UPDATE 1-Lowe's, Target outlooks drag down other retailers

Newswire

(Adds retail index, analyst expectations, also adds further stocks in final paragraph) By Karen Jacobs ATLANTA, Sept 25 (Reuters) - Shares of Lowe's Cos Inc fell more than 5 percent on Tuesday after the home improvement retailer cut its profit forecast for this year amid the slumping U.S. housing market. Investors also dragged down other retail stocks as they digested news from Target Corp that sales at stores open at least a year for September would be well below its prior forecast ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Lowe's, Target outlooks drag down other retailers" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×