Lowe's 4Q profit falls
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Profit at Lowe's Cos. fell 11.5 percent in the fourth quarter but beat analysts' expectations, and investors Friday rewarded the home improvement retailer.
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Brown Shoe Co. Inc.  said on Thursday quarterly profit fell, hurt by a charge and lower-than-expected sales in its wholesale division.
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Stocks fell on Tuesday as disappointing results from Home Depot Inc.  overshadowed stronger-than-expected profit at Wal-Mart Stores Inc.  and several major takeover announcements.
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Hershey Co  on Thursday posted a sharp drop in quarterly profit, hurt by sluggish sales, restructuring charges and soaring costs for ingredients.
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Wells Fargo & Co  on Wednesday said fourth-quarter profit fell, the first decline in more than six years, hurt by rising losses from home equity loans.
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The wood products company said Thursday that its fourth-quarter profit fell sharply from a year ago, when it posted a big gain from the sale of forest land.
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Appliance maker Whirlpool Corp. WHR.N  on Thursday reported a 22 percent drop in fourth-quarter profit  as steel and oil costs rose, sending its shares down more than  4 percent.
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Home improvement retailer Lowe's Cos.  LOW.N on Monday reported a 15 percent rise in third-quarter  profit, aided by its expansion to New York and other big U.S.  markets, but its stock slumped on a disappointing outlook.
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Lowe's Cos. LOW.N, the world's No. 2  home improvement retailer, on Monday reported an 18 percent  increase in second-quarter profit and said earnings for the  rest of the year would top current estimates.
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Dow Chemical Co  said on Tuesday that fourth-quarter earnings fell, hurt by weak U.S. housing and auto markets, spiraling energy and raw material costs, and one-time restructuring charges.
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The power company said fourth-quarter profit fell to $271 million, hurt by discontinued operations and higher plant maintenance costs.
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Dow Chemical Co  said on  Tuesday that fourth-quarter earnings fell, hurt by weak U.S.  housing and auto markets, spiraling energy and raw material  costs, and one-time restructuring charges.
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Home improvement retailer Lowe&#39;s Cos. (LOW.N: Quote, Profile, Research) on Monday reported a 15 percent rise in third-quarter profit, aided by its expansion to New York
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The aluminum maker said second-quarter profit slipped nearly 4 percent as outage costs at two smelters weighed down results.
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Weak home and hardware sales drive lower fourth-quarter profits.
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CHARLOTTE, N.C., Nov. 20  Â LoweÂs, the nationÂs second-largest home-improvement retailer, reported an increase in third-quarter profit of nearly 11 percent on Monday and warned that its fourth-quarter results would be weaker than expected.
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Wells Fargo & Co  on Wednesday  said fourth-quarter profit fell, the first decline in more than  six years, hurt by rising losses from home equity loans.