Home Depot sales climbed as U.S. housing recovers
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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
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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. […]