Lowe’s Companies, Inc. NYSE:LOW declared on 22nd of this month that it is the first national retailer to offer consumers the best in industry ENERGY STAR rated LED A-Line bulb. Company had made available its GE Energy Smart 9-watt LED bulb on Lowes.com. this LED bulb is rated to last more than 22 years, surviving perennial gifts such as sweaters or flannel shirts by at least a decade company has set the price of the LEC light bulb at $34.98 to light up the user’s every season.

Lowe’s Companies, Inc. NYSE:LOW stock on December 23, 2010 reduced 0.58% with the closing price of $25.52. The overall volume in the last trading session was 7.36 million shares. Its fifty two week range was $19.35- $28.54. The total market capitalization remained $ 35.22 billion.

Management had an effective control on its various costs which helped in strengthening its profitability measure. During the past two quarters company’s selling general and administrative expenses reduced from $3.19 billion on quarter Jul 30, 2010 to $2.93 billion on its last quarter ended Oct 29, 2010. The cost of generating revenues also got reduced from $9.35 billion to $7.52 billion for the same period. There was no any interest expense recorded for the whole twelve months period instead its income tax expense reduced from $503 million to $247 million in the past two quarters.

In the share capital LOW has 1.38 billion outstanding shares which all have been floated in market. LOW stock price is ahead its 52 week low with 32.56% while contrary going below of its 52 week high with 9.62%. Company’s stock insider ownership remained 0.13% while the institutional ownership included 76.41%.

LOW stock price is moving ahead its 20 days moving average with 3.67% and also moving over 50 days moving average with 11.48%. LOW last month share price volatility remained 2.25% and its beta coefficient was 0.99. There was a slight reduction in company’s earnings for the current year with 18.59% while the quarter performance remained 14.08%.

Lowe’s Companies, Inc. (Lowe’s) is a home improvement retailer. As of January 29, 2010, the Company operated 1,710 stores, consisted of 1,694 stores across 50 United States states and 16 stores in Canada. Its 1,710 stores represent approximately 193 million square feet of retail selling space. The Company serves homeowners, renters and commercial business customers. Homeowners and renters primarily consist of do-it-yourself (DIY) customers and do-it-for-me (DIFM) customers who utilize its installed sales programs, as well as others buying for personal and family use. Commercial business customers include those who work in the construction, repair/remodel, commercial and residential property management, or business maintenance professions. During the fiscal year ended January 29, 2010 (fiscal 2009), it opened 62 stores, including five Canadian stores.