News: Home Depot Inc (HD)

HD on New York Consolidated

93.19USD
29 Aug 2014
Price Change (% chg)

$0.68 (+0.74%)
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$92.51
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Thu, Aug 21 2014

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Home Depot names U.S. retail head Craig Menear as CEO

- Home Depot Inc named retail industry veteran Craig Menear as its chief executive, four months after he was appointed as head of the home improvement chain's U.S. retail business.

Home Depot names Craig Menear CEO

Aug 21 - Home Depot Inc named Craig Menear its chief executive, replacing Frank Blake, who will stay on as chairman.

US STOCKS-Dow, S&P 500 rise after Fed minutes reassure on rates

* Dow up 0.4 pct; S&P 500 up 0.3 pct; Nasdaq off 0.02 pct (Updates to close)

UPDATE 3-Lowe's expects pickup in home improvement spending

* Expects spending on home-improvement to grow in second half (Adds details from conference call, CEO interview; updates shares)

India Morning Call-Global Markets

NEW YORK - U.S. stocks ended higher for the second straight session on Tuesday, as robust housing data and strong earnings from Dow component Home Depot overshadowed lingering concerns about the conflict in Ukraine.

US STOCKS-Wall St extends rally, lifted by Apple and Home Depot

* July U.S. housing starts exceed expectations; CPI barely rises

GLOBAL MARKETS-Wall St joins global stocks rally; dollar ahead

* Oil at 14-month low (Adds late, closing prices, quotes)

US STOCKS SNAPSHOT-Wall St ends higher; Apple closes at record

NEW YORK, Aug 19 - U.S. stocks ended higher for the second straight session on Tuesday as upbeat housing market data and strong earnings from Dow component Home Depot overshadowed lingering concerns about the conflict in Ukraine.

Home Depot says U.S. housing recovery to boost sales in second half

- Home Depot Inc said it expected same-store sales to grow faster in the second half of the year as customers renovate homes with big-ticket purchases such as wood and laminate flooring in a recovering U.S. housing market. | Video

UPDATE 4-Home Depot says US housing recovery to boost sales in 2nd half

* Raises full-year profit forecast to $4.52/shr from $4.42

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