Unlike its competition, though, the August Smart Lock will be sold at Apple stores instead of your traditional hardware stores alone.» Read More
Aug 20- Home improvement chain Lowe's Cos Inc reported a 5.6 percent rise in quarterly sales as more people undertook home renovation projects after a prolonged winter. Net income rose to $1.04 billion, or $1.04 per share, in the second quarter ended Aug. 1, from $941 million, or 88 cents per share, a year earlier. Revenue rose to $16.59 billion from $15.71 billion.
Lowe's delivered second-quarter earnings that topped Wall Street's expectations, but the retailer trimmed its outlook for full-year sales growth.
*Apple retakes triple-digit territory, hits $100. NEW YORK, Aug 19- U.S. stocks ended higher for the second straight session on Tuesday, as robust housing data and strong earnings from Dow component Home Depot overshadowed lingering concerns about the conflict in Ukraine.
Aug 19- Home Depot Inc, the world's largest home improvement chain, said it expected same-store sales to grow faster in the second half of the year as customers furnish new houses and renovate existing ones in a recovering housing market.
WASHINGTON, Aug 19- U.S. housing starts rebounded strongly in July, pointing to momentum in the economy, but a moderate increase in consumer prices suggested the Federal Reserve has room to keep interest rates low for a while.
Aug 19- Home Depot Inc, the world's largest home improvement chain, reported a better-than-expected 5.8 percent rise in same-store sales as customers spent more on home repairs after a severe North American winter. Analysts had expected Home Depot's same-store sales to rise 4.4 percent, according to research firm Consensus Metrix.
Home Depot reported a 5.7 percent rise in quarterly sales as customers spent more on home repairs after a severe North American winter.
Some of the names on the move ahead of the open.
Your appliances know you’re not home – who else does?, asks Gary Davis, chief consumer security evangelist at McAfee.
Retailers are getting creative to try to jump-start the consumer. Here are 13 of the latest tactics. Brian Sozzi gives them the thumbs up or thumbs down.
Bricks-and-mortar locations need to undergo a complete makeover to stay relevant 25 years down the line, experts said.
July 18- The success of General Electric Co's impending initial public offering for its private-label credit card unit could ride on investors' willingness to bet that a lukewarm consumer-led U.S. economic recovery heats up.
Some of Thursday's midday movers:
Is the housing remodeling boom over? A status update from Lumber Liquidator is acting as a possible canary in the coal mine.
Lowe's is launching a simulation room that enables customers to view a 3-D representation of their renovation projects.
Retailers have certainly been sending the Street mixed messages. The conclusion, however, may be crystal clear.
Some of Friday's midday movers:
Stocks rose on Wednesday, as investors cheered the latest release from the Fed.
*Fed meeting minutes due out at 2:00 p.m. EDT. NEW YORK, May 21- U.S. stocks rebounded on Wednesday after a broad selloff in the prior session, ahead of the release of minutes from the most recent meeting of the U.S.
After a batch of new earnings reports, the overall trend remains the same: disappointing.