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Home Improvement Retailer Lowe's Boosts Stock Buyback Program To Up To $7.4 Billion | Fox Business

The Mooresville, North Carolina-based company still has $2.4 billion left over from its previous program, bringing the fund to $7.4 billion. Results for retailers like Lowe's and Home Depot have gotten stronger as U.S. employment improves, giving homeowners the confidence to do more work on their houses. Home construction has also started to increase and many economists think the housing market will improve in the spring. have climbed 52 percent over the last year and are trading around all-time highs.
For the original version including any supplementary images or video, visit http://www.foxbusiness.com/markets/2015/03/20/home-improvement-retailer-lowe-boosts-stock-buyback-program-to-up-to-74-billion/

More Americans Using Debt For Home Improvement - Yahoo Finance

As Todd Nelson, LightStream business development officer, told MarketWatch today: Consumers are increasingly putting money back into their homes. This is good for the economy and the home-improvement industry overall. But whats good news for banks isnt necessarily good news for consumers. In the LightStream survey, the percentage of homeowners who report planning improvement projects for this year is up only 1 percent from last year but the percentage who plan to pay for their home improvements with loans and lines of credit is up disproportionately: 59 percent of respondents plan to pay for home-improvement projects with savings. (That is down from 72 percent last year.) 30 percent plan to pay with a credit card (up from 21 percent last year). 9 percent plan to pay with a home equity line of credit, or HELOC.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/more-americans-using-debt-home-200053904.html

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