Lowe’s Companies, Inc. (NYSE:LOW) Shares Purchased by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC boosted its stake in Lowe’s Companies, Inc. (NYSE:LOW) by 58.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 5,474 shares of the home improvement retailer’s stock after purchasing an additional 2,026 shares during the period. Flagship Harbor Advisors LLC’s holdings in Lowe’s Companies were worth $908,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Lowe’s Companies during the second quarter worth $26,000. PrairieView Partners LLC acquired a new position in Lowe’s Companies during the 2nd quarter worth about $26,000. CVA Family Office LLC purchased a new position in Lowe’s Companies during the 1st quarter valued at about $29,000. Financial Management Professionals Inc. acquired

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Bull of the Day: Lowe’s Companies (LOW)

As the Covid-19 pandemic stretches past its 200th day and Americans remain mostly in their homes as much as possible, there have been many winners and losers in the business world. The losers have been businesses that rely in in-person interactions for a significant portion of their revenues. Travel, leisure and entertainment have all suffered mightily.

Technology and technology services like video conferencing and file sharing companies that allow people to work at home more efficiently have been the obvious winners.

There have also been winners in lower-tech industries that suddenly find their goods and services in increased demand – and customers who’s lack of recent spending on recreational pursuits has left them with additional cash in their budgets.

Have you been to a home improvement store lately? With the exception of physical formats that have been tweaked to promote social distancing, you’ll probably find that it looks pretty

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DoorDash adapts corporate delivery program for companies working from home

  • DoorDash is expanding its corporate delivery offerings to adapt to working conditions during the coronavirus pandemic.
  • Fear of spiking cases during the winter has pushed some companies to postpone their return to their office buildings until next spring.



text: Sign reading We Deliver on Doordash in a restaurant setting, San Ramon, California, April 17, 2020.


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Sign reading We Deliver on Doordash in a restaurant setting, San Ramon, California, April 17, 2020.

DoorDash on Wednesday said it is expanding its corporate delivery offerings as the coronavirus pandemic keeps many office buildings empty.

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Its subscription program DashPass will include corporate members, giving employees unlimited free delivery and reduced service fees. Companies can also offer meal credits to their employees to expense meals deliverd by DoorDash or its subsidiary Caviar. Group ordering capability and employee gift cards are also part of the delivery company’s corporate business, now available to employees working remotely.

DoorDash said that more than 4,000 businesses have already signed on to

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Q3 2021 Earnings Estimate for Lowe’s Companies, Inc. Issued By Piper Sandler (NYSE:LOW)

Lowe’s Companies, Inc. (NYSE:LOW) – Analysts at Piper Sandler upped their Q3 2021 earnings estimates for Lowe’s Companies in a report released on Monday, October 5th. Piper Sandler analyst P. Keith now anticipates that the home improvement retailer will post earnings of $1.99 per share for the quarter, up from their previous forecast of $1.90. Piper Sandler also issued estimates for Lowe’s Companies’ FY2021 earnings at $8.68 EPS, Q3 2022 earnings at $2.16 EPS and FY2022 earnings at $8.89 EPS.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $3.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.95 by $0.80. The firm had revenue of $27.30 billion during the quarter, compared to the consensus estimate of $24.24 billion. Lowe’s Companies had a return on equity of 228.17% and a net margin of 7.12%. The business’s revenue

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Lowe’s Companies (NYSE:LOW) Receives New Coverage from Analysts at BNP Paribas

BNP Paribas initiated coverage on shares of Lowe’s Companies (NYSE:LOW) in a research report sent to investors on Monday, Briefing.com reports. The firm issued a neutral rating and a $159.00 price target on the home improvement retailer’s stock.

LOW has been the subject of a number of other reports. Nomura Instinet increased their price target on shares of Lowe’s Companies from $130.00 to $146.00 and gave the stock a buy rating in a research note on Tuesday, June 23rd. Piper Sandler raised their target price on shares of Lowe’s Companies from $170.00 to $185.00 in a research note on Thursday, August 20th. Jefferies Financial Group raised their target price on shares of Lowe’s Companies from $193.00 to $205.00 in a research note on Wednesday, August 26th. Goldman Sachs Group raised their target price on shares of Lowe’s Companies from $149.00 to $176.00 and gave the company a buy rating in

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11 virtual fitness companies vying to compete with Peloton’s winning membership model and cash in on the at-home exercise boom

  • On-demand and virtual fitness has never been more popular, as the pandemic drastically changes the way Americans stay fit. 
  • While Peloton continues to dominate the at-home fitness market, several digital fitness programs — both new and existing — are looking to cash in on the on-demand exercise boom. 
  • We took a closer look at 11 of the most popular virtual fitness membership programs. 
  • Visit Business Insider’s homepage for more stories.

 

Gone are the days of traditional gym memberships, as Americans enter the era of the virtual, at-home fitness movement buoyed by the pandemic.

On-demand fitness platforms have never been so popular, nor so ubiquitous. Though digital fitness has been on the rise in recent years, the coronavirus outbreak has put fledgling virtual companies on the map while prompting the rise of a slew of new platforms designed to help Americans stay fit while cooped up at home. 

These programs vary

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Home repair companies, City of Phoenix help rebuild resident’s home after fire

Phoenix homeowner Mary Chavez thought a day like today would never come.

After a gas water heater fire nearly destroyed her home last year, Mary’s been without power or a ceiling over her kitchen for eight months. 

Chavez says she was relieved when total strangers stepped up to rebuild her broken home.

“I’m very thankful,” she said. “I never thought it would be this much.”

Local home repair companies teamed up with the City of Phoenix for “Building Safety Month,” coming together to give back to those in need.

“We’re rebuilding the roof structure that weak[sic] before we put the new roof down,” said Don Councilor. “We’ve got the engineering and repairs done and we had it inspected. Now, we’re just replacing bad parts

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Who’s hiring? These companies

The pandemic sent the United States into one of the steepest economic contractions in history, but some businesses are pulling through — and even thriving during this time of adversity. Some are hiring thousands of employees to keep up with their fast-paced growth.As the holiday season approaches, many companies are bringing in seasonal employees to boost staffing in their stores. Here’s who’s hiring:AmazonAmazon had several hiring announcements in September. The company was looking to hire 33,000 new employees for corporate and tech jobs and held a Career Day to facilitate new hiring. The tech giant also announced that it was hiring 100,000 people for $15-per-hour jobs.FedExFedEx said it plans to hire 70,000 workers — the majority of them seasonal employees — as it gears up for the holidays. The company also announced that it’s going to increase its shipping rates starting in January 2021.Party CityAs Halloween approaches, Party City is … Read More

Calgary renovation companies bring awards hardware home

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“There can be a lot of structural tie-ins — a lot of engineering that needs to be done. And it’s important to find a contractor you’ll be best suited with, who shares your beliefs. It’s a team effort between client and builder,” he says.

The planning and design department at Ultimate is preparing for work scheduled to begin the first week of January. Ritchie says he’s getting calls right now from people who want a kitchen done by Christmas, but he stresses the importance of doing the homework.

“People who accept our advice are happier in the end,” he says, with a grin.

Cold weather renos can be challenging, but Garth McDaniel of Allenbrook says that as long as things are reasonably warm, there’s no specific time to start.

“It’s whenever people are ready to engage,” he says.

Lytle has seen another shift since the double whammy

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More PPP loan questions after companies paid dividends, bought their own stock

Under the Small Business Administration rules, a PPP loan could be used only to meet payroll and pay mortgage interest, leases or utility bills. PPP loan recipients weren’t prohibited from paying investors with other funds, as long as the PPP funds were kept separate.

Still, some advocacy groups believe that companies that had enough cash on hand to pay millions in dividends and stock purchases were unlikely to qualify for the PPP program, which was designed to assist troubled companies in keeping employees on the payroll during weeks when they were unable to do business because of pandemic-related lockdowns.

“The Trump administration wrote the PPP rules and sent billions of dollars to the well-resourced and well-connected rather than actual small businesses struggling during this public health and economic crisis,” said Kyle Herrig, president of an advocacy group called Accountable.US. “The fact that there was little transparency or accountability under this

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