Home Improvement Retail

Below are the top home improvement stores stocks on the NYSE and the NASDAQ in terms of cash. The Home Depot (NYSE: HD) had $2.81 billion in total cash and $10.80 billion in total debt for the latest quarter. Lowe's Companies (NYSE: LOW) had $2.30 billion in total cash and $9.60 billion in total...

Lowe's Companies (NYSE: LOW) shares dropped 7.21% to $25.86 in pre-market trading. Lowe's reported weaker-than-expected Q2 results. ZAGG (NASDAQ: ZAGG) dipped 5.11% to $7.99 in the pre-market session. Analysts at Janney Capital downgraded ZAGG from “buy” to “neutral.” Best Buy Co (NYSE: BBY)...

Lowe's Companies (NYSE: LOW) reported weaker-than-expected Q2 results. Lowe's posted its quarterly earnings at $747.0 million, or $0.64 per share, versus $830.0 million, or $0.64 per share, in the year-ago period. Its sales declined 2% to $14.25 billion. However, analysts were expecting a profit...

Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today reported net earnings of $747 million for the quarter ended August 3, 2012, a 10.0 percent decrease over the same period a year ago. Diluted earnings per share of $0.64 were flat versus the second...

Lowe's Companies Inc. (NYSE: LOW) confirmed today that it has made a non-binding proposal to the Board of Directors of Canadian home improvement and hardware retailer RONA Inc. (TSX: RON) ("RONA") to acquire all of the issued and outstanding common shares of RONA for C$14.50 in cash per share. A...

KeyBanc reduces its rating on Lumber Liduidators (NYSE: LL) from Buy to Hold and suspends its previous $29 price target on shares. KeyBanc notes, "Over the last several years, we have remained bulls on the underlying business, management team, and growth opportunity; however, with the stock up 94...

Analysts at UBS downgraded CTC Media (NASDAQ: CTCM) from “buy” to “neutral.” CTC Media's shares closed at $7.98 yesterday. CTC Media's trailing-twelve-month ROE is 8.56%. Analysts at KeyBanc Capital Markets downgraded Lumber Liquidators Holdings (NYSE: LL) from “buy” to “hold.” Lumber Liquidators...

According to the S&P/Case-Shiller Survey Home Price Indices, a measure of U.S. home prices, showed that on average home prices increased 1.3% in the month of April for both the 10- and 20-City Composites. This comes after seven consecutive months of falling home prices as measured by both...

Piper Jaffray reiterates an Overweight rating on Lumber Liquidators (NYSE: LL) and raises the price target to $35 following a meeting with management. Piper Jaffray comments, “We are reiterating our Overweight rating and raising our price target to $35 (22x 2013 EPS of $1.59) on LL shares after...

Shares of Tractor Supply (NASDAQ: TSCO) are falling on heavy volume during Monday's trading session after analysts at Goldman Sachs (NYSE: GS) lowered their earnings estimates for the company. The firm also trimmed their 12-month price target on the stock from $100 to $93. The analysts cited...

Lowe's (NYSE: LOW) of directors declared a 14.3 percent increase in its quarterly cash dividend to 16 cents ($0.16) per share, payable August 8, 2012, to shareholders of record as of July 25, 2012. Lowe's has declared a cash dividend each quarter since going public in 1961.

The Pending Home Sales index measures housing contract activity. It is based on signed real estate contracts for existing single-family homes, condos and co-ops. The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 5.5 percent to 95.5 in April from a...

The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey decreased 1.3% versus the prior week. This is essentially bullish for the U.S. housing market. MBA Mortgage Applications measures the change in the...