Depot

Home Depot shares rise after earnings top estimates, helped by strong holiday and appliance sales

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Home Depot on Tuesday beat Wall Street’s earnings expectations for the fourth quarter, boosted by a strong holiday season and above average sales of appliances. The Atlanta-based home improvement retailer has been focused on integrating its brick-and-mortar stores and its online business. It’s in the middle of a three-year, $11 billion investment program. Home Depot CEO … Read more

Amazon’s latest assault wipes $12.5 billion off Home Depot, other appliance-seller stocks

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Shares of Home Depot and Lowe’s were slammed Thursday, along with Whirlpool, after Amazon threatened to take on the appliance market in a much bigger way in a deal with Sears Holdings. The market cap loss in Home Depot, Lowe’s, Whirlpool and Best Buy was about $12.5 billion by the end of the day, after falling to more than $13 billion. Amazon stock was up … Read more