Best Buy Reports 1Q Loss on Restructuring Costs by The Associated Press May 21st 2013 8:23AM Best Buy reported weaker-than-expected quarterly sales Tuesday and warned that a slew of investments to win back shoppers could squeeze profits in the near term.
Housing Recovery Boosts Home Depot's 1Q Profit by The Associated Press May 21st 2013 7:52AM Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
Home Depot and Lowe's Report in Sandy's Continuing Wake by DailyFinance Staff May 20th 2013 12:50PM Home Depot and Lowe's continue to service the victims of Hurricane Sandy. The reconstruction effort is expected to help both home improvement retailers post strong profits.
What to Watch This Week: Tools, Toons, Togs, Blogs and Staples by Rick Aristotle Munarriz May 20th 2013 12:08PM Netflix will show us some changes, and home improvement should show some improvement: Let's go over some items that will help shape the week that lies ahead on Wall Street.
Campbell's Profit Heats Up on Strong Soup Sales by The Associated Press May 20th 2013 9:58AM Campbell Soup reported third-quarter results that beat Wall Street expectations and raised its outlook for the year as sales in its struggling soup unit improved.
Suitors Circle Hulu; Yahoo Bets Big on Tumblr by DailyFinance Staff May 20th 2013 8:50AM The business week starts with potential buyers circling around Hulu, while Yahoo is making a big bet on social media.
Yahoo Approves $1.1B Deal for Tumblr by TechCrunch May 20th 2013 8:00AM Yahoo's rumored $1.1 billion cash acquisition deal for social blogging site Tumblr has been approved by the company's board of directors, the Wall Street Journal reports.
Apple CEO Wants to Repatriate Cash, at Lower Tax Rate by DailyFinance Staff May 17th 2013 11:45AM Apple pushes for a major tax change that it says will boost the U.S. economy: CEO Tim Cook plans to call on Congress next week to dramatically simplify corporate tax laws.
