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Search resuls for: "Home Depot Inc"


7 mentions found


☆ Home Depot, Lowe's to see higher sales as owners remodel amid rising rates
  + stars: | 2022-11-14 | by ( Deborah Mary Sophia | ) www.reuters.com   time to read: +2 min
Wall Street analysts see the largest U.S. home improvement chains benefiting as rising interest rates encourage home owners to renovate existing properties rather than move on, while professional contractors have a backlog of work to clear. THE CONTEXTHome improvement chains saw sales and profits surge during the pandemic as Americans hunkered down at home revamped their living spaces. While demand is expected to cool, higher mortgage rates and home prices are providing a new reason for households to remodel their existing properties. "Home Depot and Lowe's no longer have the more captive consumer base they had throughout 2020. Yet consumers very much continue to spend on the home," said MKM Partners analyst David Bellinger.
☆ Home Depot workers vote against unionizing U.S. store
  + stars: | 2022-11-06 | by ( Doyinsola Oladipo | Industry Insight | Reuters Professional | ) www.reuters.com   time to read: +2 min
NEW YORK, Nov 6 (Reuters) - Home Depot Inc (HD.N) retail workers voted against forming a union at a location in Pennsylvania, the U.S. National Labor Relations Board (NLRB) said late on Saturday. More U.S. companies including Starbucks Corp and Amazon.com and grocer Trader Joe's Inc have seen some workers petition to form unions. Home Depot did not immediately respond to a Reuters request for a comment regarding the outcome of the voting. Home Depot Workers United sought to unionize to address concerns regarding wages, staffing and training, said Vincent Quiles, interim president of Home Depot Workers United and a receiving associate at Home Depot. The independent union in mid-October filed an unfair labor practices charge against the retailer for engaging in unlawful surveillance and interrogating workers at the Philadelphia location, according to Home Depot Workers United.
☆ Democratic Rep. Lloyd Doggett of Texas is the latest member of Congress to violate a federal conflict-of-interest law
  + stars: | 2022-11-03 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +5 min
Rep. Lloyd Doggett, a Democrat from Texas, was days late disclosing four stock purchases. Congress is actively debating whether to ban lawmakers from trading individual stocks. I continue to hold the same seven individual stocks acquired long ago," Doggett said. A certified congressional disclosure from Rep. Lloyd Doggett, a Democrat from Texas, indicating he was days late reporting he purchased stock shares in four companies. "I am supportive of a ban on active trading of individual stocks," he said.
☆ Cramer's lightning round: I'm sticking with Nvidia
  + stars: | 2022-11-03 | by ( Krystal Hur | ) www.cnbc.com   time to read: +1 min
I think a year from now, the stock's going to be higher, and I'm sticking with Nvidia." Loading chart...Actinium Pharmaceuticals Inc : "I don't like hyping phase 1, but I do think they have some interesting formulations." I don't recommend stocks that are losing money." Loading chart...SoFi Technologies Inc : "I'm willing to back [CEO Anthony Noto] right here, right now." Disclaimer: Cramer's Charitable Trust owns shares of Nvidia.
☆ Prologis Signals Caution in Industrial-Property Development
  + stars: | 2022-10-19 | by ( Liz Young | Sabela Ojea | ) www.wsj.com   time to read: +4 min
Warehouse supply remains tight compared with demand, but Prologis will make decisions on new sites on a “deal by deal” basis, he added. Prologis trimmed its plans for new development starts for this year to a range of $4.2 billion to $4.6 billion, from a projected range of $4.2 billion to $5 billion the prior quarter. Companies signed new leases for about 920 million square feet of warehouse space in 2021 compared with 619 million square feet in 2019, according to Cushman & Wakefield. Mr. Moghadam said Amazon hasn’t pulled out of any of its Prologis buildings or projects and the e-commerce company is taking on new space. He said e-commerce companies overall have been leasing new space to compete with Amazon’s sprawling network.
☆ Choked-Up Yards and Trailer Shortages Box In America’s Truckers
  + stars: | 2022-10-08 | by ( Paul Berger | ) www.wsj.com   time to read: +8 min
“There’s a lot more hours and a lot more waiting, just because there’s no chassis.” Mr. Carrera said. Mr. Carrera uncouples a truck trailer, known as a chassis, from his rig at a yard outside Chicago. Mr. Carrera works as an independent owner-operator for California Cartage, a subsidiary of NFI Industries, a Camden, N.J.-based logistics and trucking operator. Mr. Carrera arrived at the container yard that held the Michaels box at about 6:45 a.m. His was the seventh truck in line when the yard opened. There was another empty container waiting nearby that needed to be picked up.
☆ Anthony Gonzalez snags GoodRx, Marie Newman sells Moderna, Gary Peters buys fossil fuel burners
  + stars: | 2021-04-26 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +8 min
Newman sells ModernaLast week, Insider reporters Kimberly Leonard and Warren Rojas profiled the stock trades of Rep. Marie Newman, a freshman Democrat from Illinois, and her husband. On Wednesday, Newman reported that she or her husband made additional stock trades in January. And he and his wife last week reported making dozens of different stock trades and financial moves during March. Rep. Josh Gottheimer, a Democrat from New Jersey, made more than 60 stock trades during March. Rep. John Yarmuth, a Democrat from Kentucky, meanwhile made nearly 20 stock trades during March.
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