home depot

You'll Hardly Believe the Things You Can Rent Today

Renting isn't just for apartments and cars anymore. Americans today are trying to save a few bucks by taking only temporary ownership (or, borrowership) of a whole new array of goods from designer handbags, rims to pimp their rides, iPhones, power tools and, yes, caskets.

Retailers Prepare for Rising Prices in a Down Economy

Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they have to focus on growing sales, regardless of the economic pressures.

Libya Hits Stocks and Oil Prices for a Second Day

Stocks fell for a second straight day Wednesday and oil prices briefly crossed the $100-a-barrel mark after violence escalated in Libya and tech bellwether Hewlett-Packard delivered a disappointing outlook. The Dow lost 0.9%, the S&P 500 fell 0.6%, and the Nasdaq declined 1.2%.

Wall Street Is Bracing
for a Rocky Week

Deadly clashes in Libya sent shockwaves through various markets yesterday, setting the stage for more turbulence in the sessions ahead. Gold and oil have already spiked higher on world markets, and U.S. investors will also see some big earnings and economic reports.

Week in Preview: Retail Earnings in the Spotlight

Many of America's best-known retailers, including Walmart, Home Depot and JCPenney, will be stepping into the earnings spotlight this week. Their reports come on the heels of disappointing January retail sales numbers from the Commerce Department.

Six Industries That Could Reap a Blizzard of Profits

This season's series of colossal storms have cost millions of dollars for states, municipalities and businesses. But companies in these six industries are finding that the rough winter's snows are a gift from the weatherman.

January Sales Strong Despite Storms

Major retailers are reporting surprisingly solid January revenue gains despite snowstorms that many feared would chill spending. The reports offer...

Home Depot Raises 2010 Outlook, Predicts Growth for 2011

Home Depot raised its 2010 outlook, and expects both sales and profits to rise in 2011, when it plans to open 10 new stores. The nation's biggest home improvement retailer expects sales to rise approximately 2.3%, up from a previously projected 2.2% gain.

Home Depot Profit Jumps 21% on Cost Cuts

The nation's largest home improvement retailer reported that its third quarter net earnings rose a higher-than-expected 21% due to lower expenses and cost cuts. Additionally, Home Depot raised its fiscal 2010 earnings outlook.

Home Depot Earnings Rise 21% in Third Quarter

Home Depot says a tight lid on expenses helped third-quarter net income rise 21 percent on a lackluster 1 percent revenue increase as home owners continue to hold back on bigger renovation projects.

Retail Earnings: Summer Slowdown Will Roll Into Fall

After a stronger-than-expected spring, the doldrums have hit summer harder than usual. Merchants' second-quarter reports were shot through with disappointment over the slow economic recovery and a sense that retailers will have to work hard to boost sales the rest of 2010.

Home Depot Reports Earnings of $1.2 Billion

Retail giant The Home Depot (HD) reported second quarter of fiscal 2010 earnings of $1.2 billion, or 72 cents per diluted share, up from $1.1 billion, or 66 cents per diluted share in the year-ago quarter. Sales for the quarter were $19.4 billion, a 1.8% gain from the second quarter of fiscal 2009, the company said in a statement. Comparable store sales were up 1.7% in the second quarter of fiscal 2010.