iBankCoin
Joined Nov 11, 2007
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Lowes Beats on The Bottom Line, But Gives Negative Guidance; $LOW

“MOORESVILLE, N.C. (AP) — Lowe’s Cos.’ first-quarter profit climbed 14 percent, as warmer weather helped boost sales. But the world’s second-biggest home improvement company lowered its full-year earnings forecast on Monday, saying it is still cautious on the housing market and economic conditions.”

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