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Lowe’s Companies, Inc Provides Funds for Japan Relief Efforts – NYSE:LOW

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Lowe’s Companies, Inc NYSE:LOW recently announced that company will donate $1 million to support the Red Cross Japan Earthquake and Pacific Tsunami relief effort that is assisting victims in Japan. Lowe’s Canada website, Lowes.ca and Lowes.com, will also serve as donation points for customers who wish to contribute to the American Red Cross and Canadian Red Cross, making it convenient for people who want to join Lowe’s in making a difference.

Lowe’s Companies, Inc NYSE:LOW on March 18, 2011 increased 0.46% with the closing price of $26.20. The overall volume in the last trading session was 19.76 million shares. Its fifty two week range was $19.35-$28.54. The total market capitalization remained $36.16 billion.

The LOW share price is above from its 52 week low with 36.71% and going below from its 52 week high price with 6.81%. The current quarter performance included 3.39% however company’s current year earnings per share increased with 18.50%. The LOW stock price is moving forward from its 20 days moving average with 0.17% and it is going above from its 50 days moving average with 3.26%.

LOW has its stock institutional ownership included 74.33% while the stock insider ownership remained 0.19%. In its share capital LOW has 1.38 billion shares outstanding while 1.35 billion shares have been floated in market exchange while the last month share price volatility included 2.60%. The market risk identifying beta coefficient recorded 0.99.

Lowe’s Companies, Inc. (Lowe’s) is a home improvement retailer. As of January 29, 2010, the Company operated 1,710 stores, consisted of 1,694 stores across 50 United States states and 16 stores in Canada. Its 1,710 stores represent approximately 193 million square feet of retail selling space. The Company serves homeowners, renters and commercial business customers. Homeowners and renters primarily consist of do-it-yourself (DIY) customers and do-it-for-me (DIFM) customers who utilize its installed sales programs, as well as others buying for personal and family use. Commercial business customers include those who work in the construction, repair/remodel, commercial and residential property management, or business maintenance professions. During the fiscal year ended January 29, 2010 (fiscal 2009), it opened 62 stores, including five Canadian stores.

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