Home Improvement Retail

Home Depot Inc (NYSE: HD) reported a 14% rise in its fiscal-second-quarter net income. Home Depot's quarterly profit surged to $1.36 billion, from $1.19 billion, in the year-ago period. Its earnings per share rose to $0.86 from $0.72. Shares outstanding dropped 5.2% to 1.58 billion. Home Depot's...

J.P. Morgan has published a research report on the Home Depot (NYSE: HD). In the report, J.P. Morgan wrote, "As we have discussed in the past, customer traffic (and retail stocks) tend to build like a snowball rolling down a hill as an improved consumer experience on one visit emboldens that...

According to Citi, Lowe's (NYSE: LOW) delivered a stronger-than-expected quarter. Citi said that it was driven by tight expense control, share repurchases, and the initial success of its 5% Discount program, which was accretive to EBIT in the quarter. “We continue to prefer Buy-rated HD, which we...

Wal-Mart Stores Inc (NYSE: WMT) moved up 2.26% to $51.11 in the pre-market session. WMT reported a 5.7% rise in its fiscal second-quarter net income. Home Depot Inc (The) (NYSE: HD) added 1.72% to $32.00 in the pre-market session. HD reported a 14% rise in its fiscal-second-quarter net income....

Piper Jaffray is out with its report today on Lowe's (NYSE: LOW), lowering its PT to $19 from $24. In its report, Piper Jaffray writes, "We are lowering our F11E EPS to $1.58 from $1.62 following a second straight quarter of sales and comp weakness. We also note that gross margin of 34.5% fell...

This is your Benzinga news summary and traders' outlook for Tuesday, August 16, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower. At last check, Dow futures are down over 100 points and the U.S....

Pre-open movers US stock futures are lower this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average dipped 107 points to 11,296.00 and S&P 500 index futures fell 16.20 points to 1,182.20. Nasdaq 100 futures dropped 27.75 points to 2,178.75. A Peek...

Global markets have fluctuated wildly in recent weeks, as investors jockey to protect themselves amid an onslaught of debt problems, political bickering, and renewed recession concerns. Less spoken about is some of the better economic news that continuously pops up across the world. Earnings at...

Citigroup has raised the price target on Lowe's (NYSE: LOW) from $20 to $21 and maintains its Hold rating.

Home Depot Inc (NYSE: HD) reported a 14% rise in its fiscal-second-quarter net income. Home Depot's quarterly profit surged to $1.36 billion, from $1.19 billion, in the year-ago period. Its earnings per share rose to $0.86 from $0.72. Shares outstanding dropped 5.2% to 1.58 billion. Home Depot's...

Piper Jaffray has lowered the price target on Lowe's (NYSE: LOW) from $24 to $19 and maintains its Neutral rating.

TJX Companies Inc (The) (NYSE: TJX) is expected to report its Q2 EPS at $0.89 on revenue of $5.44 billion. Home Depot Inc (The) (NYSE: HD) is projected to report its Q2 EPS at $0.83 on revenue of $19.96 billion. Saks Incorporated (NYSE: SKS) is estimated to post a Q2 loss at $0.09 per share on...

Some of the stocks that may grab investor focus today are: Wall Street expects Dell Inc (NASDAQ: DELL) to report its Q2 EPS at $0.49 on revenue of $15.76 billion. Dell shares jumped 4.19% to $16.15 in after-hours trading. Agilent Technologies Inc (NYSE: A) reported a 61% rise in its fiscal third-...

J.P. Morgan is out with its report today on Lowe's (NYSE: LOW), commenting on LOW's Q2 results. In its report, J.P. Morgan writes, "Initially we think the market will look at today's results with some relief that LOW is able to cut costs to make numbers. However, while this may provide a reason to...

ISI is out with its report today on Lowe's Companies (NYSE: LOW), maintaining Hold. In its report, ISI writes, "The bad news is that comps and gross margin came in weaker than expected and full year guidance was lowered; the good news is that LOW began to shutter underperforming stores and...