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The Home Depot Announces Fourth Quarter Dividend 

February 25th, 2007

The Home Depot , the world’s largest home improvement retailer, today announced that its board of directors approved a fourth quarter cash dividend of 22.5 cents per share. This is the 80th consecutive quarter the Company has paid a cash dividend. Continue reading…

Stocks fell early Friday as investors weighed the latest runup in oil prices and earnings from Lowes, the No. 2 home improvement chain. Continue reading…

The Home Depot’s (HD) sales continued their downward spiral during recent months, as the home improvement retailer struggles to recover from a host of problems. Continue reading…

Lowe’s Cos., the world’s #2 home-improvement retailer, said this morning Q4 2006 profits fell 12% from $693 million to $613 million, on a sales drop from $10.81 billion to $10.41 billion. Continue reading…

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Lowe’s tops forecast,shares given a boost 

February 25th, 2007

Though profits at Lowe’s fell 11.5% in the latest quarter, the results beat Wall Street expectations and investors rewarded the home improvement retailer with a 3.8% stock gain. "With everything we experienced in 2006, I am still greatly pleased," said Robert Niblock, Lowe’s chairman and CEO. …continued

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Lowe’s Q4 profit falls 12% — but less than predicted by analysts 

February 25th, 2007

U.S. home improvement firm Lowe’s Cos. said its net income for the fourth quarter fell 12 per cent, lesser than predicted by analysts, as the weakening housing market in the country impacted its business. Continue reading…

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Dow drops 39, Nasdaq sheds 10; Oil rises 

February 24th, 2007

Stocks ended a lackluster week with a moderate decline Friday as higher oil prices weighed on investors’ already rickety sentiment and Treasurys rallied amid concerns about a meltdown in the subprime mortgage market among companies that offer loans to those with spotty credit. Continue reading…

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From The Archives

February 24th, 2007

New Orleans Times-Picayune - Based on such criteria as hotel occupancy and parade crowds, tourism officials Wednesday declared this year’s Carnival not only a resounding success but also a harbinger of tourism’s resurgence in the city that Hurricane Katrina ravaged. “This felt continued

Ledger - In other corporate news, Lowe’s Cos., the nation’s second-largest home improvement chain behind Home Depot Inc., rose $1.30, or 3.9 percent, to $34.93 after the company posted better-than-expected fiscal fourth-quarter results. Home Depot was off 22 continued

WTVD - (02/23/07 — CHARLOTTE) - Lowe’s Cos., the nation’s second biggest home improvement store chain, said Friday that its fourth-quarter profit fell 11.5 percent due to a slowing home improvement market amid a continued slump in the housing sector. But continued

Killeen Daily Herald - With more than 175 exhibits, the 31st Annual Temple Area Builders Association Home and Garden Show today and Sunday at the Bell County Expo Center provides Central Texans with a plethora of starting points for home improvement. “Anyone who needs an continued

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Investors shrug off Home Depot

February 23rd, 2007

Seattle Times - Home Depot, the world’s largest home-improvement retailer, said sales fell in the fourth quarter at stores open more than a year, suggesting consumers’ appetite for home-improvement goods is still dwindling due to the sluggish housing market. The More

Kansas City Star - Home Depot, the largest home improvement retailer, said sales at stores open more than a year dropped in the fourth quarter, suggesting that consumers appetite for home improvement goods is still dwindling. The company s results sent the market More

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BREAKING NEWS: Menard’s set for Ottawa

February 23rd, 2007

Times-Press - A national home improvement store chain wants to build a store in Ottawa. Ottawa Mayor Robert Eschbach said in a news release this afternoon that Menards is planning to establish a 162,000-square-foot store on 28 acres between Stevenson and Dayton read more

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BAE Systems, Centrica rise lead FTSE to higher close 

February 23rd, 2007

LONDON (MarketWatch) — Earnings results and mining shares gave London’s top index a lift Thursday, with defense operator BAE Systems one of the strongest advancers after it said that 2006 profit more than doubled. Continue reading…

Home Depot Inc. , the world’s largest home improvement retailer, posted a 28 percent drop in fourth-quarter profit on Tuesday as the weak U.S. housing market depressed sales. Continue reading…

EFFINGHAM - A 500,000-square-foot shopping center on 60 acres with several “big box” retailers will open in 2008 near Effingham High School. Continue reading…

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Earnings: Home Depot’s 4th-quarter profit drops 28 percent Hewlett

February 22nd, 2007

Seattle Post Intelligencer - The Home Depot Inc., the world’s largest home improvement store chain, Tuesday reported a 28 percent drop in fourth-quarter profit despite a modest 4 percent gain in overall sales. However, sales at stores open at least a year fell in the quarter continued

Chicago Sun-Times - HOME DEPOT INC. , the world’s largest home improvement store chain, reported a 28 percent drop in fourth-quarter profit despite a modest 4 percent gain in overall sales. Sales at stores open at least a year fell 6.6 percent in the quarter. Home Depot continued

National Post - TORONTO — Home Depot Inc. posted a 28% drop in its fourth quarter profit on Tuesday, as declines in U.S. housing sales slowed the home improvement market and the company reported costs related to acquisitions. Profit for the fourth quarter, the continued

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A New Home Improvement Site Makes Its Launch 

February 22nd, 2007

www.diydealsdiscounts.com, a brand-new do-it-yourself home improvement site, proudly announces its launch. Continue reading…

The Home Depot Inc., the world’s largest home improvement store chain, reported Tuesday a 28 percent drop in fourth-quarter profit despite a 4 percent gain in overall sales. However, sales at stores open at least a year fell in the quarter. Continue reading…

The country’s top home improvement retailer hopefuls looked to “nail” the big interview in New York City as they vied for a winning spot in the second and third rounds of the national Dream Ace Contest, which will award one aspiring entrepreneur the business opportunity of a lifetime — his or her very own Ace Hardware store valued at $1 million. Continue reading…

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