UPDATE 2-Lowe's warning drags down other home stocks

Newswire

(Updates prices, adds more home stocks) By Karen Jacobs ATLANTA, Sept 25 (Reuters) - Lowe's Cos Inc shares fell more than 6 percent on Tuesday after the home improvement retailer cut its profit forecast for this year amid the slumping U.S. housing market. Other retailers and home-related stocks fell as the warning and news of a slide in U.S. existing-home sales suggested the housing sector still faces challenges. A warning by Target Corp that sales for September at stores opened at ...

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