Home Depot sales climbed as U.S. housing recovers
By Xiumei Dong Home improvement retail giant Home Depot Inc., helped by the improving U.S. housing market and favorable weather conditions, reported stronger-than-expected fiscal fourth-quarter results Tuesday. For the quarter ended Jan. 30, Home Depot reported a net income of $1.47 billion, or $1.17 per diluted share, a 6.7 percent increase compared with net earnings […]
Hyatt’s earning land just short of analyst estimates
By Xiumei Dong Hyatt Hotels Corp. turned in fourth-quarter earnings that, while slightly below analyst forecasts, underscored how the hotel chain is currently benefiting from having a smaller international presence than its rivals. Net income dropped to $37 million, or 26 cents per share, from $182 million, or $1.20 per share, in the year-ago quarter. […]
