Walter Todd Sees Lowe's as Overly Optimistic on Housing: Video
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Walter Todd Sees Lowe's as Overly Optimistic on Housing: Video
Walter Todd, a principal at Greenwood Capital Associates LLC, talks with Bloomberg's Carol Massar from Greenwood, South Carolina, about Lowe's Cos.' third-quarter earnings and reduced annual profit forecast, and the outlook for Lowe's and Home Depot Inc. shares. Lowe's, the second-largest U.S. home-improvement retailer, said net income fell 10 percent to $643 million, or 43 cents a share. Bloomberg's Julie Hyman also speaks. (Source: Bloomberg)
Bloomberg | November 19, 2007
