Lowe's Companies's most recent trend suggests a bullish bias. One trading opportunity on Lowe's Companies is a Bull Put Spread using a strike $97.00 short put and a strike $92.00 long put offers a potential 47.49% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $97.00 by expiration. The full premium credit of $1.61 would be kept by the premium seller. The risk of $3.39 would be incurred if the stock dropped below the $92.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Lowe's Companies is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Lowe's Companies is bullish.
The RSI indicator is at 73.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lowe's Companies
Lowe's CFO Marshall Croom to retire later this year
Mon, 04 Jun 2018 13:37:00 +0000
Croom is set to retire this October, Lowe's said.
Lowe's CFO Marshall Croom announces plans to retire after about a year in the role
Mon, 04 Jun 2018 12:41:59 +0000
Lowe's Companies announced Monday that Chief Financial Officer Marshall will retire, effective Oct. 5, after a little over a year in the role, and 21 years at the company. Croom had become CFO of the home …
Lowe's Announces CFO Retirement
Mon, 04 Jun 2018 12:30:00 +0000
MOORESVILLE, N.C., June 4, 2018 /PRNewswire/ — Lowe's Companies, Inc. (LOW) today announced that following a successful 21-year career with the company, Marshall A. Croom plans to retire from the company, effective Oct. 5, 2018. “On behalf of the entire Board and management team, I thank Marshall for his dedication and valuable contributions during his more than two-decade career at Lowe's,” said Robert A. Niblock, Lowe's chairman, president and CEO. “Lowe's has a strong finance team, and Marshall has played a significant role in helping drive financial and operational improvements as we work to enhance our position as the omni-channel project authority.
Synchrony Credit Card Master Note Trust, Series 2018-2 — Moody's assigns definitive ratings to Synchrony's 2018-2 card ABS
Mon, 04 Jun 2018 10:27:07 +0000
Moody's Investors Service has assigned a definitive Aaa (sf) rating to the Class A Notes, a definitive Aa2 (sf) rating to the Class B Notes and a definitive A2 (sf) rating to the Class C Notes of Series 2018-2 issued by Synchrony Credit Card Master Note Trust, sponsored by Synchrony Bank. The ratings are based on the counterparty risk assessment (CR Assessment), private monitored rating or low volatility credit estimate, as applicable, of the sponsor, which we use to assess the likelihood of the sponsor becoming insolvent and shutting down its credit card portfolio, the quality of the underlying credit card receivables, the transaction's structural protections, the expertise of Synchrony Financial, as servicer, and the credit enhancement from subordinate classes of notes in the series and the Excess Collateral Amount.
Bear Stearns Commercial Mortgage Securities Trust 2004-TOP14 — Moody's Upgrades Four Classes and Affirms One Class of BSCMS 2004-TOP14
Mon, 04 Jun 2018 10:17:07 +0000
The ratings on four P&I Classes (L, M, N and O) were upgraded primarily due to an increase in credit support since Moody's last review, resulting from paydowns and amortization, as well as Moody's expectation of additional increases in credit support resulting from the payoff of loans approaching maturity that are well positioned for refinance. The pool has paid down by 19% since Moody's last review. Moody's rating action reflects a base expected loss of 1.2% of the current balance, compared to 0.6% at Moody's last review.
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