D.E. Shaw takes stake in Lowe's: CNBC
D.E. Shaw is concerned about Lowe's performance relative its peers and is not pushing for consolidation with another home retailer at this time, according to the report. (http://cnb.cx/2Daaw3y)
Lowe's shares touched a record high of $102.28 in late-afternoon trading.
(Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)