Home Improvement Retail

This morning many of the leading retail stocks reported earnings. The popular Retail Holders Trust(NYSE: RTH) is trading lower by $1.26 to $107.99 a share. The RTH looks to have some intra-day support around the $107.00 level should it trade down there. This is a level where traders can look for a...

Oppenheimer reports that it is looking very favorably upon the better-than-expected 4Q (Jan. 2011) results and updated FY11 (Jan. 2012) guidance that Home Depot, Inc. (NYSE: HD) reported today. “Sales at HD and within the home improvement sector have languished for some time,” Oppenheimer writes....

Deutsche Bank is maintaining its $31 PT on shares of Lowe's Companies, Inc. (NYSE: LOW). “This is in line with our average price target of 14x-15x for our hardline group, as well was in line with the 5 year average hardline multiple of about 15x,” Deutsche Bank writes. Lowe's Companies closed...

Pre-open movers US stock futures are lower this morning as unrest continued in the major oil-producing state of Libya. Futures for the Dow Jones Industrial Average tumbled 95 points to 12,280, while those for the S&P 500 index dropped 16.70 points to 1,326. Futures for the Nasdaq 100 declined...

US stock futures are lower this morning as unrest continued in the major oil-producing state of Libya. Futures for the Dow Jones Industrial Average tumbled 100 points to 12,275.00, while those for the S&P 500 index dropped 16.6 points to 1,325.60. Futures for the Nasdaq 100 declined 36 points...

Home Depot (NYSE: HD) reports its Q4 EPS at $0.36, beating the consensus of $0.31. HD reports its Q4 revenue at $15.13 billion, versus the consensus of $14.80 billion. HD shares gained 1.09% to $38.90 in after-hours trading. Read more from Benzinga's Company news.

Macy's Inc (NYSE: M) is projected to report its Q4 EPS at $1.52 on revenue of $8.27 billion. Hewlett-Packard Company (NYSE: HPQ) is estimated to report its FQ3 EPS at $1.29 on revenue of $32.95 billion. Medco Health (NYSE: MHS) is projected to post its Q4 EPS at $0.94 on revenue of $16.65 billion...

Some of the stocks that may grab investor focus today are: Wall Street expects Hewlett-Packard Company (NYSE: HPQ) to report its FQ3 EPS at $1.29 on revenue of $32.95 billion. HPQ shares gained 0.68% to $49.00 in after-hours trading. Analysts are expecting Wal-Mart Stores Inc (NYSE: WMT) to have...

Berkshire Hathaway (BRK-A) (BRK-B), the company run by billionaire Warren Buffett, has decided to to eliminate a couple of high profile names from its portfolio, including Nike (NKE), Bank of America (BAC), and Comcast (CMCSK). Buffett also got rid of Lowes (LOW), Becton Dickinson, (BDX), Nalco...

Piper Jaffray maintained its Home Depot (NYSE: HD) Neutral rating and raised its Home Depot price target from $32 to $33 in a research report published today. In the report, Piper Jaffray states, "We believe HD has done a good job growing OPM over the past couple of years, however, difficult comps...

Piper Jaffray has raised the price target on The Home Depot (NYSE: HD) from $32 to $33 and maintains its Neutral rating.

Piper Jaffray has raised the price target on Lowe's Companies (NYSE: LOW) from $25 to $26 and maintains its Neutral rating.

On CNBC's Options Action, Mike Khouw suggested that investors should consider a stock replacement strategy, as a way to keep a long position in The Home Depot, Inc. (NYSE: HD) ahead of earnings report. He also recommended a call spread as a way to get long Home Depot (HD). He said that stock is...

The Board of Directors of The Sherwin-Williams Company (NYSE: SHW) today announced an increase in their quarterly dividend from $0.36 per common share to $0.365 per common share, payable on March 11, 2011, to shareholders of record on February 25, 2011. This increase follows 32 consecutive years...