May 19(Reuters) - Lawton Development Co Ltd <600209.SS> ::* Says it elects Gao Song as chairman .
May 18 (Reuters) - Lowe's Companies Inc ::Lowe's announces agreement to acquire maintenance supply headquarters.Transaction value of $512 million.Lowe's announces agreement to acquire maintenance supply headquarters.Total transaction value of $512 million.Says transaction is expected to be accretive to Lowe's earnings in fiscal 2017.
May 18(Reuters) - Universal Engeisha Co Ltd <6061.T>:Says it will sell its entire 210 shares (a 100 percent stake) of its Kyoto-based unit engaged in landscaping business, to Horikiriteien, for 18.7 million yen .Says transaction date will be May 18.
May 16 (Reuters) - Home Depot Inc :On conf call- Q1 online sales grew approximately 23%.On conf call- Q1 Interline sales growth outpaced the company average.On conf call- appliances, lumber and flooring had double-digit comps in Q1.On conf call- building materials, millwork, hardware, lighting, paint and outdoor garden grew below the company average in Q1.Commodity price inflation in lumber, building materials and copper positively impacted average ticket growth by about 75 basis points.In Q1, transactions over $900, which represent approximately 20% of sales, were up 15.8%.In Q1, drivers behind increase in big-ticket purchases were appliances, flooring and roofing.For the remainder of the fiscal year, intend to repurchase approximately $3.75 billion of outstanding stock.CFO- " while U.S. GDP forecasts are mixed, housing continues to be a growing asset class, and our sales thus far in May has been very good".CEO- have invested to take share in categories that overlap with key competitors who have been having challenges.
May 16 (Reuters) - Home Depot Inc :The Home Depot announces first quarter results; updates fiscal year 2017 guidance.Q1 earnings per share $1.67.Q1 sales $23.9 billion versus I/B/E/S view $23.76 billion.Q1 earnings per share view $1.62 -- Thomson Reuters I/B/E/S.Home Depot Inc - company reaffirmed its fiscal 2017 sales growth guidance.Home Depot Inc - comparable store sales for Q1 of fiscal 2017 were positive 5.5 percent, and comp sales for U.S. stores were positive 6.0 percent.Home Depot Inc - company also raised its diluted earnings-per-share growth guidance for year.Home Depot - now 2017 expects diluted earnings-per-share growth after anticipated share repurchases of approximately 11.0 percent from fiscal 2016 to $7.15.Home Depot Inc sees fiscal 2017 comp sales will be up approximately 4.6 percent.FY earnings per share view $7.20, revenue view $99.17 billion -- Thomson Reuters I/B/E/S.
May 15 (Reuters) - CAFOM SA ::CONFIRMS ITS OBJECTIVE OF REACHING EUR 90 MILLION OF REVENUE IN 2019.
May 15 (Reuters) - Swedol :Apr sales excluding grolls acquisition -7.8 percent year/year.Says the calendar effect was relatively big during the month and sales per day increased by 7.6 pct compared to the corresponding period last year. The number of working days for the period was 18 (21)..
May 15 (Reuters) - Clas Ohlson AB :Says sales increases by 1 pct in April to 527 MSEK (520). In local currencies, sales decreases by 1 pct.Reuters poll: Clas Ohlson April sales were seen up 1.3 percent, local-currency sales seen down 1.5 pct.Says sales in April negatively affected by a calendar effect of about 7 percentage points, due to less trading days compared with the corresponding period previous year.
May 11 (Reuters) - BRICORAMA SA :Q1 REVENUE EUR 162.7 MILLION VERSUS EUR 166.1 MILLION YEAR AGO.