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Lowe’s Beats Expectations, Raises Guidance, Spends $8.8 Billion To Boost Pro Customer Offerings
Lowe’s reported better-than-expected sales and earnings, and announced the $8.8 billion acquisition of Foundation Building Materials. Latest Ratings for LOW Date Firm Action From To Feb 2022 Telsey Advisory Group Maintains Outperform Feb 2022 OTR Global Upgrades Mixed Positive Feb 2022 Gordon Haskett Upgrades Accumulate Buy View More Analyst Ratings for LOW View the Latest…
Lowe’s Raises Outlook, Expands Pro Reach With $8.8 Billion Acquisition
Lowe’s reported strong Q2 results with net earnings of $2.4B, adjusted diluted EPS of $4.33, and sales of $23.96B. The company also announced the acquisition of Foundation Building Materials for $8.8B. read more
Carvana Stock Is Sliding Wednesday: What’s Driving The Action?
Carvana Co (NYSE:CVNA) shares are trading lower Wednesday after Hertz Global Holdings Inc (NASDAQ:HTZ) announced that it will sell certified used cars on Amazon.com Inc (NASDAQ:AMZN) Autos. read more
Top Air Force Officer To Retire Early Amid Trump’s Military Reshuffle—’Certainly Not His Choice’
Gen. David Allvin, the chief of staff of the Air Force, is set to retire two years ahead of schedule. This announcement, made on Monday, adds to the growing list of high-ranking military exits under the Trump’s administration. read more