|Bid||112.75 x 800|
|Ask||113.00 x 1200|
|Day's Range||112.05 - 113.12|
|52 Week Range||84.75 - 118.23|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||35.67|
|Earnings Date||Nov 20, 2019|
|Forward Dividend & Yield||2.20 (1.96%)|
|1y Target Est||122.00|
On Friday morning, Lowe's CEO Marvin Ellison and Charlotte Hornets owner Michael Jordan attended the dedication of a refurbished Greenville Park basketball court as a part of a Hornets Legacy Project Powered by Lowe’s program.
Zacks.com featured highlights include: Keysight Technologies, Microsoft, Booking Holdings and Lowe???s Companies
Store expansion plans, strong merchandise margin and solid same-store sales are likely to contribute to Boot Barn's (BOOT) second-quarter fiscal 2020 results.
When brokers upgrade a stock, one can rely on their judgment. Nonetheless, one should also take into account some other factors to ensure steady returns.
Home Depot (HD) is benefiting from the Integrated Retail Strategy and its focus on Pro customers. The company is investing in its website and other applications to enhance online customer experience.
Piper Jaffray’s Peter Keith boosted his rating on the shares to Overweight from Neutral and raised his price target to $130 from $113.
BOUCHERVILLE, QC , Oct. 15, 2019 /CNW Telbec/ - Lowe's Canada , a leading Canadian home improvement company, operating or servicing over 600 corporate or affiliated stores under different banners, celebrates the success of its 2019 Heroes Campaign. From September 1 to 30 , some 270 Lowe's, RONA, and Reno-Depot corporate stores in the country raised funds to help a non-profit organization or public school of their choice—heroes in their communities—fulfill its mission or carry out a specific project. Lowe's Canada has matched 50% of all donations, up to a maximum of $2,000 per store.
Moody's rating action reflects a base expected loss of 5.1% of the current pooled balance, compared to 5.2% at Moody's last review. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.
Builders FirstSource (BLDR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
On CNBC's "Fast Money Halftime Report," Meghan Shue said she likes SPDR S&P Biotech (NYSE: XBI ). She thinks it's an area that has less political risk, pretty good earnings, a good innovation ...
There is no shortage of headlines about how young adults have delayed milestones like marriage and family, but Jefferies argues that the trend is winding up.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
Lowe’s stock is lower on Tuesday, following a downgrade from Raymond James, which thinks the home-improvement retailer will see impressive growth—just not as quickly as some hope.
Home Depot (HD) gains from efforts to provide an interconnected shopping experience to customers. But lumber price deflation and increased tariffs are potent threats.
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
(Bloomberg) -- Australia’s central bank was dragged further into the global easing tide as it cut interest rates for the third time this year, even as it risks refueling excesses that Governor Philip Lowe warned against just weeks ago.The Reserve Bank reduced the cash rate by 25 basis points to a record-low 0.75% and said it may ease even further, venturing deeper into levels where unconventional measures may need to be adopted. The move is in part designed to prevent a rebound in the depreciating currency that might have been triggered if it stood pat while global counterparts eased.“The global race to the bottom is, in a sense, dragging the RBA along,” said Michael Blythe, chief economist at the Commonwealth Bank of Australia. “Failure to participate could see the Australian dollar move higher.”Global risks from the U.S.-China conflict to Hong Kong riots have forced Lowe to tilt from a stubborn focus on financial stability that defined the start of his tenure three years ago. Only in August, he was warning global policy makers at the Jackson Hole symposium that easier monetary conditions will “push up asset prices, which brings its own set of risks.”Lowe’s fears were confirmed locally just hours before Tuesday’s decision, with data showing the RBA’s June and July cuts had reawakened Australia’s dormant housing market at a time households are already saddled with record debt levels. Prices rose the most since March 2017, led by hot spots Sydney and Melbourne.“The board took account of the forces leading to the trend to lower interest rates globally and the effects this trend is having on the Australian economy and inflation outcomes,” Lowe said in his statement Tuesday. It “will continue to monitor developments, including in the labor market, and is prepared to ease monetary policy further if needed.”The Australian dollar declined, trading at 67.06 U.S. cents at 4:15 p.m. in Sydney, compared with 67.48 cents before the decision.What Bloomberg’s Economists Say“The RBA continued to signal willingness to ease policy further, if needed. That should continue to keep a rein on the Australian dollar, further nurturing a recovery.”\--Tamara Mast Henderson, EconomistClick here for the whole reportTuesday’s cut is also designed to give maximum kick to a “gentle turning point” that Lowe says he sees in the economy following a year of weak growth. The governor is similarly trying to stem unemployment -- which climbed to 5.3% in August as a swelling labor force overwhelmed an increase in hiring -- and bolster consumer confidence in order to revive household spending.“Forward-looking indicators of labor demand indicate that employment growth is likely to slow from its recent fast rate,” Lowe said. “The economy still has spare capacity and lower interest rates will help make inroads into that.”Lowe wants to stoke the local economy hard to try to ensure its resilience. At 0.75%, the cash rate is close to the lower bound that he and Deputy Governor Guy Debelle estimate is around 0.25%-0.5%. Both have previously said they don’t expect to have to turn to bond buying and other alternative measures, as they wait and gauge the success of existing stimulus.“The Reserve Bank is likely to cut again early next year,” said Callam Pickering, economist at global jobs site Indeed. “Bank officials are reluctant to discuss quantitative easing but it becomes a real possibility the closer we come to a cash rate of 0%.”Lowe is scheduled to speak at the RBA board dinner later Tuesday, at 7.20 p.m. in Melbourne. There will be no Q&A session.(Updates with economist comments.)To contact the reporters on this story: Michael Heath in Sydney at email@example.com;Chris Bourke in Sydney at firstname.lastname@example.orgTo contact the editors responsible for this story: Nasreen Seria at email@example.com, Malcolm Scott, Chris BourkeFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
While labor & distribution costs, as well as foreign exchange headwinds are likely to affect RPM International's (RPM) fiscal Q1 results, cost-cut moves & higher pricing are expected to drive growth.