Home Depot shares up amid unit deal reports
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Shares of Home Depot Inc.  rose 2 percent on Monday after published reports, citing unnamed sources, said the home improvement retailer agreed to cut the price in the sale of its supply unit by $1.8 billion to $8.5 billion.
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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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U.S. stocks rose on Wednesday as Home Depot Inc.'s  plan for a $22.5 billion share buyback underscored optimism about equity valuations, along with the growing allure of large-cap stocks, including General Electric Co. .
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Home improvement retailer says earnings per share will grow in 2005, 2006 on rise in home ownership. ATLANTA  - Home improvement retailer Lowe&#39;s Cos.
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Home Depot Inc. HD.N, the top home  improvement retailer, on Tuesday reported a 15 percent rise in  third-quarter profit, topping estimates, aided by installed  services and sales to contractors.
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Home improvement retailer Home Depot  Inc said on Monday that under a tender offer that expired on  August 31, it agreed to buy 289.331 million shares of its  common stock for a total value of $10.7 billion.
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Home Depot Inc  said it completed the  sale of its wholesale supply business, HD Supply, to buyout  firms on the same terms announced earlier this week.
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Home Depot Inc.  has agreed to sell its supply division to three private equity firms for about $10 billion, sources said on Tuesday, unloading a business built up by the home improvement retailer's former chief executive.
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Stock futures rose on Wednesday, with Home Depot Inc.'s  plan for a $22.5 billion share buyback set to underpin demand for equities while investors await a batch of earnings reports, including Morgan Stanley's .
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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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Shares of Home Depot Inc. (HD.N: Quote, Profile, Research) , the largest US home improvement retailer, may extend gains amid solid expected growth in sales of homes and home improvement
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Shares in Home Depot rose 2.3 percent to $35.47 in early trading Monday on news that the sale of the companyâs wholesale supply unit, HD Supply, is still on track. The retailing giant agreed to trim the price to $8.5 billion as it prepares to sell the unit to Bain Capital, the Carlyle Group and [...].
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US stocks rose on Wednesday lifted by a merger between retailers Kmart and Sears, better-than-expected earnings from Hewlett-Packard and data showing a slight rise in core inflation.
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Home Depot Inc.  has agreed to sell its supply division to three private equity firms, sources said on Tuesday, in a deal worth more than $10 billion.
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Shares of home decor retailer Pier 1  Imports Inc.  rose 8 percent to their highest level  since June on Thursday, after a Danish shareholder entered a  confidentiality agreement with the company, fueling speculation  of a buyout.
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Stocks rose on Wednesday as Home Depot Inc.'s  plan for a $22.5 billion share buyback underscored optimism about equity valuations, along with the growing allure of large-cap stocks, including General Electric Co. .
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US retailer Home Depot reached a tentative new agreement Sunday to sell its wholesale unit to a consortium of private equity firms for a reduced price of 8.5 billion dollars, The New York Times reported on its website.