Monthly Archive

You are currently perusing the February, 2007 archive.

U.S. stocks slip after Home Depot earns, satellite radio deal 

February 21st, 2007

Wall Street retreated Tuesday as a huge decline in Home Depot Inc.’s profit last quarter offset excitement over the deal between XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. The world’s largest home improvement store chain reported a 28 percent drop in fourth-quarter earnings, indicating that the home improvement industry is still being dragged down by the sluggish housing … More…

Bruce Williams Homes Inc. is joining other builders statewide in diversifying their businesses and sidestepping the unpredictable and sluggish new-home market. More…

NEW YORK, Feb. 20 — Wall Street managed a moderate advance in an uneven session Tuesday after a drop in oil prices and encouraging comments from a Federal Reserve official allowed investors to shrug off disappointment over declining sales at Home Depot. More…

RIHI is proud of its reputation of being a leader in the Home Improvement industry. We recognize that pride in one’s home is fundamental to one’s way of life. More…

Tags: , , ,

To view the full list of increases click on the link icon.

February 21st, 2007

9&10 News - You can do this stuff” That is the catch-phrase for Don Zeman , a home improvement expert who offers practical, yet easy advice Mondays on Michigan This Morning , and 9&10 News at Noon . Travelwise brings you the latest travel news, plus gives you Details

PRWeb - Case Design/Remodeling, Inc. Employee Elected Chapter Director for Leading Industry Association Case Design/Remodeling, Inc. , the largest full-service home improvement company in the country, is proud to announce that on Thursday, December 2nd Details

Tags: , , ,

Small Business Network

February 20th, 2007

WBZ-AM - Search: Browse Categories Automotive Donation Automotive Services B2B Beverage Business Training Carpet Cleaning Commercial Consultancy Computing Solutions Dry Cleaners Education Energy Financial Planning Funeral Services Home Appliances Home Continue reading

Forbes - Home Depot, the world’s 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 due to the sluggish housing market. Continue reading

Tags: , , ,

Events Calendar

February 20th, 2007

Baltimore Sun - Thursday through Feb. 25, the Capital Home and Garden Show features new home products and services, garden displays, information from more than 750 on-site experts, appearances by home improvement gurus. Show hours are 5 p.m.-9:30 p.m. Thursday, 10 a details

Tags: , , ,

Home Depot’s profits fall

February 20th, 2007

Atlanta Business Chronicle - The Home Depot Inc. reported that its earnings fell slightly during full year 2006 but fell sharply during the fourth quarter. The Atlanta-based home improvement giant (NYSE: HD) reported that its sales grew 11.4 percent during full year 2006, to $90 More

Daily Tribune - Coulter will speak at several upcoming seminars along with Kathy Williams of the Oakland County Home Improvement Division. Williams counsels homeowners facing foreclosure. Speakers from the Oakland Livingston Human Service Agency, LaSalle Bank, Wells More

Charlotte Observer - After hitting an all-time high in 2005, Lowe’s ratings tumbled 5 percent to 74 points in 2006 — the lowest since the survey began tracking the Mooresville-based home improvement giant six years ago. Meanwhile, Home Depot’s ratings rose 4.5 percent More

Tags: , , ,

Masco posts quarterly losses; to cut 8,000 jobs in 1Q 

February 19th, 2007

NEW YORK, February 15 (newratings.com) Home improvement and building products manufacturer Masco Corp ( MAS.NYS ) Wednesday announced quarterly losses for the first time in five years, while guiding to lower-than-expected profits for 2007. The company also announced plans to cut its US workforce by 16% due to the ongoing slump in the countrys housing segment. Read more…

Published: Friday, February 16, 2007 Joseph Gay, of Williston, is accused of collecting substantial payments from homeowners toward home improvement work he agreed to do but never completed or started, the Vermont Attorney General’s Office said this week. Read more…

MOHEGAN — Vendors and customers at the seventh annual Builders Association of Eastern Connecticut Home Show are going green. Read more…

I finally have some good news for anyone looking for a cure for the sitcom drought. After hearing me gripe about the state of the genre, TBS has come up with its own solution and developed a studio-audience-based comedy about a dysfunctional family with three children. It’s funny. Read more…

Tags: , , ,

After costly lesson, he sticks with stocks six times longer

February 19th, 2007

Philadelphia Inquirer - The company was run by Arthur Blank and Bernard Marcus, who went on to start Home Depot, the world’s largest home-improvement retailer, with a market value of $85 billion. “Because I sold early, I didn’t get to invest in Home Depot and make untold Continue reading

Tags: , , ,

This Year’s Home Improvement: Embrace Your Outdoor Space 

February 18th, 2007

With spring just around the corner, it’s time to start planning this year’s home improvement projects. Your deck or patio offers valuable square footage that can be converted to functional living space. New trends this season have interior designers thinking beyond the walls and into the yard. …read more

Masco Corp., a maker of home improvement and building products, on Wednesday issued a wide-ranging 2007 earnings forecast that was below Wall Street’s consensus view. It said the result hinges on an increasingly unpredictable housing market. …read more

One Twin Cities-area company saw its stock price plunge 70 percent in the last year, expects a loss for 2006 and had to work with its lenders to avoid default. …read more

Masco Corp., one of the nation’s largest producers of home improvement and building products, expects it will have slashed 8,000 jobs from its U.S. work force, or about 16 percent of the total, by the end of its first quarter, its top executive said Wednesday. …read more

Tags: , , ,

Mohegan Sun Home Show draws in do-it-yourself crowd

February 18th, 2007

Norwich Bulletin - Earlier this morning, contractors, homeowners and passers-by crowded into the Mohegan Sun Arena to browse through the newest home improvement products. Vendors were lined up elbow-to-elbow, handing out business cards and brochures to event attendees Continue

Stockhouse Canada - the Atlanta ‘Sharp housing market deterioration, stagnant home prices, declines in appliance sales, a difficult comparison against last year’s Hurricane Katrina- related rebuilding activity, and lumber deflation resulted in very weak home improvement Continue

Forbes - Among his first moves was naming a representative from activist Relational Investors LLC to the home-improvement retailer’s board in exchange for Relational dropping its proxy contest. Of course, not every negotiation will end with a truce. Friendly Continue

Tags: , , ,

Home Show’s a success; plan ahead, more to come

February 18th, 2007

Detroit News - I don’t need a crystal ball to prognosticate. All I need do is go to the first home show of the year and I can tell you what the year will be like for the home improvement market. If you watch TV or read the newspapers, death, disaster, discontent continued

Tags: , , ,