Monday, May 21, 2007

UPDATE 1-Lowe's posts lower net, cuts year forecast

(Reuters) - Earnings came to $739 million, or 48 cents a share, for the
first quarter that ended May 4, down 12 percent from $841
million, or 53 cents share, a year earlier.




Analysts on average expected 49 cents a share, according to
Reuters Estimates.


Read more at Reuters.com Market News

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