Tag: Home Depot

Home Depot Impostor Employee steals air conditioners

PLAISTOW, N.H. (AP) — Police say a man donned an orange Home Depot apron and posed as an employee to steal air conditioners in New Hampshire. But a manager noticed the name on the garment didn’t match that of any worker at the store. Police arrested 53-year-old Bernardo Calana, of Haverhill, Massachusetts, on Saturday. WMUR-TV reports (http://bit.ly/2pQr6eP) Calana loaded two air conditions into his pickup truck in Plaistow and went back inside. A manager noticed the apron with the name "Shannon" with flowers drawn on it and called police. Calana later told police he didn’t know anything about the...

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Again, Home Depot rises above the retail fray

ATLANTA (AP) — Home Depot topped expectations for the first quarter thanks in part to mild weather and the company, riding a strong rebound in housing, lifted its outlook for the year. Shares neared an all-time high before the opening bell Tuesday. Americans are plowing money into homes as prices continue to rise. In its most recent report, the Standard & Poor’s/Case-Shiller 20-city home price index rose 5.4 percent and the National Association of Realtors’ seasonally adjusted pending home sales index rose 1.4 percent to 110.5, the highest level since May 2015. On Tuesday the Commerce Department will report...

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Home Depot separates itself from retail crowd in 2Q

NEW YORK (AP) — The slow but steady housing recovery continues to lift Home Depot, pushing sales and profits above Wall Street expectations during the second quarter. The world’s biggest home improvement retailer boosted its annual outlook for a second time this year, underscoring a transformation in the way Americans spend money. Department stores, also reporting earnings this month, have largely been routed. The wandering eye of shoppers increasingly falls on the home, cars and electronics, rather than shoes, skirts and shirts. On the same day that Home Depot upped its guidance, Wal-Mart reduced its expectations after missing second-quarter...

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