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  • Lowe's to buy Canada's Rona in C$3.2 bln deal Wednesday, 3 Feb 2016 | 6:08 AM ET

    Feb 3- U.S. home improvement retailer Lowe's Companies Inc said it would buy Rona Inc in an all-cash deal valued at C $3.2 billion to expand its presence in Canada. Lowe's will pay C $24 per share for Rona's common shares, more than double the stock's closing on Tuesday. The deal also include a C $20 per share cash payment for Rona's preferred shares.

  • LONDON, Jan 25- Kingfisher, Europe's largest home improvement retailer, announced a plan on Monday to boost profit by 500 million pounds a year from 2021 that will cost 800 million pounds over the next five years to deliver. In a strategy update, Kingfisher, which trades as B&Q and Screwfix in Britain and Castorama and Brico Depot in France and other countries, also...

  • LONDON, Jan 25- Kingfisher, Europe's largest home improvement retailer, is targeting a 500 million pounds increase in sustainable annual profit in five years time, it said on Monday. In a strategy update the firm, which trades as B&Q and Screwfix in Britain and Castorama and Brico Depot in France and other countries, also said it planned a capital return of 600...

  • LONDON, Jan 25- Kingfisher, Europe's largest home improvement retailer, said on Monday it was targeting a 500 million pounds increase in sustainable annual profit in five years time. In a statement released ahead of a presentation to investors and analysts on the firm's long term strategy the firm also said it planned a capital return of 600 million pounds over...

  • Overseas e-retailers on Amazon, eBay face VAT crackdown Tuesday, 22 Dec 2015 | 11:08 PM ET
    A screen showing Black Friday deals on Amazon.com

    Tax officials have launched a crackdown on VAT evasion by overseas online retailers, the Financial Times reports.

  • Cramer: Target not the expected 'blowout' Wednesday, 18 Nov 2015 | 12:50 PM ET
    A shopper measures a piece of plywood at a Home Depot in Miami.

    Jim Cramer explains why Target didn't exceed earnings expectations.

  • Nov 18- Lowe's Cos Inc, the No.2 U.S. home improvement chain, reported better-than-expected quarterly profit and sales at stores open at least a year, as people spent more on home improvement amid a strong recovery in the U.S. housing market. The U.S. housing recovery has been gaining traction, with homebuilder sentiment hitting decade highs in July, August and...

  • Lowe's earnings beat expectations Wednesday, 18 Nov 2015 | 6:47 AM ET
    A Lowe's store in Mount Laural, New Jersey

    Lowe's delivered quarterly earnings that topped analysts' expectations on Wednesday, helped by a strong recovery in the U.S. housing market.

  • Nov 18- Lowe's Cos Inc, the No.2 U.S. home improvement chain, reported better-than-expected profit and quarterly sales at stores open at least a year, helped by a strong recovery in the U.S. housing market. The U.S. housing recovery has been gaining traction, with homebuilder sentiment hitting decade highs in July, August and September, according to the National...

  • Lowe's Cos quarterly sales rise 5 pct Wednesday, 18 Nov 2015 | 6:05 AM ET

    Nov 18- Lowe's Cos Inc, the No.2 U.S. home improvement chain, reported a 5 percent rise in quarterly sales, helped by a strong recovery in the U.S. housing market. The company's net income rose to $736 million, or 80 cents per share, in the third quarter ended Oct. 30, from $585 million, or 59 cents per share, a year earlier. Net sales rose to $14.36 billion from $13.68 billion a...

  • Traders highlight retail in trades to go Tuesday, 17 Nov 2015 | 1:31 PM ET

    The "Halftime Report" traders deliver their retail stock picks for the second half.

  • Home Depot earnings top expectations Tuesday, 17 Nov 2015 | 6:52 AM ET
    A Home Depot store in Miami, Florida.

    Home Depot delivered quarterly earnings that topped analysts' expectations, helped by strong demand from professional contractors and builders.

  • Home Depot 'bright spot' in retail: Analyst Tuesday, 17 Nov 2015 | 6:24 AM ET
    Home Depot 'bright spot' in retail: Analyst

    Brian Nagel, Oppenheimer & Company, breaks down Home Depot's quarterly results, which beat Street estimates of $1.36 Adj. versus $1.32 Est.

  • Nov 17- Home Depot Inc, the world's No. 1 home improvement retailer by revenue, reported better-than-expected quarterly same-store sales, helped by strong demand from both retail customers and professional contractors and builders. Smaller rival Lowe's Cos Inc, which will report on Wednesday, is also expected to have benefited from strong spending on housing.

  • Home Depot quarterly sales rise 6.4 pct Tuesday, 17 Nov 2015 | 6:04 AM ET

    Nov 17- Home Depot Inc, the world's No.1 home improvement retailer by revenue, reported a 6.4 percent rise in quarterly net sales, helped by strong demand from professional contractors and builders. The company's net income rose to $1.73 billion, or $1.35 per share, in the third quarter ended Nov. 1, from $1.54 billion, or $1.15 per share, a year earlier.

  • Ikea looks to open shop on London’s Oxford Street Monday, 16 Nov 2015 | 11:23 PM ET
    Oxford Street, London, England.

    Ikea is in talks to take over part of BHS' Oxford Street store as it looks to open its first outlet on one of London's prime locations, the FT reports.

  • LONDON, Oct 22- Travis Perkins, the owner of DIY stores Wickes and heating supplies group BSS, said its full-year earnings would be at the lower end of market expectations after weak demand in the repair, maintenance and improvement market during the summer. The British group, which posted like-for-like sales growth of 2.6 percent in its third quarter, said its...

  • Toll Brothers CEO: Housing comeback in 5th inning Friday, 2 Oct 2015 | 9:48 AM ET
    A construction worker climbs on the roof of a home in Boca Raton, Florida.

    Real estate may take longer to really fire on all cylinders, said Doug Yearley. Home Depot's CEO was more optimistic.

  • Health of American consumer Friday, 2 Oct 2015 | 7:46 AM ET
    Health of American consumer

    Home Depot CEO Craig Menear, discusses better than expected performance than originally estimated at the company, and the impact from cheaper gas.

  • Homes of the future Friday, 2 Oct 2015 | 7:07 AM ET
    Homes of the future

    Home Depot CEO Craig Menear, and Toll Brothers CEO Doug Yearley, discuss the types of homes you'll see in the future.