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The Seattle Times After the bell
Today's breaking business news
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Monday, May 19, 2008

CHUCK BURTON / AP

Housing slump clips Lowe's profit

The home-improvement sector has been hurt as consumers pulled back on renovation spending in the face of falling home values, tighter credit requirements and higher prices for basic items such as food and gasoline.

UPDATE - 01:50 PM

Pump prices rise to new high as oil extends gains

Oil prices soared to yet another closing high today, tightening the squeeze on Memorial Day driving plans


UPDATE - 01:39 PM

Lowe's profit falls 17.9% on housing woes

A struggling economy and continued turmoil in the housing market drove the nation's second-biggest home improvement retailer to lower its guidance for the year


See tomorrow's Seattle Times for the latest on these and other stories.


Worth reading
In Case You Missed It

Starbucks employees vie for grande honor

Starbucks' Ambassador Cup for headquarter employees determines whom among its accountants, service reps and supply-chain managers is the best coffee expert.


Coming up

Tuesday

Nordstrom holds its annual shareholders' meeting at 11 a.m. at Benaroya Hall, Illsley Ball Nordstrom Recital Hall, 200 University St., Seattle

Tuesday

Alaska Air Group holds its annual meeting at 1 p.m. at the Museum of Flight.


Markets at the close
Index Close Change
DJIA 13,028.16 41.36
NASDAQ 2,516.09 12.76
S&P 500 1,426.63 1.28
NW stocks at the close

Best performers

NameLastChange
HOOK4.4810.07%
AMZN82.297.62%
PLNR3.135.74%
MNC5.194.85%
BJCT0.404.71%
JSDA3.164.64%
CLWR14.504.32%
GMO9.393.99%
MGN3.853.77%
MERX2.433.40%

Worst performers

NameLastChange
EDEN2.34-9.65%
RVSB8.84-7.05%
AWBC3.56-6.32%
PLCC4.91-5.58%
BSQR4.76-4.84%
CAPA4.37-4.79%
MVIS3.80-4.76%
PXLW0.81-4.65%
SMIT5.93-4.35%
NSTK1.19-4.03%

More stocks results »

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