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The Latest Breaking News from Lowe

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

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.

Tribune News Service

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.

Roll Call

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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.

Investors Business Daily

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.

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.

Benzinga

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.

Investors Business Daily

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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.

Benzinga

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.

Investors Business Daily

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.

The Street

Dow Jones Rallies As Retail Sales Rise; Walmart Tumbles On Earnings

The Dow Jones rose as Powell noted his continued support for interest rate increases until prices start falling back toward healthy levels.

Investors Business Daily

Lowe's Earnings Mixed After Home Depot Stock Delivers Surprise Profit Gain

Lowe's earnings beat views early Wednesday but revenue fell short. On Tuesday, Home Depot earnings and sales defied estimates for a decline.

Investors Business Daily

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Benzinga

Robinhood And 3 Other Stocks Insiders Are Selling

US crude oil futures traded lower on Thursday. Investors, meanwhile, focused on some notable insider trades.

The Guardian - US

Revealed: top US corporations raising prices on Americans even as profits surge

A Guardian analysis uncovers how companies enriched themselves and their investors while boasting about jacking up prices

The Street

Nvidia, Lowe's Make Evercore List of Underrated Stocks

Evercore listed underrated stocks with higher revisions of earnings estimates and overrated stocks with lower estimate revisions.

Tribune News Service

‘War for talent’: Lowe’s expands educational benefits with debt-free college program

Lowe’s is expanding its college benefits, the latest move by a big employer to try to attract and keep talent in a tight labor market.

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The Street

This DIY Retailer May be Buying Back Too Much of its Stock

While stock buybacks are generally seen as a positive, they can put pressure on company balance sheets.

Investors Business Daily

Stock Market Near Session Lows At Midday; These Stocks Rally On Earnings

Stock market indexes reversed lower and the S&P 500 and Nasdaq threatened to undercut their previous lows.

Benzinga

Lowe's Delivered A Beat From Top To Bottom, BofA Says Company Is 'Attractive In This Environment'

Lowe’s Companies Inc’s (NYSE: LOW) execution remained strong and consistent in a challenging operating environment due to COVID-19, which indicates that the company can “invest further in its long-term initiatives including superior in-stock levels which are critical to Pros,” according

Benzinga

Mid-Morning Market Update: U.S. Stocks Open Higher; Lowe's Tops Q4 Expectations

U.S. stocks opened higher this morning after recording sharp losses on Tuesday. US President Biden late Tuesday announced sanctions on some Russian banks and individuals.

The Street

Lowe's Stock Jumps On Q4 Earnings Beat, 2022 Sales Outlook Boost

Lowe's followed Home Depot in posting stronger-than-expected holiday quarter earnings Wednesday as home improvement demand continues to accelerate.

Investors Business Daily

Lowe's Hikes 2022 Outlook But Boise Cascade Joins Home Depot Stock's Plunge

Home improvement chains, lumber suppliers all beat views. But Home Depot stock and its peers are selling amid warnings of pricing volatility, business uncertainties.

The Street

Walmart Makes a Move to Challenge Home Depot and Lowe's

Customers will be able to purchase home improvement services online or in-store.

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