86.18 +0.03 (0.03%)
After hours: 4:22PM EST
|Bid||85.00 x 800|
|Ask||88.59 x 1400|
|Day's Range||84.75 - 89.62|
|52 Week Range||79.11 - 117.70|
|Beta (3Y Monthly)||2.03|
|PE Ratio (TTM)||18.13|
|Earnings Date||Nov 20, 2018|
|Forward Dividend & Yield||1.92 (2.06%)|
|1y Target Est||118.07|
Jan Kniffen, J. Rogers Kniffen WWE, looks at the retail sector, which joined today's sell-off. Can a strong holiday season turn the sector around?
Stocks getting crushed again today as there's seemingly nowhere for traders to hide. Plus - Apple is a big laggard on the Dow as Goldman cuts estimates. It's the call of the day. And - Retail wreck? Strong earnings don't help as investors look to future performance. We have the latest. Plus - stocks getting smoked but do the technicals have anything positive to say? Brian Shannon reads the charts. Catch The Final Round at 3:00 p.m. ET with Jen Rogers and markets correspondent Myles Udland.
Lowe’s CEO Marvin Ellison said the retailer has completed a business review and identified a number of problems including complicated store processes.
It’s time for a slowdown in changes for Mooresville-based Lowe's Cos. Inc., CEO Marvin Ellison tells CBJ in an interview.
Lowe’s has more than 2,240 stores throughout North America, although Mexico accounts for the smallest chunk of the portfolio. There are currently 13 Lowe’s stores in Mexico. Lowe’s also said Tuesday that it would exit its contracting service, Alacrity Renovation Services, and its Iris Smart Home businesses in the U.S.
Lowe’s (LOW), Target (TGT), and Kohl’s (KSS) fell significantly in pre-market hours on November 20. As at 11:55 AM EST, Target, Kohl’s, Lowe’s, and L Brands (LB) stock fell 9%, 8%, 3%, and 12%, respectively.
A downbeat earnings forecast overshadowed the good news in the home-improvement retailer’s third-quarter report. But there’s still reason for investors to cheer.
U.S. homebuilding rose in October amid a rebound in multi-family housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higher. Building permits declined last month and homebuilding completions were the fewest in a year. Housing starts increased 1.5 percent to a seasonally adjusted annual rate of 1.228 million units last month.