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Stock Market & Financial Investment News

News Breaks
April 23, 2014
08:24 EDTHD, LOW, BBY, HGGAppliances may shift from tailwind to headwind this year, says Janney Capital
Janney Capital believes appliances, which were a strong category in 2013 for key sellers including Home Depot (HD), Lowe's (LOW), Best Buy (BBY) and h.h. gregg (HGG), could become a headwind later this year due to weak housing trends and tough comps. The firm thinks a housing slowdown would take a bigger toll on h.h. gregg and Lowe's due to their higher appliance exposure and believes Best Buy could take share in appliances as vendors try to balance sales across channels.
News For HD;LOW;BBY;HGG From The Last 14 Days
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September 11, 2014
08:02 EDTHGGh.h. gregg appoints Riesbeck CFO
hhgregg announced the hiring of Robert Riesbeck as CFO. Riesbeck will assume the CFO position on September 15. He previously served as Operations Executive/Group CFO at Sun Capital Partners.
07:13 EDTBBYSome retailers wary of Apple Pay platform, Reuters says
Apple (AAPL) Pay's success is dependent on incorporating more large retailers such as Wal-Mart (WMT) and Best Buy (BBY) into the service, but both retailers recently ceased accepting payments using NFC terminals, according to Reuters, citing comments from Best Buy spokesman Jeff Shelman. Shelman said, "At this point we have no plans to accept Apple Pay." Reference Link
September 10, 2014
06:28 EDTHDHome Depot customer sues firm regarding information breach, Reuters says
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September 9, 2014
18:02 EDTHDStates investigate Home Depot breach, senators call for FTC probe, Reuters says
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09:39 EDTHDHome Depot weakness a buying opportunity, says Oppenheimer
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08:33 EDTHDHome Depot customers not acting strongly to breach, says Jefferies
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September 8, 2014
16:46 EDTHDHome Depot confirms payment data systems breach
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16:44 EDTHDHome Depot confirms payment data systems breach
12:29 EDTHDHome Depot victim of same malware that hit Target, Krebs reports
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06:21 EDTBBYSmartwatch market to reach $10B by 2018, says Citigroup
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September 5, 2014
16:45 EDTHDMarket ends week little changed after mixed economic data
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06:27 EDTHDHealthCare.gov insurance site breached by hacker in July, WSJ reports
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September 4, 2014
11:07 EDTHDHome Depot believes we are in 'moderate stage' of housing recovery
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11:05 EDTHDHome Depot says it has no plans to expand in Brazil or going back to China
Home Depot said it has no plans to go back to China because it has not figured out how to make money there. It also said it has no plans in expanding into Brazil even though he has looked into opportunities there. Home Depot said it sees the most opportunities in North America, and will focus its resources there.
11:02 EDTHDHome Depot maintains 2H14 outlook that it will be better than 1H14
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10:57 EDTHDHome Depot seeing high-spend pro customers are growing higher than others
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10:43 EDTHDHome Depot CEO: 3rd parties 'working around the clock' on breach investigation
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10:42 EDTHDHome Depot CEO: We have told everybody what we know on breach
CEO Frank Blake said the company found out Tuesday morning and chose the path of communicating the facts as they know them. Blake said the company felt it was best to communicate the facts quickly and transparently, but cannot answer all of the questions. He added that the company will continue to investigate the breach "intensely." Comments taken from Goldman Sachs Annual Global Retailing Conference.
10:30 EDTHDHome Depot in contact with Secret Service over alleged breach, Reuters reports
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08:25 EDTHDHome Depot could see less impact than Target from data breach, says BMO Capital
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