Lowe's posts lower net, cuts year forecast (Reuters)

[riky]

Lowe's posts lower net, cuts year forecast
    (Reuters)

 

<p>You are not allowed to view links. Register or LoginReuters - Retailer Lowe's Cos Inc  
reported an 18 percent drop in first-quarter profit on Monday
as the slumping U.S. housing market and softer economy hurt
sales, and it cut its full-year profit forecast, sending its
shares down 3 percent.</p><br clear="all"/>


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