Sept 23- Data breach at home improvement retailer Home Depot Inc has led to fraudulent transactions across the United States, draining cash from customer bank accounts, the Wall Street Journal said.» Read More
Jim Cramer sees two "incredibly" bullish signals for bank stocks and one company in particular is set to benefit disproportionately.
Home Depot's earnings said a lot about America, Jim Cramer said. It also gave him a treasure trove of investment ideas.
While 94 percent of the companies in the Standard & Poor's 500 Index have already reported quarterly earnings, this week remains a key week for the retail industry with 24 retailers reporting earnings—12 of which are S&P 500 components.
A nascent recovery in the housing market helped Home Depot report higher quarterly sales and earnings on Tuesday.
Despite signs the consumer may be starting to pull back, discount stores and home retailers remain attractive investment opportunities, says one analyst.
A "strong holiday lineup" of new products propelled Williams-Sonoma to better-than-expected quarterly earnings, company CEO Laura Alber told CNBC.
Home Depot expects 3 percent growth in 2013, the same it saw in 2012 as economic growth remains steady, CEO Frank Blake told CNBC.
After a difficult January, when shoppers first felt the effect of a payroll tax hike that lowered take-home pay by 2 percent, some retailers got a little relief in February from growing employment and a rising stock market.
Stocks are up as Bears are not yet in control of the narrative. There were no surprises from Bernanke, though he did give a rather spirited defense of QE and low interest rates.
CNBC's Diana Olick takes a look at what home buyers purchase at home improvement stores as well as the types of features they're expecting in a home.
Brian Nagel, Oppenheimer analyst, breaks down the fourth quarter results on the home improvement retailer of $0.26 vs. $0.23 ESP on revenues of $11 billion.
Next week is the biggest one of the earnings season for the retailers. While each will have different nuances, and wrap up the key holiday quarter, Wall Street will be focused on the sales forecast for the current quarter.
Retail sales barely rose in January as tax increases and higher gasoline prices restrained spending. Separately, import and export prices rose slightly less than expected in the month.
Following a 66-percent rise in Home Depot shares and a 45-percent run in Lowe’s stock during the past year, one analyst said the rivals’ stocks are now trading at very similar valuations.
Budd Bugatch, Raymond James & Associates, breaks down the retailer's higher-than-expected quarterly profits and takes a look ahead at its growth prospects.
The "Squawk on the Street" news crew reports on today's market-moving stories, including a look at Home Depot's earnings beat; JC Penney's turnaround plan; and a leadership change at Microsoft.
The home improvement retailer reported Q3 EPS of $0.74 vs. $0.70 est. on revenues $18.1 billion. Brian Nagel, Oppenheimer & Co. analyst explains how the company is benefiting from an improving housing market.
Lowe’s has been rising with the recovery in the housing market, and yesterday the home-improvement chain saw some bullish option activity.
Following a weak earnings report from Lowe’s, one analyst advised investors to refrain from viewing the release as a weakening in home improvement retail and instead look into rival Home Depot’s shares.
Although U.S. retail sales posted strong gains Tuesday on the heels of Home Depot's better-than-expected quarterly profit, one analyst forecast a tougher spending environment in the second half of the year.