Thursday, September 28, 2006

Market Watch - "Lowe's cuts profit estimate to lower end of forecast" (9-26-06)

"Home-improvement-goods retailer Lowe's Cos. said it now expects profit for the year that's toward the lower end of its prior view, citing consumer pressures such as a lackluster housing market and high energy costs, and it conceded Tuesday that it expects weakness to continue into next year."

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