It is almost summer but you wouldn't know it by the weather. Next week, the season officially kicks off and the week is expected to be the second coldest, and driest first week of summer in 15 years! Right now the one refrain apparel/retailer CEOs seem to universally repeat is the importance of clearing out inventory over the next few months as stores get ready to restock shelves with back to school items.
Why Wal-Mart is a better buy than Target right now; applying Cramer's price-to-earnings-growth ratio to Verizon; is it time to look at ABB Ltd. again?Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Lowe's said Friday its board approved a $3 billion increase to the home improvement retailer's stock buyback program through fiscal 2009 and increased its dividend.
Jacobs Engineering, Verizon, Dendreon, Rite Aid and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Ford, Chemed, NYSE Euronext, Syneron Medical and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Few companies are more closely tied to the housing market than Home Depot (HD) and Lowe's (LOW). Therefore, it comes as little surprise that both stocks are down year-to-date. Considering the bullish sentiment in the market, are these stocks more like the classic fixer-upper or the proverbial a money pit?
A new report predicts a 75% chance of a major hurricane hitting the U.S. coast this year. What's your hurricane trade as Mother Nature roars this summer?
Home Depot, the world's largest home improvement store chain, said Wednesday it will pump $2.2 billion into improving its business this year amid internal projections that show overall sales will grow only slightly and earnings per share will fall.
Stocks traded lower as selling pressure continued for financial stocks but energy stocks rose after crude oil prices moved above $61 a barrel."The market drifted lower this week on low volume and we're seeing that again today, but nothing has fundamentally changed," said Cowen and Company analyst Mike Malone.
The housing slump may be having a bigger impact on the economy--and corporate profits--than many people realize. “People don’t realize the impact housing has,” Richard Manoogian, chairman and chief executive officer of home improvement product giant Masco, said.
Driven by soothing words from the Fed Chairman and the market's own mania for deals, stocks closed out last week on a high note. This week, traders will be ready to pounce on any news that will reinforce the view that the Fed might cut rates this year after all.
Home Depot said Monday it was considering a sale, spin-off or initial public offering of its professional supply business to focus on its retail stores, reversing a controversial policy of former CEO Robert Nardelli to expand the unit. Wall Street has criticized the wholesale distribution unit with its lower profit margins.
Stocks in the U.S. are looking for direction this morning as Europe trades mostly higher and Asian stocks were mixed overnight. Lots of deal news and earnings reports are making headlines this morning, and investors await a heavy menu of economic data and a Fed meeting later in the week.
Home improvement retailer Lowe's said Wednesday it will open three to five stores in Monterrey, Mexico in 2009, representing an investment of $18 million to $20 million per store.
Home Depot shareholders' attempt to block the company's former chief executive from collecting any more of his $210 million severance package has raised the broader issue of what role shareholders should play in setting executive compensation