Market Update: Lowe’s (NYSE:LOW), NASDAQ OMX (NASDAQ:NDAQ), NYSE Euronext (NYSE:NYX), DuPont (NYSE:DD)
May 16, 2011 at 10:52 AM EDT
Lowe’s (NYSE:LOW) the Mooresville, N.C., home-improvement retailer, reported fiscal first-quarter net income fell 5.7% on 1.6% lower net sales and 3.3% lower comparable-store sales. For the quarter ended April 30, profit was $461 million compared with $489 million in the year-earlier quarter. Earnings per share were 34 cents in both periods. Shares outstanding fell . . . → Read More: Market Update: Lowe’s (NYSE:LOW), NASDAQ OMX (NASDAQ:NDAQ), NYSE Euronext (NYSE:NYX), DuPont (NYSE:DD)