This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Lowe's Pledges Donations In Advance Of Disasters And Also Provides The Support Of Lowe's Heroes To Help The American Red Cross Respond Immediately In Local Communities.

Lowe’s announced today it will donate $500,000 to support American Red Cross relief efforts in response to Hurricane Sandy. As part of Lowe’s $1 million commitment to assist hurricane victims, last week Lowe’s pledged to match the earnings of five-time Sprint Cup champion Jimmie Johnson from Sunday’s NASCAR race at Texas Motor Speedway. Johnson earned $492,086 for winning the race. Lowe’s rounded up that amount to donate $500,000 to the American Red Cross through the Lowe’s Racing for Relief program.

Lowe's pledges donations in advance of disasters and also provides the support of Lowe's Heroes to h ...

Lowe's pledges donations in advance of disasters and also provides the support of Lowe's Heroes to help the American Red Cross respond immediately in local communities.

Johnson and Hendrick Motorsports together will donate an additional $48,000 to the Red Cross. The Lowe’s and Team 48 donations will help provide food, shelter, emotional support and other assistance to those affected by Hurricane Sandy. In addition, Lowe’s stores throughout the United States are accepting donations to the Red Cross at every register. Donors also can contribute at Lowes.com.

“The Red Cross has been on the ground providing aid and comfort to hundreds of thousands of people since Sandy’s arrival last week,” said Joan Higginbotham, Lowe’s director of community relations. “As a longstanding partner, we’re grateful for their leadership and will continue to support their efforts to get help quickly to those in need.”

Lowe’s will use the remaining $500,000 from its $1 million commitment to provide both immediate and long-term support to local communities across the Northeast. Lowe’s will fund projects in areas with the greatest need as identified by its national nonprofit partners.

As a member of the Red Cross’ Annual Disaster Giving Program, Lowe’s pledges donations on an ongoing basis in advance of disasters to help ensure the Red Cross can take immediate action. Lowe’s partners with Team 48 to provide additional support through the Lowe’s Racing for Relief program. With today’s $500,000 donation, Lowe’s Racing for Relief has raised more than $1.25 million to help the Red Cross assist communities in need. Since the beginning of its Hurricane Sandy operations, the Red Cross has served more than 1 million meals and provided more than 92,000 overnight shelter stays in New York, New Jersey, Rhode Island, Pennsylvania, Connecticut, West Virginia and Ohio.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs