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Lowe's 1st-quarter profits off 18% - Read More

Date Added: May 20, 2008 06:12:02 AM
A struggling economy and continued turmoil in the housing market sent Lowe's first-quarter profits down 18 percent, the Mooresville-based home improvement chain announced Monday. The news is another sign of economic trouble far beyond regions initially hit by the housing slump, and reflects a larger downturn affecting consumers nationwide, Lowe's chairman and chief executive Robert Niblock ...

Category: Shopping » Home and Garden


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