NEW YORK (AP) — Lowe’s fiscal fourth-quarter net income rose 6 percent, as the home-improvement retailer continued to benefit from the housing market’s recovery.
The company also announced a new $5 billion stock repurchase program on Wednesday. Shares of the company rose nearly 6 percent in morning trading.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.