Home Depot Partners Instacart To Offer Same-Day Delivery In As Fast As An Hour

Home Depot Receives U.S. Antitrust Approval For SRS Acquisition

Home improvement retailer The Home Depot (HD) announced Friday the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with its pending acquisition of SRS Distribution Inc. The expiration of the waiting period occurred at 11:59 p.m. on June 13, 2024.

RTTNews | 6 days ago

Maplebear Board Approves $500 Mln Share Repurchase Program

Delivery company Maplebear, Inc. (CART) revealed Thursday in a form 8-K filed with the U.S. Securities and Exchange Commission that its Board of Directors have approved a share repurchase program with authorization to purchase up to an aggregate of $500 million of the Company's common stock. The Share Repurchase Program has no expiration date.

RTTNews | 14 days ago

Home Depot Narrows FY23 Outlook Range - Update

While reporting financial results for the third quarter on Tuesday, home improvement retailer Home Depot Inc. (HD) narrowed it earnings per share as well as sales and comparable sales guidance range for the full-year 2023.

RTTNews | 219 days ago

Gree Recalls 1.56 Mln Dehumidifiers Due To Fire And Burn Risks

Gree Electric Appliances, Inc. is recalling 1.56 million dehumidifiers after reports of at least 23 fires, the U.S. Consumer Product Safety Commission announced. According to the agency, the dehumidifiers can overheat, smoke, and catch fire, posing fire and burn hazards to consumers. There were reports of at least 23 fires, 688 incidents of overheating, and $168,000 in property damage...

RTTNews | 308 days ago

Eurozone Consumer Confidence Improves For Fifth Month

Pessimism among euro area consumers lessened for a fifth month in a row in June and their confidence was the highest in over two years as the European Central Bank cut interest rates for the first time in five years.

RTTNews | 6h 7min ago

Philly Fed Index Unexpectedly Indicates Slower Growth In June

The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unexpected slowdown in the pace of growth by regional manufacturing activity in the month of June. The Philly Fed said its diffusion index for current general activity fell to 1.3 in June from 4.5 in May, although a positive reading still indicates growth. Economists had expected the index to inch up to 5.0.

RTTNews | 6h 42min ago

U.S. Housing Starts Unexpectedly Tumble To Nearly Four-Year Low In May

A report released by the Commerce Department on Thursday unexpectedly showed a steep drop in new residential construction in the U.S. in the month of May. The Commerce Department said housing starts plunged by 5.5 percent to an annual rate of 1.277 million in May after surging by 4.1 percent to a revised rate of 1.352 million in April.

RTTNews | 6h 55min ago

U.S. Weekly Jobless Claims Pull Back Slightly Less Than Expected

First-time claims for U.S. unemployment benefits saw a modest pullback in the week ended June 15th, according to a report released by the Labor Department on Thursday. The Labor Department said initial jobless claims dipped to 238,000, a decrease of 5,000 from the previous week's revised level of 243,000. Economists had expected jobless claims to fall to 235,000.

RTTNews | 7h 5min ago

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