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☆ This trade wins if interest rates stay high and hurt the housing market
▼ + stars: | 2024-04-02 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

To profit from this possibility, here's an options trade that bets against the housing market. US10Y YTD mountain U.S. 10-year Treasury yield so far in 2024 I'm contemplating a bearish trade on Lowe's (LOW) within the consumer discretionary sector. DMI (Directional Movement Index): When the DI+ (green line) is above DI- (red line), the stock is in an uptrend. The trade structure I am using here is called a "bear put spread" also known as "put debit spread". If LOW trades at or below my short strike by the expiration date, this trade can yield a 100% ROI on the amount risked.

Persons: I'm, I've Organizations: Federal, Treasury, Lowes Locations: US10Y

☆ Morning Bid: Catching breath as Nvidia update due
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 17, 2023. The dollar (.DXY) continued to fall, however, with its DXY index down for the fourth day to its lowest since August. Dollar losses were broad based, but China's yuan appeared to lead the way to its strongest level since July 27. In Europe, sterling pushed higher ahead of expected tax cuts at Wednesday's budget speech from UK finance minister Jeremy Hunt. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Sam Altman, OpenAI, hoover, LSEG, Jeremy Hunt, Siena, Christine Lagarde, Isabel Schnabel, Susan Fenton Organizations: New York Stock Exchange, REUTERS, Microsoft, Tech, Nvidia, St, Wall, Treasury, Reserve, Bank of, Monday, Philadelphia Federal, European Central Bank, ECB, Lowes, Autodesk, Devices, Jacobs Solutions Reuters Graphics Reuters, Reuters, Thomson Locations: New York City, U.S, Bank of China, China, St, Europe, Britain, Italy, Chicago, Canada

☆ Walmart is stripping some stores of self-checkout lanes and bringing back cashiers
▼ + stars: | 2023-09-28 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Walmart is pulling self-checkout lanes from at least three stores in Albuquerque, New Mexico. AdvertisementAdvertisementWalmart is pulling self-checkout lanes from at least three stores, requiring shoppers to have an employee ring up their orders. The three stores losing self-checkout are at 400 Eubank NE, 2701 Carlisle NE, and 2266 Wyoming NE, the Albuquerque Journal reported. Walmart shoppers can opt for full-service or they can scan and pay by themselves in the company's new front-end layout. When a separate Albuquerque Walmart closed in March, the company cited "underperformance," but several shoppers told Insider the location was routinely targeted by criminals.

Persons: —, Josh Havens, Matt Kelley, Kelly Organizations: Walmart, Service, Eubank, Albuquerque Journal, CTV, Albuquerque Walmart, Police, Costco, Tractor Supply, LiveView Technologies Locations: Albuquerque , New Mexico, Carlisle, Wyoming, Ottawa , Ontario, Albuquerque

☆ Santa better get a T- shirt because summer has claimed Christmas
▼ + stars: | 2023-08-20 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +6 min

Stores have been pushing up Christmas merchandise earlier and earlier in recent years. In 2021, Amazon and Walmart, afraid of tepid consumer demand because of the pandemic, initiated holiday sales as early as October. The same pattern was repeated last year, effectively elongating the year-end holiday shopping season. “I expect an ever-growing holiday season is here to stay, at least for the foreseeable future,” said Zak Stambor, senior retail & ecommerce analyst with Insider Intelligence. Among the festive items were Christmas tree ornaments, festive ribbons, plush elves and tabletop ornaments.

Persons: can’t, Don’t, ”, Zak Stambor, Nikki Baird, Stambor, here’s, we’ve, ” Lowe's, Lowe’s, “ Organizations: New, New York CNN, Walmart, Labor, Insider Intelligence, ” Industry, Amazon, Depot, Lowe’s, CNN, Costco Locations: New York, Amazon, “, Santa

New York CNN —A 68-year-old woman has her job back after she was fired last month for attempting to stop shoplifters at a Lowe’s store in Georgia. “The Lowes (sic) employee, Donna Hansbrough was fired for attempting to stop the theft,” the post said. “After senior management became aware of the incident and spoke to Donna Hansbrough today, we are reinstating her job and we are pleased that she has accepted the offer to return to Lowe’s,” Lowe’s said. In Kansas, Kansas Attorney General Kris Kobach, a Republican, said retail crime is a “spiraling problem,” adding that Kansas and Missouri are among the top 10 states in the nation for the volume of retail crime. “There is a link between drug trafficking and organized retail crime,” Kobach told lawmakers in June.

Persons: Donna Hansbrough, Lowes, “ Lowes, Donna, ” Lowe’s, Hansbrough, “, Kris Kobach, Kobach, ” Kobach, ”, Read Hayes, they’ve, Lululemon Organizations: New, New York CNN, Rincon Police Department, Lowes, CNN, Retailers, National Retail Federation, Republican, Kansas, “, University of Florida, Prevention Research Council, Walmart, “ Retailers Locations: New York, Georgia, Rincon, San Francisco, America, In Kansas, Kansas, Missouri, Peachtree Corners , Georgia

☆ Stocks making the biggest moves premarket: Home Depot, Capital One, Dish Network & more
▼ + stars: | 2023-05-16 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Check out the companies making headlines in premarket trading. Dish Network — The satellite TV provider added 5.2% in premarket trading after director James DeFranco disclosed the purchase of 3 million shares. Home Depot , Lowes — The home improvement retailers lost 3.5% and 2.8% in premarket trading on Tuesday, after Home Depot reporting the biggest revenue miss in over 20 years. The company reported revenue of $37.26 billion against a Refinitiv consensus forecast of $38.28 billion. Sea Limited — Shares shed nearly 8% after the Singapore-based technology company reported earnings before the open.

☆ Home Depot says its $1 billion boost to wages has already improved customer satisfaction and worker safety – a bright spot in an otherwise gloomy Q1
▼ + stars: | 2023-05-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Home Depot says the $1 billion boost to worker pay that it announced earlier this year is already yielding results. The move has led to better staffing, which has improved customer satisfaction and worker safety, the company told investors. In spite of a gloomy financial forecast, the company says the investment in employees is locked in. Campbell said the wage boost has enabled Home Depot to hire top-tier workers across the US — and keep them for longer, even as labor turnover remains high in the retail industry. If you are a Home Depot worker who wants to share your perspective, please contact Dominick via email or Signal 646.768.4750.

☆ More than 2 million Cosori air fryers recalled after reports of the kitchen appliances 'catching fire, burning, melting'
▼ + stars: | 2023-02-23 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

A California company is recalling 2 million Cosori air fryers, US product safety officials announced Thursday. The recalled air fryers were reported as "catching fire, burning, melting." "Consumers should immediately stop using the recalled air fryers and contact Cosori to receive their choice of a free replacement air fryer or another Cosori product," the commission said. The agency said a "wire connection in the air fryers can overheat, posing fire and burn hazards." About 2 million of the air fryers have been sold in the US, while about 250,000 were sold in Canada and 21,000 in Mexico.

☆ Lowe's says it has taken 'prompt action' after a viral TikTok showed an employee screaming for help after others encouraged them to retrieve a giant box with a store lift
▼ + stars: | 2023-02-17 | by ( Ben Tobin | ) www.businessinsider.com time to read: +2 min

A viral TikTok with 2.7 million views shows a Lowe's employee nearly being crushed while struggling to retrieve a large box from a high shelf. In the TikTok, the employee screams in pain and pleads for help when carrying the object down a lift. "Help, help," the employee screamed. Lowe's spokesman Larry Costello told Insider Friday "we are aware of the incident and have taken prompt action to address it." Costello did not respond to follow-up questions about what action Lowe's took and what training Lowe's provides employees when it comes to operating a lift.

☆ Lowe's wants to host your kid's next birthday party
▼ + stars: | 2023-01-20 | by ( Ben Tobin | ) www.businessinsider.com time to read: +2 min

Lowe's announced this week it is offering birthday parties at 10 stores across the United States. The North Carolina-based home-improvement store chain announced this week it is offering to host kids birthday parties at 10 stores across the United States. Parties are available for kids ages 5 and over, and they include safety goggles, aprons, party construction hats, and a Lowe's employee supervising projects. Parents can also pay for upgrades like pizza, drinks, and desserts from Domino's, and Lowe's party favors like t-shirts, water bottles, and backpacks. Birthday party packages start around $349 per party and vary in price depending on types of projects and upgrades.

[1/3] A general view of hydrogen electrolysis plant called 'REFHYNE', one of the world's first green hydrogen plants, during a launch event at Shell's Rhineland refinery in Wesseling near Cologne, Germany, July 2, 2021. REUTERS/Thilo SchmuelgenLONDON, Dec 22 (Reuters) - The green hydrogen express is gathering pace, but it may have a worrying problem with leaks. At least four studies published this year say hydrogen loses its environmental edge when it seeps into the atmosphere. The United States included billions of dollars of green hydrogen tax credits in its Inflation Reduction Act and the European Union approved 5.2 billion euros ($5.5 billion) in subsidies for green hydrogen projects in September. While potential leakages of hydrogen are not expected to be on a scale that could derail all green hydrogen plans, any seepage would erode its climate benefits, they say.

☆ I visited the two biggest home improvement chains in the US, and I saw why DIYers and professionals have different preferences
▼ + stars: | 2022-11-17 | by ( Mary Meisenzahl | ) www.businessinsider.com time to read: 1 min

Home Depot continues to have the edge with higher sales numbers, but Lowes is definitely still in the game. Mary Meisenzahl/InsiderDo you have a story to share about a retail or restaurant chain? Email this reporter at mmeisenzahl@businessinsider.com.

☆ A former BlackRock stock chief shares 9 stocks he's bullish on right now as he warns the market is due to retest recent lows amid the Fed's ongoing hawkishness
▼ + stars: | 2022-11-08 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Amid a poor-return environment for the broader market, he shared what he's looking for in stocks. Stocks dropped quickly on Wednesday afternoon after the hike was announced and as Powell reiterated the FOMC's hawkish intentions. "We've had a nice little run here in the stock market — it's the third double-digit percentage gain since the bear market started," Doll said. 9 stocks Doll likes right nowWith Doll's outlook being that the broader market is doomed to a range-bound near-term future, he said he's focusing on so-called quality stocks — firms with quality income statements, balance sheets, and management teams. Doll also listed quality stocks in the health maintenance organization (HMO) space.

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