Lowe's fiscal fourth-quarter net income rose 6 percent, as the home-improvement retailer continued to benefit from the housing market's recovery. the company also announced a new $5 billion stock repurchase program on wednesday. its stock surged in premarket trading.
updated: 2/26/2014 7:26 AM
Lowe's 4Q profit meets analysts' estimates
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.