Jim Cramer explains why Target didn't exceed earnings expectations.» Read More
The "Halftime Report" traders give their trades for the second half.
Net sales $24.83 bln vs est. By Nandita Bose and Sruthi Ramakrishnan. Aug 18- An improving U.S. housing market helped Home Depot Inc beat quarterly sales forecasts on Tuesday, and the world's No. 1 home-improvement retailer lifted its full-year earnings and revenue forecasts.
A strong Q2 for Home Depot as the housing recovery continues.
Home Depot reported a better-than-expected rise in quarterly same-store sales, helped by a recovery in the U.S. housing market.
Aug 18- Home Depot Inc, the world's No. 1 home improvement retailer, reported a better-than-expected rise in quarterly same-store sales, helped by a recovery in the U.S. housing market. Demand for home improvement products was strong in the quarter due to growth in existing home sales, Wedbush Securities analyst Seth Basham wrote in a note ahead of the results.
Aug 18- Home Depot Inc, the world's No.1 home improvement chain by revenue, reported a 4.3 percent rise in quarterly net sales, helped by a recovery in the U.S. housing market. The company's net income rose to $2.23 billion, or $1.73 per share, in the second quarter ended Aug. 2 from $2.05 billion, or $1.52 per share, a year earlier. Net sales rose to $24.83 billion from...
Homebuilder stocks have surged ahead of the broader market this year, and "Fast Money" traders believe that run should continue.
Pimco: Housing bull
Lindsey Bell, Senior Analyst at S&P Capital IQ, explains why she's expecting a monthly increase of 0.3 percent.
Amazon is the latest in a long list of players to offer online home-maintenance services. Will it be good enough to hammer the competition?
John Lundgren, Stanley Black & Decker CEO, discusses his company's growth prospect; new tools entering the market, and a possible spinoff of its security business.
CNBC's Jim Cramer explains why Robert Lynch's resignation is not "unexpected."
Lowe's stock went on a skid after the home improvement retailer reported earnings and revenue that fell short of expectations.
Clearly the execution is not up to par, says Chris Horvers, JPMorgan Chase senior analyst, breaking down the numbers on Lowe's quarterly results.
Jim Lowell, chief investment officer at Adviser Investments, says Wall Street shares were in a "holding pattern" ahead of the release of minutes from the Fed's previous policy meeting.
Effective immediately, home improvement retailer Lumber Liquidators will not longer sell laminate flooring made in China, reports CNBC's Scott Cohn.
Embattled Lumber Liquidators says the Justice Department has informed the company it is seeking criminal charges over its foreign sourcing.
How home improvement websites are pushing customers to retailers and professionals, with CNBC's Diana Olick.
Lumber Liquidators has sent thousands of customers free "idiot-proof" formaldehyde test kits to customers, NBC News reports.
Home improvement and housing are finally positioned to take off this year, Jeffrey Lorberbaum tells CNBC.