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LOWE S COS INC
Banks' gross NPA's to stay range-bound at 2.0-2.2 per cent by March 2027 despite West Asia risks: CrisilIndian banks are likely to keep asset quality under control over the next two years, with gross non-performing assets (NPAs) projected at 2...
Biggest currency clampdown in decade risks backfiring for IndiaIndia's Reserve Bank of India has intervened to support the rupee, forcing local banks to unwind bearish bets. This move, while strengtheni...
Home Depot to buy pro supplier SRS Distribution for $18.25 billionSRS, based in McKinney, Texas, serves professional roofers, landscapers and pool contractors with a sales force of over 2,500 people at mor...
Wall St tumbles as Walmart, Home Depot forecasts disappointAt 10:02 a.m. ET, the Dow Jones Industrial Average was down 424.64 points, or 1.26%, at 33,402.05, the S&P 500 was down 47.46 points, or 1....
Shoppers in the US spend less, leaving companies that deliver goods empty for the holidaysA deluge of retailer earnings reflected shoppers paring back spending as inflation soars and recession fear mounts.
Lowe's hikes annual profits forecast due to higher prices and steady demandLowe's adds up to the annual profit forecast due to higher prices and steady demand for home improvement products. This is really surprisin...
Dow falls 1,000 points as inflation fears rattle Wall StreetThe Dow Jones Industrial Average shed 1,029 points, or 3.2%, with the average set for its first loss in four days. S&P 500 traded 3.6% lowe...
Fast moving consumption growth: Business has recovered rapidly, say consumer-facing MNCsAt Apple Inc, the India business has doubled in the past one year and the iPhone maker is optimistic about the future due to strong demand ...
Wall Street Week Ahead: Retailers set for earnings stage after inflation-sparked market turbulenceThe S&P 500 fell 4% from Monday through Wednesday, the biggest three-day swoon for the benchmark index since late October, after several mo...
Lowe's to hire over 50,000 workers for spring home-improvement rushThe company also said it would pay frontline workers about $80 million in additional discretionary bonuses, taking its total COVID-19 finan...
Nasdaq hits record high close due to tech rallyThe benchmark S&P 500 reached just shy of its Feb. 19 intraday record high after testing that level for much of last week, while the Dow Jo...
Dow Jones climbs as investors hold out for recovery; Nasdaq at 3-month highThe Dow Jones Industrial Average was up 381.54 points, or 1.58 per cent, at 24,588.40.
BlackBerry launches Z3 budget handsetThe Z3 is the first phone to be launched by BlackBerry since new CEO John Chen took the helm late last year.
Americans are spending more on homes nowShannon Burke is typical of many American shoppers these days. She's pouring money into her home and cutting back on everything else.
- Insured mortgage defaults top 80,000 in October
Defaults on privately insured US mortgages rose 35 per cent in October, and topped 80,000 for the first time.
- Dollar gains as corporate woes send stock lower
Dollar rose against most major currencies on Tuesday as US stocks tumbled on signs of further deterioration in key sectors of the economy.
- India Inc's US acquisition trip hits the slow lane
In the first half of 2008, India Inc's US-focused M& A activities have dropped 30% in value terms compared with the first half of 2007. Mak...