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USA Stock Report

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Boston, MA, 02/27/2014 – Lowe’s Companies, Inc. (NYSE:LOW) reports strong fourth quarter earnings. The company has seen strong growth in this sector following a revival of sorts in the US housing sector. The company had earlier in the third quarter too reported healthy returns as well, riding on adjusted earnings of 19.2%. The earnings for this quarter have...

Boston, MA, 02/27/2014 – Lowe’s Companies, Inc (NYSE:LOW) rose strongly yesterday after it posted the much awaited fourth quarter numbers and its plans of share buyback. The home retailer’s shares have been on a lift after its rival Home Depot impressed the Wall Street with a robust growth in the fourth quarter and Lowe was also expected to follow the...

Boston, MA, 02/26/2014  (usastockreport) – The Western Union Company (NYSE:WU) stands to face a probe from The Federal Trade Commission and a Pennsylvania district attorney’s office in connection to fraud induced money transfers. On Monday, the company disclosed through its regulatory filings that it has received a civil investigative demand from the FTC as well...

In early August we reported that RONA Inc. (TSX:RON) had rejected an unsolicited takeover bid by U.S.-based Lowe’s Companies, Inc. (NYSE:LOW), but that Lowe’s refused to go away quietly. Lowe’s publicly announced its offer and RONA’s rejection in an effort to give RONA’s shareholders an opportunity to evaluate the offer for themselves and hopefully...

On Tuesday, it was announced that RONA Inc. (TSX:RON) had rejected an unsolicited $1.8 billion takeover bid by U.S.-based Lowe’s Companies, Inc. (NYSE:LOW). Quebec’s provincial government also announced its opposition to the proposal because it did not want RONA, a major employer in Canada, to fall into foreign hands.   RONA is “the largest Canadian distributor...