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Home Depot Eyes GMS Acquisition, Setting Stage For Bidding War With QXO
Friday, June 20, 2025 - 8:25am | 445Home Depot Inc. (NYSE:HD) is looking to acquire GMS Inc. (NYSE:GMS), a Georgia-based building products distributing company. What Happened: This move from Depot can commence a bidding war in the fragmented construction material space with Brad Jacob's QXO Inc. (NYSE:QXO), according to a report by...
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Ex-Home Depot CEO Bob Nardelli Sounds Alarm On U.S. Economy: 'We're Going To See A Lot Of Bankruptcies'
Saturday, April 15, 2023 - 1:14pm | 464In a recent interview, Bob Nardelli, the former CEO of Home Depot (NYSE: HD), warned that the U.S. economy is “very complex” and cautioned consumers that middle-market companies are under “tremendous pressure.” What Happened: Nardelli shared his...
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Small Caps Advance But FAANGs Under Pressure On Senate Runoff Election Results
Wednesday, January 6, 2021 - 10:46am | 2261Investors woke up to an unfamiliar sight Wednesday: The 10-year Treasury yield is back above 1% for the first time since last March. Yields rocketed higher while stocks looked mixed as Democrats took one Georgia Senate seat and led narrowly in the other Georgia Senate race with thousands of votes...
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#PreMarket Primer: Friday, November 7: Boehner Reveals Intentions To Modify Obamacare
Friday, November 7, 2014 - 8:50am | 1521With Republicans in full control of the U.S. Congress, the stage is set for a very rocky two years as Democratic President Barack Obama finishes his final term in office. Speaker of the House John Boehner said Thursday that he plans to put Obamacare up to another vote and that although Obama...
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#PreMarket Primer: Wednesday, September 24: US Economy Looking Strong In The Third Quarter
Wednesday, September 24, 2014 - 7:13am | 1272Data out on Tuesday confirmed that the U.S. economy is on a firm path to recovery as reports showed that manufacturing data neared a four and a half year high in September. The nation’s flash PMI was 57.9 in September, unchanged from August’s reading. However, the U.S. housing...
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#PreMarket Primer: Tuesday, September 9: Apple Inc. Product Reveal Finally Arrives
Tuesday, September 9, 2014 - 7:14am | 1198Apple Inc. (NASDAQ: AAPL) will finally unveil its latest product line on Tuesday, rumored to include a new, larger iPhone and a smartwatch. Skeptics say the company is becoming less innovative, but the buzz around the latest round of Apple offerings has expectations running high. The new...
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#PreMarket Primer: Wednesday, September 3: ISIS Releases Another Beheading Video
Wednesday, September 3, 2014 - 7:11am | 1102Islamic State militants released another video depicting the beheading of a second American journalist in as many weeks. Following the release of the video, The Wall Street Journal reported that President Obama ordered 350 additional military troops to travel to Iraq in order to protect U.S....
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Goldman Sachs Maintains Rating, PT After Meeting With Management Of HD
Thursday, April 14, 2011 - 7:33am | 100Goldman Sachs, after meeting with the senior management of Home Depot Inc (NYSE: HD), is standing by its $43 price target and its Buy rating on the stock. Goldman Sachs had this to say about the upside, going forward, “We see better visibility as we move past 1Q, note stable competitive and margin...
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Home Depot (HD) Earns Profit, Raises Dividend
Tuesday, February 23, 2010 - 8:12am | 100Home improvement retailer Home Depot Inc (NYSE: HD) announced that it had swung back to a 4th quarter profit of $342 million, or 20 cents per share, up from the previous year's loss of $54 million, or 3 cents per share. Earnings from continuing operations were 24 cents per share on an adjusted...