Loews
5 Things to Watch This Week: 2 Cheap Tablets, Forgotten Retailers, Home Improvement, and Staples
9:30AM 11/14/2011
By Rick Aristotle Munarriz, The Motley Fool
Company News, Home Depot, Loews, Sears Holdings, Amazon.com, Stocks in the News
There's never a dull moment on Wall Street, especially when new tablets and old banks are in the way. Let's go over some of the items that will help shape the week ahead: The Kindle Fire, the Nook Tablet, and earnings reports from Sears, Gap, Hot Topic, Lowes Home Depot and Staples.
Lowe's to Close 20 Stores, Cut 1,950 Jobs
11:50AM 10/17/2011
Home-improvement retailer Lowe's says it will close 20 underperforming stores in 15 states and cut 1,950 jobs in a move that it says will allow it to focus on more profitable locations. Ten locations were closed Sunday; the other 10 will close in a month.
Retailers Ring Up Strong January Sales Despite Winter Storms
8:18AM 2/03/2011
Company News, Economy, Home Depot, Loews, M&T Bank, Wal-Mart Stores, Tiffany & Co, Target Corp, Retail
Major retailers are reporting surprisingly solid January revenue gains despite snowstorms that many feared would chill spending.
The reports offer encouraging signs that strength in consumer spending is being sustained after a robust holiday season.
As merchants reported their figures Thursday...
Lowe's Earnings Rise 2.7 Percent
7:26AM 5/17/2010
Lowe's Cos. says its first-quarter net income rose 2.7 percent as people spent more money on home-improvement projects and bought more big ticket items.
Daily Blogwatch: Is the Future of TV...TV?
8:30AM 5/04/2010
Among Wednesday's best stories for investors are: why does Yahoo CEO fire people in the mornings and what's ahead for Dendreon after FDA approval of its cancer drug?
Stocks in the News: Alcoa, Infosys, Intel
7:55AM 4/13/2010
Company News, Investing, H&R Block, Intel, Loews, Alcoa, Palm
The following is a round-up of news likely to affect stock prices today:
Alcoa (AA) reported a narrower net loss of $201 million, or 20 cents a share, but earned 10 cents a share after excluding charges, which was inline with analysts' average forecasts. Sales rose 18% to $4.89 billion, helped by...
Home Depot Returns to Profit, but 2010 Growth Still Looks Iffy
11:15AM 2/23/2010
Home Depot showed its first quarterly profit growth in more than three years and announced it will hike dividends. But executives also issued a conservative outlook for the year, saying housing is not out of the woods yet.
Cost Cuts Help Boost Lowe's Profit 27 Percent
7:26AM 2/22/2010
Lowe's Cos. says costs cuts and a modest sales gain helped its fourth-quarter profit rise 27 percent. The No. 2 home-improvement company also says it expects sales to rise as the housing market recovers. But its first-quarter earnings outlook fell short of analyst expectations.
Stocks in the news: Ford, Humana, CIT Group, Human Genome
9:00AM 11/02/2009
Company News, Investing, CIT Group, Fannie Mae, Ford Motor Co, General Electric , Goldman Sachs , Loews, Boeing, Bank of America, Wal-Mart Stores, Comcast, Human Genome, GlaxoSmithKline
Ford Motor Co. (F) is no doubt this morning's story. The automaker, the only one of the Big Three American car manufacturers that didn't take a direct government bailout and stayed out of bankruptcy protection, reported a surprising $1 billion profit Monday morning. Ford reported net income of $997...
Blue-chip dividend payer Home Depot has handle on housing crisis
10:20AM 9/16/2009
Ah, the housing bubble. How Home Depot (HD) must miss thee.
In 2003 -- or about the time it began to dawn on some then-dismissed Cassandras that folks were using their houses as automatic teller machines -- Home Depot booked $65 billion in sales (that's for its fiscal year ended February 2004)....
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