Home and Garden Stores

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How home improvement chains fared in 3rd quarter

AP News 16 days ago

<div id="subtitle">How home improvement retailers fared during the third quarter</div><div><p>The Home Depot Inc. and its competitor Lowe's Cos. Inc. both reported better-than-expected third quarter results this week. Here's a summary of how the nation's two largest home improvement chains performed.</p> ...

Lowe's 4Q profit falls along with housing market

AP News 16 days ago

<div id="subtitle">Lowe's profit slumps with housing market; company doesn't see stimulus plan as substantive fix</div><div><p>The dismal housing market dragged down fourth-quarter profits at Lowe's Cos. Inc. by 60 percent, and executives at the home improvement chain said they see little hope of ...

Home improvement chains weather tough storm

AP News 17 days ago

<div id="subtitle">Home Depot, Lowe's end tumultulous 2008 as housing markets continue their crash</div><div><p>A year that started poorly got worse for the nation's home improvement retailers, as the housing market meltdown pushed the economy toward recession and financial institutions sparked a global economic ...

Home Depot plans price cuts to bring back shoppers

AP News 17 days ago

<div id="subtitle">Home Depot slashes prices on hundreds of items in latest bid to win back customers</div><div><p>At a time when shoppers are forking over more money for everything from groceries to gas, The Home Depot Inc. is planning to put some prices in ...

Earnings Preview: Lowe's Cos. Inc.

AP News 18 days ago

<div id="subtitle">Lowe's Cos. to release first quarter results as spring sales heat up</div><div><p>Lowe's Cos. Inc. reports results for the first quarter on Monday. The following is a summary of key developments and analyst opinion related to the period.</p><p> ...

Retailers, service cos. gain as people stay home

AP News 18 days ago

<div id="subtitle">Home improvement retailers, service cos. gain as Americans move less, spend more time home</div><div><p>As Americans grow accustomed during the recession to spending more time at home and living in the same places longer, home-improvement companies are regaining momentum.</p><p>"My ...

Home improvement chains rally after Lowe's results

AP News 18 days ago

<div id="subtitle">Lowe's, Home Depot gain ground after Lowe's reports stronger-than-expected 1st quarter</div><div><p>Shares of the nation's two largest home improvement chains climbed in Monday trading after Lowe's Cos. Inc. reported falling — but better-than-expected — first-quarter profit and boosted its full-year outlook.</p> ...

Home Depot beats Street but is outshone by Lowe's

Reuters US Online Report Business News 18 days ago

<div><p>NEW YORK (Reuters) - Home Depot Inc &lt;HD.N&gt; reported higher-than-expected quarterly earnings as massive cost cuts offset weak sales, but its shares fell as investors found the results disappointing in comparison with those of smaller rival Lowe's Cos Inc &lt;LOW.N&gt;.</p>< ...

2 more directors leave Bank of America's board

AP News 19 days ago

<div id="subtitle">2 more directors, Jackie Ward and Patricia Mitchell, resign from BofA's embattled board</div><div><p>Two more Bank of America Corp. directors are leaving, the company said Monday.</p><p>The resignations of Jackie M. Ward, former chief executive of Computer General Inc ...

Earnings Preview: Lowe's Cos.

AP News 20 days ago

<div id="subtitle">Analyst expects moderate improvement in Lowe's Cos.' 2nd quarter</div><div><p>No. 2 home-improvement chain Lowe's Cos. reports its second-quarter earnings on Monday. The following is a summary of key developments and analyst opinion related to the period.</p><p>OVERVIEW: Home-improvement ...

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