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ID: 28235
Title: Lowe's says mortgage woes could affect some markets (Reuters)
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A Lowe's store in an undated image courtesy of the company. Lowe's reported lower quarterly profit on Friday as the battered U.S. housing market hurt sales. (Handout/Reuters)Reuters - The chairman of Lowe's Cos. Inc. , the second-largest U.S. home improvement retailer, warned on Tuesday that problems in the subprime mortgage sector may hurt its business in some areas.
Category: Business/
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Date Added: March 13, 2007 11:27:28 PM
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