Home Depot Profit Rises on Services, Pros
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Home improvement industry leader Home  Depot Inc. HD.N on Tuesday reported a 15 percent rise in  third-quarter profit, topping estimates, driven by sales in its  installed and professional businesses.
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U.S. home goods retailer Bed Bath &  Beyond Inc posted a slightly higher quarterly profit on  Wednesday, helped by increased sales and a one-time tax  benefit.
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Stocks rose on Tuesday after stronger-than-expected data on the services sector boosted optimism about U.S. economic growth and profits.
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Shares of Home Depot Inc  were up 1.3 percent on Friday as investors waited for word about whether a sale was on or off for the home improvement retailer's contractor business.
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Home improvement retailer Lowe's Cos.  reported better-than expected earnings on Friday even as the weak U.S. housing market hurt results, and its shares rose as much as 6 percent to an all-time high as it said sales could trend upward this year.
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Home Depot Inc. HD.N, the world's  largest home improvement retailer, on Tuesday said quarterly  profit rose, topping estimates, as technology upgrades and  other store improvements helped boost sales.
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Rising fuel prices, a bugbear for most of the retail sector, are helping Home Depot (HD:NYSE - news - research), the remodeling giant that reported a surge in second-quarter earnings Tuesday and guided the rest of the year higher.
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Package delivery company FedEx Corp  said on Thursday quarterly profit rose despite a slowing U.S. economy.
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Home furnishings retailer Bed Bath &  Beyond Inc.  posted a higher quarterly profit on  Wednesday as sales rose.
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United Parcel Service Inc. UPS.N  said on Thursday its quarterly profit rose but missed  expectations as shortfalls in its U.S. package business and  rising fuel prices offset strength internationally.
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Home Depot Inc. , the world's largest home improvement retailer, reported lower fourth-quarter profit on Tuesday as the weak U.S. housing market hurt sales at its retail stores, which declined 2 percent.
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Shares of The Home Depot Inc. rose almost 2 percent Monday as investors awaited word of a deal that the retailer was selling its wholesale distribution business for nearly $2 billion less than originally planned.
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United Parcel Service Inc., the  world's largest package carrier, said on Thursday its quarterly  profit rose, driven in part by strength in its international  and non-package businesses.
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Home Depot Inc. HD.N on Tuesday  reported a 19 percent rise in second-quarter profit, handily  topping estimates, as store renovations and efforts to improve  service drove higher average sales in every category.
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Home Depot Inc  raised its fiscal-year earnings forecast slightly on Monday after the home-improvement retailer agreed to buy back 289.3 million shares of its common stock for $10.7 billion.
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United Parcel Service Inc. UPS.N  said on Thursday its quarterly profit rose but missed analysts'  expectations as rising oil prices offset strength in its  international and non-package businesses.
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Retailer Office Depot Inc. ODP.N  on Thursday posted a higher quarterly profit, thanks to  improved sales and profitability at its North America business,  beating analysts' expectations and sending shares higher.