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Weekly News Roundup: Home Depot (NYSE:HD)

Here’s a round-up of Home Depot Inc. (NYSE:HD) stock briefings from this week. Home Depot Inc. (NYSE:HD) shares ended the week at 35.89 (as of 1/14/2011).

Weekly News Roundup: Home Depot (NYSE:HD)

Monday 10 January

Home Depot (NYSE:HD) has planned to open its new distribution warehouse in Oregon on Monday.
The new facility, located at Mill Creek Corporate Center in southeast Salem is set to open on Monday which will ship merchandise to stores in Oregon, Washington, Idaho and Montana. This move is a part of a larger program to transform the Home Depot (NYSE:HD) supply chain, making it easier for Home Depot (NYSE:HD) stores to keep products in stock.

Chris Spera, general manager of the Home Depot’s (NYSE:HD) Salem warehouse said, “I’ve been impressed with the quality of talent that we have found in this region, which has helped us get this facility up and running on time.”

Thursday 13 January

The Home Depot (NYSE:HD) has named a new head of operation in Canada.

Aaron Carmack, the current regional vice president of the Pac North region in the United States has been promoted as the new president of Home Depot (NYSE:HD) Canada. Carmack will replace Annette Verschuren on January 31st, who is leaving the home improvement retailer after nearly 15 years.

Carmack joined Home Depot (NYSE: HD) in December 2003 and was promoted to regional vice president in March 2007.

In his new role, he will be overseeing the Home Depot (NYSE:HD)’s 179 stores in Canada.

We’ll be keeping a close eye on the Home Depot Inc. stock level for developments over the next few weeks.

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Home Depot (NYSE:HD) Head Of 179

The Home Depot (NYSE:HD) has named a new head of operation in Canada. 

Home Depot Inc. (NYSE:HD) shares were at 34.83 at the end of the last day’s trading. There’s been a 11.0% change in the stock price over the past 3 months.

Home Depot (NYSE:HD) Head Of 179

Aaron Carmack, the current regional vice president of the Pac North region in the United States has been promoted as the new president of Home Depot (NYSE:HD) Canada. Carmack will replace Annette Verschuren on January 31st, who is leaving the home improvement retailer after nearly 15 years.

Carmack joined Home Depot (NYSE: HD) in December 2003 and was promoted to regional vice president in March 2007.

In his new role, he will be overseeing the Home Depot (NYSE:HD)’s 179 stores in Canada.

If you believe this is a good time to make a play on the Home Depot Inc. (NYSE:HD) shares, be sure you take a look at this analyst advice, from a broad range of industry specialists:

Home Depot Inc. (NYSE:HD) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.96
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.88
Zack’s Rank: 1 out of 6 in the industry

We’ll be keeping a close eye on the Home Depot Inc. (NYSE:HD) stock level for changes over the next few weeks.

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Weekly News Roundup: Home Depot (NYSE:HD)

Here’s this week’s round-up of Home Depot Inc. (NYSE:HD) news briefings. Home Depot Inc. (NYSE:HD) shares ended the week at 35.06 (as of 12/31/2010).

Weekly News Roundup: Home Depot (NYSE:HD)

Wednesday 29 December

Home Depot (NYSE:HD) has provided funds for YMCA to expand childcare options.
The Adair County Family YMCA has received a donation from the Home Depot (NYSE:HD) Foundation to renovate existing space into a child care area to be used for child care.

The $2,500 donation, made possible through Home Depot (NYSE:HD)’s Building Healthy Communities grants, will provide for basic supplies like paint, storage equipment and furnishings for an early childhood area in the morning and after-school program in the afternoon at the YMCA.

The Building Healthy Communities grants support the work of non-profits, public schools and other community organizations working to improve the physical health of their neighborhoods.

Friday 31 December

Home Depot (NYSE:HD) has provided funds for YMCA to expand childcare options.
The Adair County Family YMCA has received a donation from the Home Depot (NYSE:HD) Foundation to renovate existing space into a child care area to be used for child care.

The $2,500 donation, made possible through Home Depot (NYSE:HD)’s Building Healthy Communities grants, will provide for basic supplies like paint, storage equipment and furnishings for an early childhood area in the morning and after-school program in the afternoon at the YMCA.

The Building Healthy Communities grants support the work of non-profits, public schools and other community organizations working to improve the physical health of their neighborhoods.

We’ll be keeping a close eye on the Home Depot Inc. stock price for developments over the next couple of weeks.

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Weekly News Roundup: Home Depot (NYSE:HD)

Here are this week’s stock briefings for Home Depot Inc. (NYSE:HD). Home Depot Inc. (NYSE:HD) shares ended the week at 35.1 (as of 12/17/2010).

Weekly News Roundup: Home Depot (NYSE:HD)

Monday 13 December

Home Depot (NYSE:HD) has decided to open its new distribution center.

Home Depot (NYSE:HD) will officially open its new $25 million rapid deployment distribution center shortly. The center will serve 115 Home Depot (NYSE:HD) stores throughout New England, employ more than 250 workers, and bring increased tax revenue to the city. Also, city officials approved a 50-percent tax break to the company over its first 10 years of operation here.

The rapid distribution center, one of 20 nationwide operated by Home Depot (NYSE:HD), is designed to move products to stores throughout the Northeast faster than current distribution facilities.

Tuesday 14 December

According to the reports, Home Depot (NYSE:HD) has gave more than $9,000 after state inspectors found the Kohler store was overcharging customers. A civil action filed by the Wisconsin Department of Agriculture, Trade and Consumer Protection said the store at 4025 Highway 28 was among 18 Home Depot (NYSE:HD)locations found in violation during inspections this May. Home Depot (NYSE:HD) has 27 stores in Wisconsin.

Home Depot (NYSE:HD) has paid the forfeiture but as part of the agreement does not acknowledge violating any laws.

Thursday 16 December

Home Depot (NYSE:HD) has recalled portable table saws due to laceration hazard.
About 21,500 Ryobi portable table saws, sold exclusively at Home Depot (NYSE:HD), have been recollected due design defects that may result in a laceration for individuals using the table saw or those standing nearby. Ryobi RTS20 portable table-saws, which have a blue base and warning label on the rear of the saw with Ryobi and the model number RTS20 printed on it. The saws were sold at Home Depot (NYSE:HD) in the United States and Canada from July 2010 through October 2010 for about $200. They were distributed by One World Technologies, of Anderson, South Carolina and were made in China.

We will be monitoring the Home Depot Inc. share price for developments over the next couple of weeks.

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Weekly News Roundup: Home Depot (NYSE:HD)

Here’s this week’s round-up of Home Depot Inc. (NYSE:HD) news briefings. Home Depot Inc. (NYSE:HD) company shares ended the week at 31 (as of 11/26/2010).

Weekly News Roundup: Home Depot (NYSE:HD)

Wednesday 24 November

Home Depot (NYSE:HD) has called for a voluntary recall of all holiday LED lights sold in the past month.

Home Depot (NYSE:HD) has announced a voluntary recall of all holiday LED light strings sold between October 1 and November 18 this year, the company stresses there are no safety hazards involved though.

According to Home Depot (NYSE:HD), the recall is voluntary and was announced due to low quality of this product. No safety hazards are known associated with these Christmas lights. Home Depot (NYSE:HD) is asking all customers who have purchased this product to discontinue use and return them to their local Home Depot (NYSE:HD) store for a full refund.

Thursday 25 November

Home Depot (NYSE:HD) has offered free shipping for web orders.

Home Depot (NYSE:HD) will offer free shipping on many of its online products as it joins the ranks of retailers aggressively competing for shoppers’ dollars during one of the busiest shopping periods of the year. This is the first time that Home Depot (NYSE:HD is offering free shipping on 90,000 of the 100,000 items it offers online. Home Depot (NYSE:HD) joins many other retailers offering free shipping this holiday season.

Hal Lawton, the  president of e-commerce of Home Depot (NYSE:HD) said that, “We know shipping is a large influence on where customers shop. We made some improvements and changes to the site over the last year and we thought this would be a great way to attract new customers to site.”

We’ll be keeping a close eye on the Home Depot Inc. (NYSE:HD) share price for changes over the next few weeks.

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Weekly News Roundup: Home Depot (NYSE:HD)

Here’s a round-up of Home Depot (NYSE:HD) stock briefings from this week. Home Depot (NYSE:HD) company shares ended the week at 28.74 (as of 8/27/2010).

Weekly News Roundup: Home Depot (NYSE:HD)

Monday 23 August

The Home Depot (NYSE:HD), the world’s largest home improvement retailer, announced today that it is now selling the first affordable 40W equivalent LED bulbs on its website.

This comes ahead of legislation that will render some conventional incandescent bulb obsolete, ushering in a new era in lighting.

With its move to sell LEDs, Home Depot (NYSE:HD) is ahead of the curve.

Wednesday 25 August

Home Depot, Inc. (NYSE:HD) said it will participate in the testing phase of a new Bank of America system next month that will let people pay New York-area merchants through mobile phones instead of swiping their credit or debit cards.

Home Depot, Inc. (NYSE:HD) is among the few merchants selected for the testing, along with McDonald’s, and New York City taxis.

We will continue checking the Home Depot (NYSE:HD) stock level for developments over the next few weeks.

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