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Lowe's shares jump as higher-spending customers drive profit beat

Reuters Wednesday, 21 August 2019
Lowe's Cos Inc shares surged over 11% on Wednesday as the home improvement chain's efforts to focus on higher-spending customers helped it beat quarterly profit estimates and gain ground on larger rival Home Depot Inc .
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News video: Target surges on same-day service

Target surges on same-day service 01:11

Target shares jumped over 18% to a record high after reporting surging profit, revenue, and same-store sales. As Fred Katayama reports, its investments in faster deliveries are paying off, attracting new customers and beefing up digital sales.

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