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Lowe's Profit Falls, Sees Housing Return in Mid 2010
Reuters| Markets
badly in the housing slump. It has also taken longer to implement cost controls to weather the downturn. Chief Executive Robert Niblock said he anticipated the housing market would start to recover by the middle of 2010, though the company has begun to see
Story|11/17/2009
Lowe's Backs Fiscal-Year View, Might Incur Charges
| FOXBusiness| Markets
operating efficiencies to become a more efficient company and better serve the needs of home improvement customers,” CEO Robert Niblock said in a statement. Shares of Lowe’s fell to $21.51 on the news in the premarkets after having closed at $21
Story|09/22/2009
Net Income Sliced in Half for J.C. Penney, Lowe's
| FOXBusiness| Markets
a further decline in consumer confidence and dramatic reductions in consumer spending," said Lowe’s Chairman and CEO Robert A . Niblock in a statement. "As a result, our comparable store sales for the quarter remained weak and fell at the low end of our expectations
Story|02/20/2009