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LOW News Highlights
- LOW's 30 day story count now stands at 26.
- Over the past 21 days, LOW's stories per day has been in a clear uptrend, growing by about 0.16 per day.
- LI, UL and BEAT are the most mentioned tickers in articles about LOW.
Latest LOW News From Around the Web
Below are the latest news stories about LOWES COMPANIES INC that investors may wish to consider to help them evaluate LOW as an investment opportunity.
Billionaire Bill Ackman Says Stick to High Quality Stocks; Here Are 2 Names That He Likes
There has been no respite for the markets since Fed Chair Jerome Powell took to the podium at Jackson Hole and suggested the central bank will do whatever it needs to do in order to tame inflation, and if more rate hikes are required – so be it. The market might have gotten a case of the heebee jeebees in response, but it’s a plan that billionaire hedge fund manager Bill Ackman thinks is going to work. By next year, the CEO and founder of Pershing Square Capital expects inflation will be slashed at least by half.
Why Lowe's Stock Was Crushing the Market on Wednesday
Worries about the health of the economy might be overblown, if the performance of DIY home improvement retailer Lowe's (NYSE: LOW) on Wednesday is any indication. In a note distributed late Tuesday afternoon, Morgan Stanley prognosticator Simeon Gutman waxed enthusiastic about the home improvement retail segment. Based on fresh calculations on the broader economy, Gutman is estimating that the segment will grow by 1.4% in 2023; as Lowe's and longtime rival Home Depot (NYSE: HD) are the two anchor companies in that space, both should benefit commensurately.
Lowe's partnering with Sleep in Heavenly Peace and more than 10,000 volunteers for annual 'Bunks Across America' event
This Saturday, Sept. 10, Lowe's is joining Sleep in Heavenly Peace (SHP) and thousands of volunteers for the fourth annual Bunks Across America event to build and deliver quality bunk beds to children and families in need.
Company News for Sep 7, 2022
Companies In The News Are: BBBY, SGFY, CVS, LOW, ILMN.
Lowe's announces $4.75B note offering
Lowe's prices $4.75B notes
After hours stock movers: Newell Brands, GitLab, Lowe's, Twitter
Top trending stocks in after-hours trading on September 6, 2022.
LOWE'S PRICES $4.75 BILLION NOTES OFFERING
Lowe's Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $1.0 billion of 4.400% Notes due 2025, $1.25 billion of 5.000% Notes due 2033, $1.5 billion of 5.625% Notes due 2053 and $1.0 billion of 5.800% Notes due 2062 (collectively, the "Notes"). Lowe's plans to use the net proceeds from the sale of the Notes for general corporate purposes. Closing is expected to occur on September 8, 2022, subject to satisfaction of customary closing conditions.
Stocks moving in after hours: Newell Brands, GitLab, Lowe's, Twitter
Yahoo Finance Live's Seana Smith checks out several trending stocks in the after-hours trading session.
Australia’s Central Bank Raises Key Rate to Seven-Year High, Signals More to Come
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