It's a mixed bag of results. Much of the company's quarterly success has been attributed to higher sales following Hurricane Irene and the company's lower prices. Since Lowe's can't manufacturer natural disasters, and rival Home Depot
Lowe's also recently announced the closure of 20 underperforming U.S. locations and the elimination of 2,000 jobs, including 1,700 middle-management positions. This move leaves a vacuum in markets where rival Home Depot will probably pick up market share, and the company will realize expenses related to the elimination in the short term.
The supercomputer project Cray is undertaking has fringe winners as well. Advanced Micro Devices
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