Americans are pumping the brakes on home remodeling, and that might spell bad news for Home Depot and Lowe’s (LOW, HD)

Joe Raedle / Getty Images Home Depot and Lowe’s may be facing a decline in the home-improvement boom that has boosted sales over the last several years.   Remodeling expenditures in the United States are set to rise over the course of 2019 — but the rate of growth is expected to decline between quarters. A […]

Lowe’s and Home Depot have emergency command centers monitoring Florence and thousands of trucks loaded and ready to go to stores in the storm’s path (HD, LOW)

Ken Blevins/The Star-News via AP Hurricane Florence has people turning to local hardware and supply stores like Lowe’s, Home Depot, and Ace for assistance that the government can’t necessarily provide. These outlets have emergency command centers and meteorologists on duty. After 2017’s brutal hurricane season, Home Depot had revenue of more than $ 100 billion, […]

We shopped at Home Depot, Lowe’s, and Ace Hardware to see which was the best home-improvement store — here’s the verdict (HD, LOW)

Business Insider/Jessica Tyler Home Depot, Lowe’s, and Ace Hardware, three of the biggest home-improvement stores in the United States, offer a similar product selection and help with home-improvement projects. Though the stores sell many of the same products, Home Depot‘s setup appears to be geared more toward professionals — like contractors and interior designers — than Lowe’s […]

Multiple injuries after explosion at Army depot in Pennsylvania

Google Maps Multiple people have been injured in an explosion at a US Army depot in Pennsylvania. The blast took place at Letterkenny Army Depot around 7:15 a.m. Thursday.See the rest of the story at Business Insider NOW WATCH: I spent a day with Border Patrol agents at the US-Mexico border See Also: The US […]

Home Depot jumps after beating earnings (HD)

AP/Elaine Thompson Home Depot reported quarterly earnings that beat Wall Street estimates for the sixth time in a row. It reported earnings per share of $ 1.69, above the expected $ 1.61 per share. Revenues were $ 23.88 billion versus the $ 23.66 billion that Wall Street was expecting. Its forecast for comparable store sales, […]

‘Human error’: Indian driverless metro train plows through depot wall (VIDEO)

Published time: 19 Dec, 2017 16:33 Edited time: 19 Dec, 2017 16:34 A driverless train on the New Delhi Metro has crashed during test run, with a carriage plowing through a depot wall. An inquiry has been launched, with metro officials citing “human error” as the main cause of the incident. The new automatically-operated train […]

Home Depot beats across the board and raises its forecast (HD)

Joe Raedle/Getty Home Depot beat on both the top and bottom lines as the hurricanes boosted demand for emergency products and rebuilding materials. Same-store sales came in at up 7.9% year-over-year, ahead of the up 5.9% that Wall Street was expecting. The company raised its full-year forecasts.    (Reuters) – Home Depot Inc, the largest U.S. home […]

Ukraine says massive ammunition depot explosion not caused by foreign sabotage

Thomson Reuters MOSCOW (AP) — Ukraine’s chief military prosecutor has ruled out a foreign sabotage plot in a massive fire at an ammunition depot that forced the evacuation of thousands of people. The fire at the warehouse at a military base in Ukraine’s central Vinnytsia region began late Tuesday and explosions at the site are […]