Lowe's ( LOW) is trending as the home-improvement supply chain withdrew its $1.8 billion buyout bid for Rona. Lowe's said it has repeatedly tried to engage in talks with the Canadian home-improvement company's board in order to move forward with the deal. According to Lowe's, Rona's board does not seem interested in the discussions. Rona rejected Lowe's offer of 14.50 Canadian dollars ($14.92) a share for the company in July, saying it was not in the company's or its shareholders' best interest. Lowe's also faced opposition from lawmakers in Quebec who wanted to keep Rona owned locally. Lowe's said it remains committed to the Canadian market and still believes a deal with Rona makes sense. Lowe's had been attempting to expand in Canada, where it currently has 31 stores. A deal with Rona would give Lowe's an additional 1,500 stores.
Warren Buffett is another popular search. The billionaire investor said he is finished with treatment for prostate cancer. Buffett reportedly told a group of executives on Friday that the day marked his 44th and final day of radiation. The chairman and CEO of Berkshire Hathaway ( BRK) turned 82 two weeks ago.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.