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Stock Market & Financial Investment News

News Breaks
March 22, 2013
07:06 EDTBCC, LOW, HDPlywood demand builds, WSJ reports
Growing demand and tight supplies have pushed up plywood prices by 45% in the past year, and U.S. producers (BCC, HD, LOW) are scrambling to get back up to speed after cutting output during the housing bust, reports the Wall Street Journal.Reference Link
News For BCC;HD;LOW From The Last 14 Days
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April 23, 2014
08:50 EDTBCCBoise Cascade sees demand continuing below 20-year historical average
Boise Cascade expects to continue to experience demand below 20-year average historical levels for its products but remains optimistic that the improvement in demand will continue in 2014. Future commodity product pricing could be volatile in response to industry capacity restarts and operating rates, inventory levels in various distribution channels, and seasonal demand patterns. Expects to manage production levels to its sales demand, which will likely result in operating some of its facilities below their capacity until demand improves further.
08:49 EDTBCCBoise Cascade reports Q1 EPS 14c, consensus 24c
Reports Q1 revenue $767.2M, consensus $791.06M.
08:24 EDTHD, LOWAppliances may shift from tailwind to headwind this year, says Janney Capital
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07:04 EDTHDHome Depot management to meet with Deutsche Bank
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April 22, 2014
10:00 EDTHDOn The Fly: Analyst Upgrade Summary
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05:39 EDTHDHome Depot upgraded to Outperform from Market Perform at BMO Capital
BMO Capital upgraded Home Depot to Outperform after meeting with management citing valuation, favorable cost trends and its belief sales are tracking at or above plan in non-weather affected areas. BMO raised its price target for shares to $90 from $82.
April 19, 2014
20:13 EDTHDHome Depot could rally 25%, Barron's says
Home depot looks cheap and shares could rally 25% as the housing market revives, Barron's contends in its cover article. Reference Link
April 17, 2014
06:25 EDTHDHome Depot focusing expansion efforts on e-commerce, WSJ reports
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April 9, 2014
10:37 EDTHDBofA/Merrill's retail/hardline analysts hold an analyst/industry conference call
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