Monthly Archive

You are currently perusing the May, 2007 archive.

Four Ways to Save on Your Homeowners Premium

May 31st, 2007

Street.Com - It’s a jargony way of saying “home improvement.” The discounts vary by company and often depend on where you live. Some states require companies to offer certain discounts. For example, Florida requires insurers to offer discounts for protecting Continue reading

Chicago Tribune - They’re great for what we call endemic advertising, such as home-improvement products, doors, windows, etc. But they’re also great for a variety of lifestyle products. We place ads [on the real estate shows] for insurance companies, financial Continue reading

Motley Fool - Despite the recent slowdown at the home improvement superstore chains, Lowe’s declared a 60% spike in its dividend rate before Friday’s annual shareholders meeting. Investors will now receive a $0.08 per-share check every three months. Lowe’s has Continue reading

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Lowe’s developer backs off parking plan

May 30th, 2007

Watertown TAB & Press - The developers of a planned Lowe’s Home Improvement store on the Waltham line withdrew their requests for a special permit that would have allowed the mega-store to have fewer parking spaces than normally required. Three months after a contentious More

Information Week - If the reports about someone using the wireless “wardriving” technique to poach data from a Marshalls wireless network are true, then TJX can’t escape the fact that the Lowe’s home improvement store chain was hit by an eerily similar 2003 attack More

MSN MoneyCentral - apparel, nearly 30 percent will get a gift card, about 18 percent will get electronics, 14 percent will receive sporting goods or leisure items, another 14 percent will get tools or appliances and more than 12 percent will get home improvement items More

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Memorial Day crucial for retail recovery

May 30th, 2007

CNN Money - Besides Macy’s performance, Johnson said he was also keeping close tabs on the home improvement chains Home Depot ( Charts , Fortune 500 ) and Lowe’s. “With Home Depot and Lowe’s, the question is whether sales picked up just for seasonal items like More details

Las Vegas Sun - Las Vegas residents looking to start home improvement projects this summer can get answers to some frequently asked permit questions at four “Homeowner Nights” sessions at community centers in June. Representatives from the city’s Planning and More details

Fort Lauderdale Sun-Sentinel - Last year, stores couldn’t restock them fast enough and lines formed outside area home improvement stores in the early morning hours so that people could ensure they got one. “We’re just making sure that our shelves are stocked,” said Brian Matthews More details

Slate - We assume a home-improvement project will take longer and cost more than our more optimistic estimates. We pay our insurance premiums, live in affordable homes and happily buy off-label clothes. Negativity is said to be about fear, and the positive More details

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Keep your cool during the summer heat

May 28th, 2007

AZCentral.com - an existing lighting fixture, installation isn’t too complicated. “They’re a snap,” said Kimberly Bravo, a Mesa mother of two who installed fans in her family’s home. But if you feel queasy about dealing with electricity, most home-improvement stores Continue

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Rona looks ripe for takeover

May 26th, 2007

Stockhouse Canada - Could home improvement chain Rona Inc. (RON/TSX) be the target of a leveraged buyout? Anthony Zicha, a Scotiabank retail analyst who rates the shares ’sector outperform’ with a target of $26.50, believes there are few structural issues to prevent a Details

Jackson Clarion-Ledger - CHARLOTTE, N.C. -Lowe’s Cos. Chief Executive Robert Niblock said Friday that strong housing sales figures released this week have not affected the home improvement retailer’s financial view for 2007. Speaking after the company’s annual shareholders Details

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Home Depot tries openness

May 25th, 2007

Raleigh News & Observer - I am never going to back away from it.” So it went, back and forth, during a day of discussions about the future of the giant home improvement retailer that returned repeatedly to the past — back to the company’s two major founders, who were both continued

Herald Tribune - LAS VEGAS: New criminal charges were filed Thursday accusing one of two illegal immigrants held in a deadly bomb attack outside a Las Vegas Strip resort with planting a device that blew up last year outside a home improvement store. Accused bombmaker continued

KABC - He admits he almost died. Lewis is a friend of ABC12’s Joel Feick. Lewis helped the station many times over the years with expert advice on home improvement. And he was fixing up a house when he had a life-changing accident. As a licensed home continued

Forbes - The Company is the exclusive manufacturer of Weyerhaeuser ChoiceDek(R) decking, which is available in multiple colors and is sold in all Lowe’s Home Improvement stores. The ChoiceDek(R) product offering is being expanded this spring in most Lowe’s continued

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Labour must get switched on or be seen as inept

May 24th, 2007

Times Online - Much of the lead has been taken by opposition politicians, such as the Conservatives Michael Gove on home improvement and Andrew Lansley over the doctors (like Sir Menzies Campbell over the freedom of information exemption for MPs). But the Read more

Waterbury Republican-American - WATERBURY — Plans to build a Lowe’s Home Improvement store off Progress Lane have encountered stumbling blocks with state and federal agencies that threaten to undermine the much-anticipated project. The Army Corps of Engineers and the state Read more

MSN MoneyCentral - Home Depot, the largest home improvement retailer, has also suffered recently from the housing market troubles, while its main competitor, Lowe’s, sounded gloomy in its outlook for the year. Toll said it earnings were weak in part becuse it has been Read more

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Retail retreats for home-improvement giant

May 24th, 2007

Memphis Commercial Appeal - CHARLOTTE, N.C. — Profit at Lowe’s Cos. fell 12.1 percent in the first quarter, disappointing analysts’ expectations and depressing shares of the country’s second-largest home improvement retailer. The Mooresville, N.C.-based company said mixed Details

Morris County Daily Record - In addition, Merola was the head of a sophisticated theft operation that involved fraudulent purchases of high-end merchandise from home improvement stores in north and central New Jersey, officials said. The extent of the loss to the stores is not Details

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Home Depot supply unit sale faces issues: report

May 24th, 2007

Boston Globe - Home Depot, the world’s largest home-improvement chain, said earlier this year it hired Lehman Brothers as its financial adviser as it considered a sale, spin-off or initial public offering of HD Supply. Analysts have valued the unit at more than More details

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Retail retreats for home-improvement giant

May 22nd, 2007

Memphis Commercial Appeal - CHARLOTTE, N.C. — Profit at Lowe’s Cos. fell 12.1 percent in the first quarter, disappointing analysts’ expectations and depressing shares of the country’s second-largest home improvement retailer. The Mooresville, N.C.-based company said mixed continued

Indianapolis Star - The housing slump’s ripple effect is continuing through the home-building and home- improvement industries. Profit at Lowe’s Cos. fell 12.1 percent in the first quarter, disappointing analysts’ expectations and depressing shares of the country’s continued

Everett Herald - Home improvement slump hits Lowe’s Profit at Lowe’s Cos. fell 12.1 percent in the first quarter, disappointing analysts’ expectations and depressing shares of the country’s second-largest home improvement retailer. The Mooresville, N.C.-based company continued

Boston Globe - Home Depot, the world’s largest home-improvement chain, said earlier this year it hired Lehman Brothers as its financial adviser as it considered a sale, spin-off or initial public offering of HD Supply. Analysts have valued the unit at more than continued

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