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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.
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.
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...
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.
Brian Nagel, Oppenheimer & Company senior equity research analyst, breaks down the home improvement retailer's quarterly results. Also Nagel provides his thoughts on Lowe's ahead of tomorrow's earnings report.
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...
JPMorgan analyst Chris Horvers identifies the three things he'll watch for when Wal-Mart reports earnings.
Homebuilder stocks have surged ahead of the broader market this year, and "Fast Money" traders believe that run should continue.