Luxist Web Search

Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by The Home Depot in 1989) behind rival The Home Depot and ahead of Menards. [6] It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI. [7]

A company which has 100 issued shares priced at $50 per share, has a market capitalization of $5000 = 100 × $50. If the company splits its stock 2-for-1, there are now 200 shares of stock and each shareholder holds twice as many shares. The price of each share is adjusted to $25 = $5000 / 200.

Lowe's is one of the big two names in home improvement retail but, unlike its rival, it struggled for years during the extended slide in home prices. Even when things looked like they were...

Image of Lowe's Valspar paints courtesy Charles & Hudson, under Creative Commons License Lowe's holds one of the longest dividend streaks in the S&P 500, having increased its payout annually for ...

The "reverse stock split" appellation is a reference to the more common stock split in which shares are effectively divided to form a larger number of proportionally less valuable shares. New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split.