Monday, August 22, 2011

Lowe's Major Buy Back!

"Right tighty?" #pause I know y'all like that commercial! Let's take a moment as a matter of fact...

Lowe's, America's second-largest home improvement retailer
guess who holds the #1 spot, reported today that it will buy back up to $5 billion of its common stock. The Mooresville, North Carolina-based company stated it plans to use the full amount over the next two to three years. Aggressive plan no doubt, and I foresee vast improvements in Lowe's TOTAL package.

Lowe's Board of Directors also announced that it is declaring a regular quarterly dividend of 14 cents. The dividend will be paid on Nov. 2 to shareholders of record on Oct. 19. And last week Lowe's reported that its second-quarter net income was nearly flat. They are not alone. Companies across sectors saw flat second quarters.

We'll blame the economy.

You can find a Lowe's in the U.S., Canada, or Mexico. They operate just over 1,700 stores in the three countries. Shares of the company closed Friday at $19.31 per.


Juelz Santana to Drop An Album in December? [Video]

Juelz states that he plans to drop an album in December around the Holiday season called "The Reagan Era". Prior to the release of this album he plans to drop a mixtape. We'll see soon i guess.

KICK GAME: Kobe Zoom VI "Lakers 3D" [NEW]

Nike and Team Kobe Zoom VI are back at it again. They are hitting us with another fantastic colorway of the Kobe Zoom VI and it is called the "LAKERS 3D" This shoes is a jump right off the Kobe Zoom VI "Hollywood 3D" ship. The Hollywood 3D was a part of the All-Star pack.

This shoe, the "Lakers 3D" features a white upper, with yellow and purple 3D print. The heel cups, outsoles, and laces are mismatch. The left shoe features a yellow heel cup, purple laces and purple outsole. While the right features a purple heel cup, yellow laces, and yellow outsole. Sounds crazy but it looks GREAT together. Nike and Kobe look to be winning again with this colorway.

Release: Fall 2011
Retail: $130

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