home depot

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.

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Valuable Freebies From Big Companies

Used predominantly as a marketing technique, free products and services come at a cost to the company offering them. Here are eight valuable freebies, what it costs companies to offer the deal and how much the customer actually receives in terms of value.

FedEx Joins a Growing List of Disappointments

Wall Street analysts still predict a record $97 in profits for the S&P 500 next year despite a lackluster economy. Expectations of massive corporate profits have propped up the stock market. That could change quickly.

Why Retailers May Be Lowballing Their Forecasts

Recent earnings reports from a range of retailers sounded almost bipolar: The first quarter was great, but the second half won't be. In this case, they may be more concerned about spinning Wall Street's expectations than they are about a double-dip recession.

Home Depot Earnings Surge 41%

Home Depot's fiscal first-quarter net income surged 41 percent as consumers snatched up seasonal items and the number of customer transactions improved. The No. 1 U.S. home improvement retailer also raised its 2010 earnings and sales outlooks.

Retail Sales Look Good, at Least for Now

The April retail sales numbers released by the U.S. Commerce Department Friday were better than expected, but retailers are warning that May could be slower.

Three Big Blue Chips Outpacing the Market

Boeing, General Electric and Home Depot have been slammed off their respective 2010 highs, but individually and collectively they've far outpaced the broader market. The major stock indexes can't say that they're up by an average of 14%, but this bunch can.

Home Depot Hires on Hope of Higher Home Values

For the first time in four years, Home Depot is hiring at its stores in anticipation of a growing home-improvement market. But are consumers ready to start investing in their homes again?

Five Stocks That Might Beat the Market This Year

It sure is tough, but some stock-pickers have managed to consistently outperform the S&P 500. One such pro is Mark Boyer, who every year culls 40 stocks with the potential to beat the benchmark index. Here are his top five picks for 2010.

Starbucks Makes the Right Call on Gun Rights

Gun-rights advocates are holding meetings at Starbucks in San Francisco with their weapons in plain sight, which is legal. The coffee giant declined to remove them, because the "open-carry" activists aren't breaking any law. That logic is hard to argue with.

Home Depot Tops Profit Estimates, Hikes Dividend

Retailer Home Depot reports a fourth-quarter profit and offers an upbeat outlook, encouraged by an increase in consumers who have slowly started to take on home-improvement projects again. The company also declared a 5 percent increase in its quarterly cash dividend.

What's Really Going On With Jobs?

Entering February, a mixed picture on employment has developed: Job cuts in January reached their highest total since August, but still represent a 70% reduction from the same time a year ago, when they peaked at 241,749. What's going on?

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