Ryan's District Boards

RD Today => All the News => Business News => Topic started by: chris on May 19, 2008, 09:41:18 PM

Title: Reuters: Lowe's posts lower Q1 results, trims year view
Post by: chris on May 19, 2008, 09:41:18 PM
Lowe's posts lower Q1 results, trims year view
      


ATLANTA (Reuters) - Retailer Lowe's Cos Inc  reported an 18 percent drop in first-quarter profit on Monday as the slumping U.S. housing market and soft economy hurt sales, and it cut its full-year profit forecast, sending its shares lower.
<p><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=srdd9A" border="0"></img> (http://feeds.reuters.com/~a/reuters/businessNews?a=srdd9A)</p><div class="feedflare">
<img src="http://feeds.reuters.com/~f/reuters/businessNews?i=h7eufH" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=h7eufH) <img src="http://feeds.reuters.com/~f/reuters/businessNews?i=Yf98oh" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=Yf98oh) <img src="http://feeds.reuters.com/~f/reuters/businessNews?i=YFbrHh" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=YFbrHh)
</div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/293417330" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/293417330/idUSWNAS457620080519