You shouldn't expect to make any easy money by investing in home improvement companies before hurricanes.» Read More
CNBC Pro used technical and fundamental analysis to find the stocks that are primed to rally the most in the continuation of the housing recovery.
Improvements in the U.S. housing market is supporting growth at Home Depot, while Wal-Mart is bogged down by new investments, says Joseph Feldman, senior managing director at Telsey Advisory Group.
Daniel Binder, senior equity research analyst & MD at Jefferies & Co, discusses Wal-Mart's profit miss and explains whether the retailer's foray into e-commerce could be its turning point.
Joe Duran, CEO at United Capital, explains how sales at Home Depot, the world's No. 1 home improvement retailer, can shape the Fed's perception of the U.S. economy.
NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Wal-Mart Stores Inc., down $2.43 to $69.48. The Home Depot Inc., up $3.10 to $122.80.
Homebuilding stocks have soared this year, bolstered by strong housing data this week. And traders say the bull run has more room to go.
Stocks closed lower as Wall Street digested housing data and mixed earnings results.
Wal-Mart's second-quarter earnings report, released Tuesday, showed its investments in its workers and its efforts to overhaul the store experience are dragging down profits more than it expected. The comforting news for Wal-Mart's shareholders: the efforts are perking up sales and traffic at its U.S. namesake stores. Wal-Mart isn't alone in facing some...
We are in the meat of earnings season for retailers, and there are very clear winners and losers emerging.
The "Halftime Report" traders give their trades for the second half.
Home Depot reported better-than-expected earnings, and some traders are making big money from their bets on the retailer.
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.
Positive U.S. housing data on Tuesday had CNBC's Jim Cramer excited about the future of the sector and retailers that rely on it.
WASHINGTON, Aug 18- U.S. housing starts rose to a near eight-year high in July as builders ramped up construction of single-family homes, suggesting that the economy was firing on almost all cylinders. The Commerce Department report on Tuesday added to solid payrolls, retail sales and industrial output data in suggesting the economy got off to a strong start in...
WASHINGTON— U.S. builders started work on single-family houses last month at the fastest pace since the Great Recession began in late 2007.. Housing starts in July rose 0.2 percent to a seasonally adjusted annual rate of 1.21 million homes, the Commerce Department said Tuesday. "More housing starts means more construction jobs as well as confidence from real...
U.S. stock index futures pointed to a lower open on Tuesday, following another sharp sell-off in Chinese stocks over yuan concerns.
Some of the names on the move ahead of the open.
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.