Shares of Home Depot (NYSE: HD) finished lower today as investors seemed to give a thumbs-down to its deal to buy SRS Distribution, a leading specialty-trade company that will help it expand its presence in the pro market. The stock closed down 4.1%. Image source: Home Depot. Home Depot makes a big move Home Depot […]
Dow Jones home improvement retailer Home Depot (HD) on Thursday announced plans to acquire SRS Distribution for $18.25 billion, the largest purchase in company history. HD stock ticked lower early Thursday on the news. X McKinney, Texas-based SRS Distribution is a residential specialty trade distribution company that serves professional roofers, landscapers and pool contractors. The […]
Home Depot will buy SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion. It is Home Depot’s largest acquisition in its history and with it, it steps more aggressively into the fast growing professional builder and contactor business. SRS provides materials for professionals like roofers, landscapers and pool contractors. […]
Police are searching for a shooting suspect in Chelsea after a 17-year-old was rushed to the hospital Friday night. Chelsea Police Chief Keith Houghton says the 17-year-old male was shot in the back of the Home Depot located in Chelsea Commons around 7:00 p.m. The teen was transported to Mass General Hospital for non-life-threatening injuries, […]
A Ukrainian drone attacked an oil depot in Russia’s Belgorod Oblast on the morning of 5 March, setting three oil storage tanks on fire. One Ukrainian intelligence source says it was an operation by Defence Intelligence of Ukraine. Source: Vyacheslav Gladkov, Governor of Belgorod Oblast; Mash and 112 Russian Telegram channels; Roman Starovoit, Governor of […]
A Home Depot employee voiced concerns over recent vandalism of the store’s Black History Month display — then was told to remove a Black Lives Matter pin from their uniform, federal officials said. In a 45-page report released Feb. 21, the National Labor Relations Board said the Home Depot in Minnesota violated labor laws. “I […]
FONTANA, Calif. – Fontana Police officers shot and killed a man inside a local Home Depot Monday night, after they said the man armed himself with a sharp object following a disturbance outside the store. It happened around 6 p.m. Monday. Fontana Police said officers were called out to the area, in the 16700 block […]
Police in Fontana shot and killed a man Monday night inside a Home Depot store, authorities confirmed to KTLA. At around 6:20 p.m., officers with the Fontana Police Department responded to reports of a man running in the roadway on Santa Ana Avenue, near Sierra Avenue, who was trying to get hit by cars, police […]
Home Depot (NYSE: HD) shareholders are in for a treat. The home improvement retailer just announced its dividend increase for the 2024 fiscal year, and it was a significant hike. The higher payout will hit investors’ portfolios in late March, assuming they own Home Depot shares as of March 7. A bigger dividend is a […]
Feb. 22—The longtime leader of The Food Depot is planning to retire after more than two decades at the helm, the organization announced Thursday. Sherry Hooper, who has led the Santa Fe-based food bank since September 2001, will step down June 30. A transition committee is seeking Hooper’s replacement. The organization touted Hooper’s leadership of […]
Dow Jones futures fell Tuesday, as Wall Street reacted to earnings reports from index components Home Depot (HD) and Walmart (WMT). Meanwhile, artificial intelligence leader Super Micro Computer (SMCI) struggled to maintain some gains on the stock market today after a big loss Friday. X Before the opening bell, Dow Jones futures fell 0.3%, while […]
A former top corporate America executive is warning that the U.S. economy is not on a fast track to recovery, as higher inflation and more mass layoffs loom over markets. “The general population will not be duped by this aversion to try and blame inflation on corporate America. It starts at the raw materials, it […]