A Lowe’s store stands in Brooklyn on February 27, 2024 in New York City. Spencer Platt | Getty Images Lowe’s topped Wall Street’s quarterly earnings and revenue expectations on Wednesday and said its sales slump should end in the year ahead. The home improvement retailer said it expects full-year total sales to range from $83.5 billion to $84.5 billion,…
Check out the companies making headlines in midday trading. Solventum — Shares surged roughly 10% after the health-care company announced it would sell its purification and filtration business to Thermo Fisher Scientific for $4.1 billion. The transaction is expected to wrap up by the end of 2025. Sempra — The utility stock plunged 20%. Sempra…
Check out the companies making headlines before the bell. Hims & Hers Health — Shares tumbled 22%. While the telehealth provider posted a fourth-quarter earnings and revenue beat , it said it would no longer be able to sell compounded versions of weight loss drugs after the first quarter. This comes after the Food and…
A Home Depot store in Louisville, Kentucky, on Aug. 14, 2023. Jon Cherry | Bloomberg | Getty Images Home Depot will report its fiscal fourth-quarter earnings on Tuesday, as higher interest rates and home prices challenge the housing market and dampen demand for do-it-yourself projects. The company is expected to release results around 6 a.m….
