Home Depot 2nd-quarter profit falls on closing of Expo business, ongoing housing weaknessAugust 18th, 2009 Home Depot 2Q profit drops on Expo closingsATLANTA — Home Depot Inc. said Tuesday that its fiscal second-quarter profit fell 7 percent, as the nation's biggest home-improvement retailer shuttered its Expo business and continued to be pinched by the recession.
Home Depot 2nd-quarter profit falls on closing of Expo business but beats Street, ups outlookAugust 18th, 2009 Home Depot 2Q profit beats expectationsNEW YORK — Home Depot Inc. on Tuesday that its fiscal second-quarter profit fell 7 percent, as consumers continued to shy away from bigger purchases, but cost cutting and sales of smaller items such as paint and garden products helped results beat expectations.
Home Depot, Target, Saks, TJX 2nd-qtr results beat estimates, but outlook remains cautiousAugust 18th, 2009 Retailers' results top estimates; wariness remainsNEW YORK — Retailers that reported their second-quarter earnings Tuesday made big strides in profitability from a year ago by slashing inventory and other costs, but executives predicted shoppers will remain tightfisted. At discounter TJX Cos., which operates T.J.
Analysts expect Home Depot sales to improve as housing slump begins to moderateAugust 14th, 2009 Earnings Preview: Home DepotNEW YORK — Home Depot Inc., the largest U.S. home improvement retailer, reports its second-quarter earnings on Tuesday.
Fossil raises full-year profit guidance again, says recession will weigh on quarterly resultsAugust 11th, 2009 Fossil increases full-year earnings forecast againRICHARDSON, Texas — Fossil Inc, which makes watches and other fashion accessories, raised its full-year earnings outlook for the second time in three months after reporting second-quarter results that beat analysts' estimates. The company now expects 2009 profit of $1.63 to $1.73 per share.
Altria Group 2nd-quarter profit rises on acquisition, lower expenses, higher cigarette salesJuly 22nd, 2009 Altria Group profit, revenue climb in 2nd quarterRICHMOND, Va. — Altria Group Inc., owner of Philip Morris USA, said Wednesday that its second-quarter profit rose 9 percent partly on lower corporate expenses, an acquisition and improved cigarette sales.
Home Depot says full-year earnings from continuing ops may beat previous forecastJune 10th, 2009 Home Depot raises full-year earnings guidanceCHICAGO — Home Depot Inc. said Wednesday that its full-year earnings from continuing operations may come in better than previously forecast, thanks to a combination of individual homeowners spending more and stronger overall sales.
Stocks advance as oil hits high for the year, Home Depot issues upbeat earnings forecastJune 10th, 2009 Stocks rise on gains in oil, Home Depot forecastNEW YORK — Stocks are higher as rising oil prices lift commodity stocks. Investors are also cheering comments from Home Depot Inc., which said its full-year earnings may come in better than forecast.
Stocks fluctuate as oil hits high for the year, Home Depot gives more upbeat earnings forecastJune 10th, 2009 Stocks waver as oil rises; Fed economic data aheadNEW YORK — Investors bided their time Wednesday, encouraged by rising commodity prices but hesitant about making big moves ahead of regional economic data. The major stock indexes were modestly lower, as airlines, homebuilders and retailers fell while energy and materials stocks rose.
Stocks fall modestly as oil hits high for the year, Home Depot gives upbeat earnings forecastJune 10th, 2009 Stocks slip as oil rises, Fed economic data loomsNEW YORK — Investors are biding their time, encouraged by rising commodity prices but hesitant ahead of regional economic data. The major stock indexes slipped modestly Wednesday after oil touched a new high for 2009 above $71 a barrel.
Stocks mostly gain as oil hits high for the year, Home Depot issues upbeat earnings forecastJune 10th, 2009 Stocks mostly rise on oil, Home Depot forecastNEW YORK — Stocks are again getting a lift from commodity prices. Most stocks rose Wednesday as the price of oil touched a new high for the year above $71 a barrel and prices for metals and other materials pushed higher.
Wall Street falls as housing sector tumblesMay 19th, 2009 NEW YORK - The Wall Street opened lower Tuesday as the record plunge of the housing sector in April overshadowed the better-than-expected earnings of the Home Depot. The US Commerce Department said the construction of new homes and apartments fell 12.8 percent in April to a seasonally adjusted annual rate of 458,000 units.
Silgan Holdings expects lower 2nd-quarter earnings and backs 2009 profit outlookApril 30th, 2009 Silgan Holdings expects lower 2Q earningsSTAMFORD, Conn. — Silgan Holdings Inc., a packaging manufacturer, on Thursday backed its full-year profit outlook and forecast lower second-quarter profit.
Marriott provides tentative 2nd-qtr and 2009 earnings forecast, says uncertainty remains highApril 23rd, 2009 Marriott provides tentative earnings forecastBETHESDA, Md. — Marriott International Inc.
Sikh seeks damages for being forced to remove turbanJanuary 28th, 2009 TORONTO - A Sikh security guard, who says he was forced to remove his turban and wear a helmet on duty at a Home Depot retail outlet here, has sought $40,000 in compensation from the home furnishing giant. Home Depot is Georgia-based American home furnishing retail giant with outlets across North America.