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Lowe's Companies Inc (LOW.N)

LOW.N on New York Stock Exchange

93.25USD
16 Nov 2018
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$-0.43 (-0.46%)
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Mon, Nov 5 2018

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Lowe's shuts 51 stores in U.S. and Canada

Home improvement chain Lowe's Companies Inc announced the closure of another 51 underperforming stores in the United States and Canada on Monday as it strives to compete with rival Home Depot Inc in a slowing housing market.

UPDATE 3-Lowe's shuts 51 stores in U.S. and Canada

Nov 5 Home improvement chain Lowe's Companies Inc announced the closure of another 51 underperforming stores in the United States and Canada on Monday as it strives to compete with rival Home Depot Inc in a slowing housing market.

Lowe's new chief shuts Orchard stores, promises streamlining

Lowe's Cos Inc on Wednesday promised to cut back slow-moving products and unsuccessful business projects as new Chief Executive Marvin Ellison seeks to turn around a company that has trailed bigger rival Home Depot for years.

Lowe's same-store sales misses estimates, shares drop

Aug 22 Lowe's Cos Inc missed estimates for quarterly same-store sales on Wednesday as the home improvement retailer bore the brunt of a slowdown in the U.S. housing market, sending its shares down 4 percent.

Lowe's to scrap four positions including chief operating officer

July 9 Home improvement chain Lowe's Cos Inc said on Monday it would eliminate several key positions including chief operating officer.

Ackman makes roughly $1 billion bet on Lowe's

Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe's , revealing his third large investment this year. | Video

UPDATE 7-Ackman makes roughly $1 billion bet on Lowe's

May 23 Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe's, revealing his third large investment this year.

Lowe's same-store sales miss estimates

May 23 U.S. home improvement retailer Lowe's Companies Inc missed analysts' forecasts for quarterly same-store sales on Wednesday as an uncharacteristically long winter hit demand.

UPDATE 3-J.C. Penney CEO Ellison jumps ship to Lowe's; shares sink

May 22 J.C. Penney's Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe's Cos Inc, the companies said on Tuesday, sending shares in the U.S. department store chain down as much as 8 percent to an all-time low.

BRIEF-Lowe's Says Annual Base Salary Rate Of $1.45 Mln For Newly Appointed CEO

* LOWE'S COMPANIES SAYS ANNUAL BASE SALARY RATE OF $1.45 MILLION FOR NEWLY APPOINTED CEO MARVIN ELLISON - SEC FILING Source text: (https://bit.ly/2ICO1DK) Further company coverage:

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