earnings
Lowe’s Cos. cut its outlook for the full year after posting results that missed Wall Street estimates, showing how a stubbornly weak housing market is eroding the home-improvement retailer’s performance.
Copper declined, while readily available stocks on the London Metal Exchange swelled to ease a historic squeeze on supplies.
"The trend is very much your friend," says Evy Hambro, head of fundamental equities thematic and sector investing at BlackRock, when asked about the rise in copper prices. "We are seeing a very tight market," he tells Bloomberg Television. "It's very easy to say: well, okay, it's gone up a lot and w
Lowe’s Cos. cut its outlook for the full year after posting results that missed Wall Street estimates, showing how a stubbornly weak housing market is eroding the home-improvement retailer’s performance.
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Copper declined, while readily available stocks on the London Metal Exchange swelled to ease a historic squeeze on supplies.
"The trend is very much your friend," says Evy Hambro, head of fundamental equities thematic and sector investing at BlackRock, when asked about the rise in copper prices. "We are seeing a very tight market," he tells Bloomberg Television. "It's very easy to say: well, okay, it's gone up a lot and w