Storms and Earnings to Drive Home Depot, Lowe’s
Courtesy of the U.S. National Weather ServiceThe violent weather that hit the U.S. Midwest on Sunday has claimed six lives so far and left hundreds of thousands of people without electricity. Illinois…
Courtesy of the U.S. National Weather ServiceThe violent weather that hit the U.S. Midwest on Sunday has claimed six lives so far and left hundreds of thousands of people without electricity. Illinois…
ThinkstockHome prices rose 12% again in September, compared with the same month a year ago, for a 19th consecutive monthly year-over-year gain, according to research firm CoreLogic Inc. (NYSE: CLGX). Home prices…
Wikimedia CommonsThe leading firms on Wall Street maintain a list of their top stocks to buy as their highest conviction calls from the top analysts in the firm. What is somewhat rare…
Stocks are showing the concern over the shenanigans taking place in Washington, and investors have to worry which stocks they should be buying, selling or avoiding. It turns out that analysts think…
ThinkstockHome prices rose 12.4% again in August, compared with the same month a year ago, for a 18th consecutive monthly year-over-year gain, according to research firm CoreLogic Inc. (NYSE: CLGX). Home prices…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett often are followed in corporate America as the undisputed investment kingmakers of all time. And 2013 has been an…
ThinkstockIn its announcement Wednesday afternoon, the FOMC cited concern over recent developments in the housing market as a reason to maintain its asset purchase program at $85 billion a month. In particular…
ThinkstockThe number of U.S. homeowners who owe more on their mortgages than their houses are worth fell to 7.1 million at the end of the second quarter of 2013, an improvement of…
ThinkstockSince hitting a five-year peak in mid-May of this year, shares of homebuilders’ stocks have dropped between 15% to 33%. That is about the time that mortgage interest rates began climbing and…
ThinkstockThe S&P/Case-Shiller home price index for June posted another month of solid gains, but not on the same pace as the record-setting rise in May. The 20-city composite rose 12.1% year-over-year, just…
August 21, 2013: Markets opened mixed this morning as traders and investors waited for the afternoon’s release of the July FOMC meeting minutes. Existing home sales rose more than expected in July.…
courtesy of TargetIn its second-quarter earnings report released before markets opened on Wednesday, Target Corp. (NYSE: TGT) announced adjusted earnings per share (EPS) of $1.19 on revenues of $17.12 billion, compared with…
ThinkstockBefore markets opened on Wednesday, Lowe’s Companies Inc. (NYSE: LOW), the country’s second largest home improvement store chain, reported second-quarter diluted earnings per share of $0.88, up from $0.64 in the second…
ThinkstockSo far this earnings season U.S. retailers haven’t put up a very good show. Retailers that have already reported results said that customers had become cautious again during the quarter and same-store…
ThinkstockLowe’s Companies (NYSE: LOW) announced this morning that Orchard Supply Hardware Stores (OSHWQ) did not receive a higher bid than the $205 million Lowe’s offered in June and that the company will…