Latest The Home Depot Inc News

WHAT'S HAPPENING: Rivers pose epic Florence flood risks

Sep. 16, 2018 7:06 PM EDT

MIAMI (AP) — A heavy-duty response already is slogging through heavy rains and floodwaters to help people trapped or displaced by Florence's watery onslaught. Storm winds might be dropping, but rivers are rising and the next few days could bring the most destructive round of flooding in North Carolina...

Before and after a storm, the supply stores are critical

Sep. 16, 2018 1:31 AM EDT

MIAMI (AP) — Before and after a hurricane, Ace is the place. And Home Depot and Lowe's. And many other hardware and building supply outlets. Not surprisingly, these companies plan for storms such as Hurricane Florence all year. Much like the Federal Emergency Management Agency, supplies are pre-positioned...

The Latest: Florence now a Category 2 storm, still dangerous

Sep. 12, 2018 11:17 PM EDT

RALEIGH, N.C. (AP) — The Latest on Hurricane Florence (all times local): 11:00 p.m. Hurricane Florence has been downgraded to a Category 2 storm but it is still considered an extremely dangerous and life-threatening storm. As of 11 p.m., the storm was centered 280 miles (455 kilometers) east southeast of...

To prep for Hurricane Florence, investors sell off insurers

Sep. 11, 2018 5:25 PM EDT

NEW YORK (AP) — Hurricanes almost always set off an orchestrated dance on Wall Street before they make landfall, with shares of property and casualty insurance companies dumped in favor of companies that sell construction supplies or portable generators. That routine began a week ago, though Hurricane...

Integrated Device Tech and Casey's climb; Yum China tumbles

Sep. 11, 2018 4:33 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday: Integrated Device Technology Inc., up $4.48 to $46.56 The chipmaker agreed to be bought by Renesas Electronics for $49 a share, or $6.34 billion. Yum China Holdings Inc., down $4.92 to $31.94 Bloomberg News reported that a...

Clouds clear, and Lowe's delivers strong second quarter

Aug. 22, 2018 1:24 PM EDT

NEW YORK (AP) — Lowe's rebounded in the second quarter after dismal weather cut into projects at home — and into company profits — to start the year. Investors also shrugged off a more guarded outlook as the home-improvement retailer shifts direction under new CEO Marvin Ellison. After a...

Tapestry, Advance Auto Parts and Wolverine rise

Aug. 14, 2018 4:29 PM EDT

NEW YORK (AP) — Stocks that moved substantially or added heavily on Tuesday: Tapestry Inc., up $5.70 to $53.16 The shoe and handbag maker had a stronger fourth quarter than analysts expected. Advance Auto Parts Inc., up $11.29 to $156.13 The auto parts retailer's quarterly results came out ahead of Wall...

Home Depot roars back in the second quarter

Aug. 14, 2018 2:51 PM EDT

ATLANTA (AP) — Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world's biggest home improvement retailer boosted its full-year profit and revenue forecasts Tuesday. Higher mortgage rates...