Lowe’s curbs expansion as consumers stay away
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August 17th, 2009
| Category: Industry News
By Dhanya Skariachan BANGALORE (Reuters) - Lowe’s Cos posted a 19 percent drop in quarterly profit on Monday and forecast current-quarter earnings below Wall Street estimates as consumers put off big home projects, sending its shares down more than 8 percent. The second-largest home improvement retailer behind Home ...Read More