Daily

Retail Stocks Crash As Costs Catch Bellwethers, Wall Street Off-Guard

A broad swath of retail stocks imploded on Wednesday, led by Walmart and Target, after both chains reported earnings.

Benzinga

Benzinga's Daily Brief On Trending Tickers For May 18, 2022: Target, Lowe's, Twitter, ZIM And More

Benzinga’s “Daily Brief On Trending Tickers” features top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

Benzinga

Lowe's Q1 Sales Miss Street View; Affirms FY22 Outlook

Lowe's Companies Inc (NYSE:LOW) reported a first-quarter FY22 sales decline of 3% year-on-year to $23.66 billion, marginally missing the consensus of $23.76 billion. Comparable sales decreased 4%. Comparable sales for the U.S. home improvement business fell 3.8%. EPS of $3.51 beat the consensus of $3.23. Gross profit declined 1% Y/Y to $8.05 billion,…

Benzinga

Why Lowe's Shares Are Sliding

Lowe's Companies Inc (NYSE: LOW) shares are trading lower Wednesday after the company announced mixed financial results.

Investors Business Daily

Dow Jones Sells Off As Target Plunges 25% On Earnings

The Dow Jones Industrial Average sold off Wednesday, as Target stock plunged 25% on weak earnings results.

The Street

Lowe's Stock Slips After Earnings Beat, Sales Lag Estimates

Lowe's shares were lower after the home-improvement chain reported Q1 net income exceeded estimates while revenue came up short.

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