In its report today on September retail sales, Target Corp. (NYSE: TGT) announced that beginning in January 2013, the company would no longer report monthly sales figures, including same-store sales: This decision…
Home improvement chain Lowe’s Companies Inc. (NYSE: LOW) this morning announced that it had dropped its hostile attempt to acquire Canadian home improvement retailer Rona Inc. Lowe’s had offered CDN$14.50 per share…
Looks like China’s economic slowdown has claimed another victim. Atlanta-based Home Depot Inc. (NYSE: HD) said today that it will close its remaining seven big-box stores in the People’s Republic. Home Depot…
Trey Thoelcke Share prices for homebuilders’ stocks began rising at the beginning of the year and all but two of the homebuilders we looked at in our value search have doubled share prices in…
The world’s largest restaurant chain, McDonald’s Corp. (NYSE: MCD) has confirmed that it is testing mobile payments at 30 of its stores in France. McDonald’s has about 30,000 stores all around the…
Lowe’s Companies Inc. (NYSE: LOW) reported second-quarter earnings per share (EPS) of $0.64 and $14.25 billion in sales before markets opened this morning. In the same period a year ago, the home…
The three major US stock indexes opened higher this morning following data showing that GDP in several countries grew better than expected (more coverage here). Which indicates that if the bar is…
The Home Depot Inc. (NYSE: HD) reported second-quarter earnings per share (EPS) of $1.01 and $20.57 billion in revenues before markets opened this morning. In the same period a year ago, the…
Paul Ausick The three major US stock indexes opened lower this morning as reports on Japanese (more coverage here) and Greek GDP (more coverage here). both disappointed investors. Asian markets were propped up somewhat…
U.S. stock futures are marginally lower this morning, suggesting the S&P 500 Index could halt its longest advance in 20 months. Reports of slowing growth in Japan fueled concern that the global…
The three major US stock indexes opened higher this morning on a report from Europe that German chancellor Angela Merkel now backs bond buying by the European Central Bank.Even a larger-than-expected drop…
Photo by Spencer Platt/Getty ImagesThe stock market is up Tuesday, with the Dow Jones Industrial Average up 0.57%, the Nasdaq up 0.80% and the S&P 500 up 0.65%. 24/7 Wall St.’s biggest winners…
Home improvement giant Home Depot Inc. (NYSE: HD) announced this morning that it has reached a definitive merger agreement with U.S. Home Systems Inc. (NASDAQ: USHS). Home Depot will acquire the kitchen…
The three major US stock indexes opened higher this morning in advance of Fed Chairman Ben Bernanke’s semi-annual report to Congress and following some data on inflation (more coverage here), industrial production,…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday. Alcatel-Lucent SA (NYSE: ALU): Cut to Hold at Deutsche Bank. Amazon.com, Inc.…
