Lowe’s Companies, Inc. (NYSE: LOW) and American Express (NYSE: AXP) catch bullish trend

American Express up as Lowe's Companies, Inc. climbs higher

In brief: Lowe's Companies, Inc. (NYSE: LOW) quarterly reporting is not reached up to analysts' forecasts.

American Express Company (NYSE: AXP) began trading near 41.75 points, gaining +0.02 (0.05%). Lowe’s Companies, Inc. (NYSE: LOW) shares reached 20.13 points, having played +0.54 (2.76%).

U.S. home goods retailer Lowe’s Companies, Inc. (NYSE: LOW) reported an increase in net profit (for the second quarter with the end on 30 July) with $ 759 million, or 51 cents per share to $ 832 million or 58 cents per share. Analysts had expected klmpanii profit at 59 cents per share. Sales for the period under review rose by 3.8% to $ 14.36 billion at an average analysts’ forecast of $ 14.52 billion.

Anrey Torbinski
2010-08-16 13:55, Economics.

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