Wedbush Sidelined with Concerns for Home Depot's (HD) Deceleration Trends

Jefferies Maintains Buy on Home Depot (HD) Following Q&A Sessions

May 20, 2015 8:47 AM EDT

Jefferies maintains a Buy rating and $135 price target on Home Depot (NYSE: HD) following Q&A sessions. Analyst Daniel Binder says that Q2 is off to a good start.

Binder commented on HD, saying, "Fundamentals are strong at HD and it... More

Market Wrap: Housing Starts Rip in April; Achillion Enters Key HCV Pact; IRS May Stymie Yahoo!'s Asset Spin Plans

May 19, 2015 5:25 PM EDT

Market wrap for May 19th

End of the Day: S&P 500 down 1.4 to 2,127.83; Dow Jones up 13.5 to 18,312.39; Nasdaq down 8.4 to 5,070.03

Market Brief: Markets were mixed amid another light, post-Q1 trading session.

Strong housing data was reported early Tuesday with housing starts and building permits both outpacing expectations for April.

Yahoo! dropped late in the session on speculation that new IRS rules might curb its plans for a tax-free spin of its Alibaba stake.

Computer Sciences announced that it would split... More

Lowe's Cos. (LOW) Gains Following Home Depot's (HD) Q1 Results, Boosted Outlook

May 19, 2015 8:22 AM EDT

Lowe's Cos. (NYSE: LOW) is ticking higher early Tuesday following Q1 results and updated outlook from peer Home Depot (NYSE: HD).

Ahead of the opening bell, HD... More

Home Depot (HD) Tops Q1 EPS by 1c; Boosts FY15 Outlook

May 19, 2015 6:01 AM EDT

Home Depot (NYSE: HD) reported Q1 EPS of $1.16, $0.01 better than the analyst estimate of $1.15. Revenue for the quarter came in at $20.9 billion versus the consensus estimate of $20.82 billion.

*** First quarter of fiscal 2015 results reflect a benefit to earnings of $71 million, or $0.05 per diluted... More

Trading Radar for 5/19: Home Depot (HD), Dick's Sporting Goods (DKS), Etsy (ETSY), Autodesk (ADSK), NQ Mobile (NQ) Report

May 18, 2015 1:58 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Housing Starts - Street sees 1.019MBuilding Permits - Street sees 1.065M

Earnings:

500.com Ltd. (NYSE: WBAI) - consensus EPS $0.25
Apollo Investment Corporation (Nasdaq: AINV) - consensus EPS... More

Maverick Capital Boosts Google (GOOG) Stake, Exits Alibaba (BABA), Qihoo (QIHU) - 13F

May 18, 2015 6:12 AM EDT

Lee Ainslie's Maverick Capital filed its 13F for Q115.

New stakes include Baidu, Delta Air Lines, FedEx, Yahoo!, and Starbucks. Increased positions include Google and Adobe Systems.

The firm lowered stakes in Alibaba, Qihoo, and Walgreens Boots Alliance.

New Stakes
AbbVie (NYSE: ABBV) new 4,320 share position
Actavis plc (NYSE: ACT) new 316,188 share position
ACUITY BRANDS, Inc. (NYSE: AYI) new 1,640 share position
Aetna Inc (NYSE: AET) new 2,620 share position
ALASKA AIR GROUP, Inc. (NYSE: ALK) new 4,180 share... More