Lowe's execs, directors cash in on rising stock prices
The number of Lowe's executives and board members selling its shares suggests they're cashing in stock options and then selling the shares are a nice profit.
Join the discussion below, or Read more at Business Journal.
#1 Nov 28, 2012
Would you kiss me if I wear the hat?....
"Lowe’s executives and board members selling its shares suggests they’re cashing in stock options and then selling the shares are a nice profit."
"For example, on Monday Robert Niblock, chief executive of Lowe’s, bought and then sold 1.6 million shares in a series of five transactions."
"Other company executives and directors taking advantage of the high Lowe’s stock price include Maureen Ausura, chief human resources officer; Marshall Croom, chief risk officer; and board members Dawn Hudson and Richard Lockridge."
#2 Nov 29, 2012
Its really nice they are making out.But someone like me who lost my job because of there greed.After devoting 9 yrs of my life and lost my job over false accusations,I was not doing my job up to there expectations,even though I GOT A RAISE and a good review 2 months before.Well I hope they all have a good xmas because I cant even afford to pay all by bills let alone buy my grandkids presents for xmas.And I know Im not the only x employee they did wrong.
#3 Nov 29, 2012
Be honest,If you were in their position,,,You would do the same damn thing...........MONEY MAKES THE WORLD GO ROUND,,,Life's not fair,,,,,,,,,All it is,,,is a shitty job in a big hardware store...We are all there for varied reasons,,If it really is that miserable..LEAVE.........LEF keep sinking..........
#4 Nov 30, 2012
MONEY IS ALSO THE ROOT OF ALL EVIL.I and hundreds of longtime fulltime associates who lost there job over false accusations,and all the things they are taking away from the associates that still have a job.That is why the stock went up.ALSO WHAT GOES AROUND COMES AROUND and I cant wait till it happens.
#5 Nov 30, 2012
Actually it's THE LOVE OF MONEY that is the root of all evil ie. greed. It takes money to do wonderful things as well as awful ones. Just don't let it become controlling.
#6 Nov 30, 2012
What can come around? The head Bloke just cashed in for 50 mil and is sitting pretty as are all the insiders on the page.
Forget about those commissions and 2% pay raises.
#7 Dec 4, 2012
50 Million?Niblock and da boyz hit the friggin powerball every year. What a pathetic state of affairs.
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