United Kingdom  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Lowe's cuts full-year profit forecast as higher costs hurt first quarter

Reuters Wednesday, 22 May 2019
Lowe's Cos Inc cut its full-year profit forecast and reported disappointing first-quarter earnings on Wednesday, as higher costs and a push to catch up with larger rival Home Depot dented margins, sending its shares down 9%.
0
shares
ShareTweetSavePostSend
 
Credit: The Street - Published < > Embed
News video: What You Need to Know About the Markets Heading Into Memorial Day Weekend

What You Need to Know About the Markets Heading Into Memorial Day Weekend 05:40

Before you get your Memorial Day weekend started, Action Alerts PLUS senior portfolio analyst Jeff Marks and research analyst Zev Fima bring you the market news and analysis you need to close out the week. Jim Cramer and Katherine Ross will return on Tuesday, May 28. Theresa May's Resignation U.K....

You Might Like


Recent related videos from verified sources

Bank Stocks Have Underperformed. Investors Aren't Quite Buying Them Up: Analyst [Video]Bank Stocks Have Underperformed. Investors Aren't Quite Buying Them Up: Analyst

The banking sector, as a whole, has underperformed the market in 2019, and that may not be about to change. The SPDR S&P Banking ETF has risen 15.9% year-to-date, below the S&P 500's 19% gain. Banks..

Credit: The Street     Duration: 01:59Published

What Investors Should Look for In the Bank Earnings Reports, Democratic Debate [Video]What Investors Should Look for In the Bank Earnings Reports, Democratic Debate

Let's go over the earnings from the banks. Citigroup , Goldman Sachs , Real Money Stock of the Day Wells Fargo , and JPMorgan all reported earnings before the bell Tuesday, Oct. 15. JPMorgan..

Credit: The Street     Duration: 04:14Published


Recent related news from verified sources

J&J bumps up full-year profit view on strength of cancer drugs

Johnson & Johnson on Tuesday boosted its full-year adjusted profit forecast, as multi-billion dollar sales of its cancer drugs Darzalex and Imbruvica helped it...
Reuters

Abbott Labs misses revenue estimates, trims profit forecast

Medical device maker Abbott Laboratories reported quarterly revenue that fell just short of Wall Street estimates and trimmed the upper end of its full-year...
Reuters

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.