Marvin Ellison

A second-quarter earnings report from Lowe's Companies (NYSE:LOW) Tuesday before the market open could be closely watched by investors and analysts for clues on consumer spending on home repairs and the impact it could have on the housing sector.   Lowe’s Earnings Estimates: Analysts...

Jim Cramer has advised investors to look beyond the numbers in financial reports, saying that the current method of reporting is leading to false judgments. What Happened: Cramer, on his show “Mad Money,” emphasized the need to read between the lines during earnings season. He pointed...

As housing data continues to roll in, Tuesday's Existing Home Sales figure offers a mixed picture of the U.S. market. The existing home sales print, alongside factors including the earnings reports from homebuilder giants and home improvement bellwethers can offer investors a clear sight into what...

Lowe's Companies Inc (NYSE: LOW) is trading higher Wednesday after the company reported better-than-expected fourth-quarter financial results and raised guidance above estimates.  Lowe's reported quarterly revenue of $21.34 billion, which beat the $20.87 billion estimate. The company...

Lowe's Companies Inc (NYSE: LOW) is trading lower Wednesday morning after the company issued full-year 2021 and full-year 2022 guidance. Lowe's expects 2021 revenue to come in around $95 billion. The company expects 2022 earnings to be in a range of $12.25 to $13 per share versus...

Insider buying can be an encouraging signal for potential investors during periods of uncertainty. The CEO of an apparel company has stepped up to the buy window. A notable director doubled his stake in a delivery services giant. Conventional wisdom says that insiders and 10% owners really only...

Lowe's Companies Inc (NYSE: LOW) had a comeback quarter that left analysts optimistic about the rest of the year as the home improvement chain tries to catch up to rival Home Depot Inc. (NYSE: HD). Lowe’s beat analysts’ earnings estimates by 14 cents and won praise for strong...

Home improvement retailer Lowe's Companies, Inc. (NYSE: LOW) reported fourth-quarter results Wednesday morning that were highlighted by an earnings beat, but sales came in slightly lower than forecasted. Nagel: Lowe's Catching Up To Home Depot Lowe's reported its comps rose 1.7 percent...

Lowe's Companies, Inc. (NYSE: LOW) this week hosted an analyst day presentation in which management, under new CEO Marvin Ellison, offered a "compelling roadmap" of growth, according to Wedbush. The Analyst Wedbush's Seth Basham maintains a Neutral rating on Lowe's with...

Home improvement retailers remain Credit Suisse's best sector from a structural perspective, and the sell-side firm's expectations for earnings growth remain unchanged. Yet the firm said Wednesday that it sees less EPS upside over the next year versus current estimates, triggering a...

General Electric Company (NYSE: GE) kicked off the month by deposing CEO John Flannery. By unanimous vote, Larry Culp succeeded the former chief just one year into his reign. The following day, J C Penney Company Inc (NYSE: JCP) named Jill Soltau CEO after Marvin Ellison left in May. GE surged up...

Lowe's Companies, Inc. (NYSE: LOW) and rival Home Depot Inc (NYSE: HD) have released their respective earnings reports, which shows Home Depot is the better company but Lowe's is the better stock to own, according to Oppenheimer. The Analyst Oppenheimer's Brian Nagel talked Lowe's...

Lowe's Companies, Inc. (NYSE: LOW), under the leadership of new CEO Marvin Ellison, is headed in the right direction and investors should be buyers of the stock, according to KeyBanc. The Analyst KeyBanc Capital Markets' Bradley Thomas maintains an Overweight rating on Lowe's with...

Marvin Ellison, credited by Bloomberg with playing a vital role in Home Depot Inc (NYSE: HD)'s turnaround, was named as Lowe's Companies, Inc. (NYSE: LOW)'s new CEO Tuesday.  What Happened Ellison left Home Depot to serve as J C Penney Company Inc (NYSE: JCP) CEO-...

Shares of J C Penney Company Inc (NYSE: JCP) plummeted more than 25 percent early Friday morning and hit a new all-time low of $2.70 after the department store provided an update on its third-quarter performance and full-year guidance. JC Penney guided its third-quarter comparable-store sales to...