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Home Depot co-founder and major GOP donor Ken Langone says he feels 'betrayed' by Trump after Capitol riots

Kenneth Langone, co-founder of Home Depot Inc, speaks at a panel discussion at the SALT conference in Las Vegas May 14, 2014. SALT is produced by SkyBridge Capital, a global investment firm. REUTERS/Rick Wilking Billionaire GOP donor Ken Langone told CNBC he feels betrayed by President Donald Trump. The Home Depot co-founder vowed to support President-Elect Joe Biden after his inauguration. Langone has previously been vocal in his support for conservative causes and Trump specifically. Vi...
Tags: Home Depot, Congress, White House, Trends, Joe Biden, Gop, Las Vegas, Biden, Donald Trump, Cnbc, Bernie Sanders, Trump, Home Depot Inc, SkyBridge Capital, US Capitol, Ken Langone


Walmart, Target and Other Big-Box Retailers See Profits Surge During Pandemic

Walmart and Target reported record sales in the second quarter, driven by the convenience of one-stop shopping and their e-commerce operations.
Tags: News, Walmart, E-commerce, Home Depot Inc, Target Corporation, Walmart Stores Inc, Lowe's Companies Inc, Home Repairs and Improvements, Shopping and Retail, Coronavirus (2019-nCoV


DIY boom: 25% jump in Home Depot’s key sales metric

Millions of people forced to work out of the office during the pandemic took on new projects at home and Home Depot is supplying a lot of the DIY material they need. At Home Depot stores open at least a year, sales surged a remarkable 25% in the U.S. during the second quarter, the Atlanta company reported Tuesday. Overall revenue hit $38.05 billion, far exceeding the $34.94 billion Wall Street was expecting, according to a Zacks Investment Research survey. The company easily topped last year’s r...
Tags: Home Depot, Business, Real Estate, Housing, Atlanta, Sport, Soccer, Cnbc, Southern California, San Bernardino, Reuters, Rbc, Zacks Investment Research, Home Depot Inc, Ciccarelli, Craig Menear


Home Depot misses profit estimates as coronavirus costs weigh

Home Depot Inc missed estimates for quarterly profit on Tuesday, as the home improvement chain spent about $850 million on benefits for employees keeping its stores and warehouses running through the COVID-19 pandemic.
Tags: Home Depot, Money, businessNews, Home Depot Inc


Home Depot misses profit estimates after handing out virus-related bonuses

Home Depot Inc missed estimates for quarterly profit on Tuesday, as the home improvement chain spent heavily to compensate employees working at its stores during the COVID-19 pandemic.
Tags: Home Depot, Money, businessNews, Home Depot Inc


Home Depot Halts Sales of N95 Masks Amid Shortage, Company Says

The retailer said it had redirected shipments of the masks to health care providers and emergency responders.
Tags: News, Masks, United States, Trump, Medical Devices, Home Depot Inc, Target Corporation, 3M Company, Lowe's Companies Inc, Shopping and Retail, Donald J, Amazon.com Inc, Protective Clothing and Gear, Stockpiling, Coronavirus (2019-nCoV


Private Planes, Secluded Homes, and Vaccine Pleas: Here’s How Wealthy Americans Are Preparing for COVID-19

(Bloomberg) — One investor may fly to Idaho with or without family. A doctor in a Colorado ski town is soothing wealthy clients who want a cure. And one New Yorker called up the hospital with his name on it. Like everyone across the U.S., the rich are bracing for a deadly coronavirus outbreak. Ken Langone, the co-founder of Home Depot Inc., watched President Donald Trump’s press conference and wondered if the media was overplaying the risk ± but he also made two well-placed phone calls fr...
Tags: New York, News, Colorado, Uncategorized, Davos, Southampton, Idaho, Italy, Switzerland, Treasury, World Health Organization, Donald Trump, Jamie Dimon, Centers For Disease Control And Prevention, New York University, Trump


Jack Welch, Influential General Electric Chairman and CEO, Dies at 84

(Bloomberg) — Jack Welch, the champion of corporate efficiency who built General Electric Co. into one of the world’s largest companies and influenced generations of business leaders, has died. He was 84. His death was reported Monday by CNBC, which cited his wife, Suzy. The former GE chairman and chief executive officer, whose blunt style and ceaseless cost cutting earned him the sobriquet “Neutron Jack,” mentored proteges who went on to run some of the world’s best-known companies. Name...
Tags: News, Ge, New York City, Uncategorized, America, Bill Clinton, Warren Buffett, Jack, Suzy, Fortune, Harvard Business Review, Cnbc, Charlie Rose, Yale University, University Of Illinois, Massachusetts Institute Of Technology


Lowe's misses same-store sales estimates, forecasts weak 2020

Lowe's Cos Inc missed quarterly same-store sales estimates on Wednesday due to stiff competition from larger rival Home Depot Inc, and forecast annual earnings below expectations.
Tags: Money, businessNews, Lowe, Home Depot Inc, Cos Inc


Housing market strength underpins Home Depot's holiday-quarter results

Home Depot Inc benefited from a solid U.S. housing market and higher job growth that led consumers to spend more at its stores in the holiday shopping quarter, helping the home improvement chain beat sales and profit estimates.
Tags: Money, businessNews, Home Depot Inc


Home Depot cuts sales goal as online push not delivering as expected

Home Depot Inc said on Tuesday the marriage of its online and brick-and-mortar businesses was not yet generating as much revenue as it had expected, prompting the retailer to cut its 2019 sales forecast for the second time this year.
Tags: Home Depot, Money, businessNews, Home Depot Inc


Home Depot cuts outlook as 3Q revenue misses forecast

Home Depot had a rocky third quarter, with revenue and a key sales figure missing analysts’ expectations. The home improvement company also cut its forecasts for full-year revenue and comparable sales. Shares dropped 5.8% before the market open on Tuesday. For the three months ended Nov. 3, Home Depot Inc. earned $2.77 billion, or 2.53 […]
Tags: Home Depot, Business, News, Home Depot Inc, Nov


Department store woes worsen; Kohl's, J.C. Penney sales miss

The optimism for department stores after Macy’s Inc.’s rosier report last week was short-lived, with J.C. Penney Co. and Kohl’s Corp. posting sales declines Tuesday that rattled the industry. Shares of both sank. Same-store sales, a key gauge of retail success, missed projections at both chains, signaling the stores still have their work cut out for them as shoppers’ preferences evolve. “Last year, shoppers were spending freely and were able and willing to make purchases of discretionary p...
Tags: Amazon, New York, China, Advertising, Walmart, Retail, Tj Maxx, Trump, Macy, Home Depot Inc, Kohl, Penney, J C Penney, Bloomberg Intelligence, Amazon com Inc, Goyal


Conservatives target Ocasio-Cortez's 'Green New Deal' in New York billboards

The digital billboards on the side of a skyscraper in Manhattan's Times Square are the latest broadside against the 29-year-old liberal known as "AOC," by the Job Creators Network, founded by billionaire Bernard Marcus, a former chief executive of Home Depot Inc. Representative Ocasio-Cortez, whose district includes parts of the New York City boroughs of the Bronx and Queens, has sought to push her party to the left on environmental and economic issues. Ocasio-Cortez had opposed Amazon.com Inc...
Tags: New York, News, New York City, Queens, Manhattan, Bronx, Times Square, Aoc, Home Depot Inc, Amazon com Inc, Bernard Marcus, Ocasio Cortez


Wall Street set to rebound after technology-led selloff

U.S. stocks were set to open higher on Tuesday, as strong results from Home Depot Inc and hopes of progress in the U.S.-China trade talks helped Wall Street's recovery from a technology-driven selloff.
Tags: Money, China, businessNews, Home Depot Inc


Home Depot second-quarter sales bounce back, results top estimates

Home Depot Inc's profit and revenue topped estimates on Tuesday despite signs of a slowdown in the housing market, boosted by a rebound in demand for seasonal products and as shoppers spent more to remodel their homes.
Tags: Home Depot, Money, businessNews, Home Depot Inc


Home Depot's second-quarter sales top estimates, shares rise early

Home Depot Inc on Tuesday reported second-quarter sales that beat Wall Street estimates and revised its earnings forecast for the year, boosted by a rebound in demand for seasonal merchandise and as more shoppers made purchases.
Tags: Money, businessNews, Home Depot Inc


Is The Home Depot, Inc. a Buy?

The company has shown strong sales growth.
Tags: Finance, Article, Home Depot Inc, FBN, Motley Fool, Fbn/markets, Fox-business/markets, B0d35316-8d72-51ed-a084-f2c5ec77428a


Better Buy: The Home Depot, Inc. (HD) vs. Sherwin-Williams (SHW)

We pit these two home-improvement leaders against each other to see which is the best choice for your portfolio.
Tags: Finance, Article, Home Depot Inc, FBN, Sherwin Williams, Motley Fool, Fbn/markets, Fox-business/markets, 18ebb816-b694-5e55-b1a4-126d6c5595ea


J.C. Penney plunges on news CEO Ellison exiting for Lowe’s

J.C. Penney Co. slumped after Chief Executive Officer Marvin Ellison abruptly resigned to take the top job at home-improvement retailer Lowe’s Cos. Ellison will step down on June 1 and four top executives will share the day-to-day operations until a new chief executive is appointed, J.C. Penney said Tuesday. Shares of the struggling department-store chain dropped 6.4 percent on the news. The CEO, who has been at J.C. Penney since 2014 and assumed the top job a year later, has struggled to turn a...
Tags: Business, Sport, Soccer, Ellison, Lowe, Home Depot Inc, Penney, Marvin Ellison, J C Penney Co, Robert Niblock, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun


J.C. Penney same-store sales miss estimates, cuts profit forecast

J.C. Penney is the second retailer after Home Depot Inc to blame the prolonged cold weather for a drop in same-store sales.
Tags: Finance, Article, Reuters, Home Depot Inc, Penney, FBN, Fbn/markets, Fox-business/markets/earnings, 27764c41-99e7-53bc-824a-3040d4a97ed1


Home Depot, Newmont Mining and D.R. Horton skid

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:KeyCorp., up 31 cents to $20.47Financial firms jumped as bond yields rose to their highest levels in almost seven years.Home Depot Inc., down $3.10 to... [Author: [email protected]]
Tags: Business, New York, Ap, Horton, Home Depot Inc, KeyCorp


Is Home Depot Inc. a Millionaire-Maker Stock?

It's a huge business already, but the home improvement retailer has what it takes to deliver market-beating returns.
Tags: Finance, Article, Home Depot Inc, FBN, Motley Fool, Fbn/markets, Fox-business/markets, 8b159174-4aec-5d46-a05c-163f5b0a3072


Suspect arrested in the shooting of two Dallas police officers: police

(Reuters) - A suspect was arrested on Tuesday after two Dallas police officers were shot and critically wounded at a Home Depot Inc store and a civilian was also shot in the incident, police said. Armando Juarez, 29 was arrested and being held on multiple counts of aggravated assault on a police officer, Dallas Police Chief U. Reneé Hall said during a news conference. The man had a handgun and shot two responding officers and a store loss-prevention officer, the Dallas Morning News reported.
Tags: News, Dallas, Dallas Morning News, Reuters, Home Depot Inc, Renee Hall, Armando Juarez


Card Data Stolen From 5 Million Saks and Lord & Taylor Customers

A ring of cybercriminals tapped into cash registers at retail stores to obtain the card numbers, then offered them for sale, a security firm says.
Tags: News, E-commerce, New Jersey, Mergers, Computer Security, Saks Fifth Avenue, Home Depot Inc, Helena, Equifax Inc, Storch, Target Corporation, Fashion and apparel, Acquisitions and Divestitures, Shopping and Retail, Lord & Taylor, Cyberattacks and Hackers


Home improvement chain Lowe's CEO to retire, shares rise 8 percent

(Reuters) - Lowe's Cos Inc on Monday said its chief executive officer is retiring, the latest executive departure as the home improvement chain tries to move out of the shadow of larger rival Home Depot Inc that has outperformed it for years.
Tags: Money, businessNews, Lowe, Home Depot Inc, Reuters Lowe s Cos Inc


Better Buy: The Home Depot, Inc. vs. Lowe's

One of these home-improvement retail giants is clearly executing better than the other.
Tags: Finance, Article, Lowe, Home Depot Inc, FBN, Motley Fool, Fbn/markets, Fox-business/markets, 696aed2e-0790-5e05-9c9d-2f4c9ad5a015


Home Depot in $27.84 million California hazardous waste, privacy settlement

Home Depot Inc agreed to pay $27.84 million to settle charges by California's attorney general that it illegally disposed of hazardous waste in that state and threw out customer records without first rendering personal information unreadable. The attorney general, Xavier Becerra, on Thursday said the largest U.S. home improvement retailer will pay $16.64 million in civil penalties, $9.35 million toward environmental protection and compliance, and $1.85 million to cover costs. California said H...
Tags: Home Depot, News, California, Home Depot Inc, Xavier Becerra


Home Depot Inc. Management Talks Online Sales Growth, Pro Customers, and More

Three of Home Depot's most important catalysts kept up their momentum in Q4.
Tags: Finance, Article, Home Depot Inc, FBN, Motley Fool, Fbn/markets, Fox-business/markets, 371626d6-8cf2-5740-8908-4f533e0ae955


Bonuses After Tax Cut Don’t Always Live Up to Their Billing

Extra cash is always welcome, but payouts may be smaller and come with more strings attached than workers expected.
Tags: News, Bonuses, Home Depot Inc, Walmart Stores Inc, Lowe's Companies Inc, Wages and Salaries, Corporate Taxes, Labor and Jobs, Tax Cuts and Jobs Act (2017