(Reuters) -Lowe's Cos joined rival Home Depot ( HD ) in forecasting lackluster annual sales and profit on Wednesday, signaling that a downturn in the home improvement sector will linger amid higher interest rates. Shares of the Mooresville, North Carolina-based retailer were up 3% in premarket trading as it reported a surprise rise in fourth-quarter same-store sales, helped by demand...

Feb 26 (Reuters) - 3M Co ( MMM ) said on Wednesday the diversified manufacturer expects operating margin to be about 25% by 2027 and reaffirmed its annual forecast of organic sales growth in the range of 2% to 3%. The company will host its Investor Day later on Wednesday and will provide its medium-term financial outlook. 3M ( MMM...

06:44 AM EST, 02/26/2025 (MT Newswires) -- National Bank (NA.TO), which completed the takeover of Canadian Western Bank (CWB.TO) earlier this month, on Wednesday reported improved profit for the first quarter of fiscal 2005 on revenue growth in all business segments. For the quarter, National Bank reported net income of $997 million, up 8% from $922 million in the first...

06:44 AM EST, 02/26/2025 (MT Newswires) -- Amazon ( AMZN ) is set to unveil Wednesday new generative artificial intelligence-powered capabilities for Alexa, Reuters reported Wednesday. Amazon ( AMZN ) will showcase a secret project known internally as Banyan aimed at making Alexa more conversational, the report said. Amazon ( AMZN ) did not immediately respond to requests for comment...