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Home Depot Inc (NYSE:HD) Reports Loss Of $1.4 Million Because Of Shoplifting: Home Depot Expects A Drop Of 14% In Profits In 2020

Home Depot Inc (NYSE:HD) reported a loss of $1.4 million because of thefts caused by opioid abuse. According to Home Depot, the retail space is losing a lot because of the abuse of fentanyl and heroin in the US. The loss resulting from the opioid crisis and fraud amounts to $50.6 billion in 2019. $15.5 […]

Home Depot Inc (NYSE:HD) Might Take The Crown For The Dotcom Segment

Home Depot Inc (NYSE:HD) might beat its rival, Lowe’s Companies, Inc. (NYSE:LOW) in the home improvement retail business. Home Depot and Lowe’s have been on an upward trend since the economic crisis. The steady growth has been receiving positive reinforcement from the recovering U.S. economy especially the housing sector. Although its macroeconomic basics were not […]

AutoNation, Inc. (NYSE:AN) Jump-Starts $10 Million Sweepstakes

AutoNation, Inc. (NYSE:AN) is initiating a promotion to boost its brand through a sweepstake in which one person will be the lucky winner. The vehicle sales company will launch the massive event as a marketing strategy to promote the business as well as a celebration to mark the sale of 10 million vehicles since it […]

Raytheon Company (NYSE:RTN) Acquires Websense Inc (NASDAQ:WBSN) For $1.9 Billion

Raytheon Company (NYSE:RTN), a leading arms manufacturer in the U.S., has announced plans to acquire Websense Inc (NASDAQ:WBSN), a leading provider of cybersecurity solutions, from Vista Equity Partners LLC. The deal is valued at $1.9 billion. Vista Equity has acquired Websense Private in a deal valued at $990 million two years ago. Following the acquisition, […]

Mastercard Inc (NYSE:MA) Unveils SafetyNet To Reduce Risk Of Cyber Hacking Of Banks And Processors

Boston, MA 10/03/2014 (wallstreetpr) – Mastercard Inc (NYSE:MA) disclosed that it has unveiled SafetyNet to protect banks and the processors from cyber hacking. The global tool was designed to cut down the risks posed by cyber criminals. The company’s move comes on the heels of JPMorgan Chase & Co. (NYSE:JPM) reporting the biggest data breach […]

JPMorgan Chase & Co. (NYSE:JPM) Replaces Credit Cards After The Home Depot, Inc. (NYSE:HD) Breach

Boston, MA 09/18/2014 (wallstreetpr) – According to reports, JPMorgan Chase & Co. (NYSE:JPM) is replacing debit cards and credit cards following the security breach issue at The Home Depot, Inc. (NYSE:HD). The information was revealed by a spokesperson of the company. Road Ahead: The company has already started sending notices to various cardholders stating that […]

The Home Depot, Inc. (NYSE:HD) Facing Legal Tussle Over Customers Data Breach

Boston, MA 09/10/2014 (wallstreetpr) – Even before the dust settled on the severity of the recent confirmation that The Home Depot, Inc. (NYSE:HD) was the subject of data breach, a customer according to Reuters has moved to court accusing the company of not doing enough to safeguard customer’s data. Charges against Home Depot Home Depot […]

The Home Depot, Inc. (NYSE:HD) Secures Investors’ And Consumers’ Confidence By Seeking Quick Action Against Security Breach

Boston, MA 09/08/2014 (wallstreetpr) – Recent security breach at The Home Depot, Inc. (NYSE:HD) has caused a big hassle for the retailer as it immediately sought to enhancing security measures to protect sensitive customer data. The increasing menace of data theft is levying a heavy toll on the company’s infrastructure. Immediate Remedy The Home Depot, Inc. […]

JPMorgan Chase & Co. (NYSE:JPM) Probe Finds Clues Of Criminals Stealing Data

Boston, MA 09/05/2014 (wallstreetpr) – Diversified financial services provider, JPMorgan Chase & Co. (NYSE:JPM), which is in the midst of an alleged customer data theft, seems to have found clues of an international computers network gang that was engaged in stealing data from the bank. The company’s findings assumed importance in the wake of FBI investigation […]

The Home Depot, Inc. (NYSE:HD) Enlists Symantec Corporation (NASDAQ:SYMC) And Security Company To Probe Possible Consumer Payment Data Theft

Boston, MA 09/04/2014 (wallstreetpr) – A chain of home improvement retailer, The Home Depot, Inc. (NYSE:HD) had sought the assistance of security software solutions provider Symantec Corporation (NASDAQ:SYMC) and FishNet Security Inc. to probe a potential payment data theft of the consumers. The move comes in the wake of FBI investigating several banks on the possible […]

Craig Menear Appointed the Home Depot, Inc. (NYSE:HD) CEO

Boston, MA 08/26/2014 (wallstreetpr) – Craig Menear has been appointed’ as The Home Depot, Inc.(NYSE:HD) new CEO, taking over from current CEO and chairman, Frank Blake, who will remain as the company’s chairman starting November 1, 2014 according to a report on Zacks. Menear Takes Seat on the Board Menear will take his seat in […]

The Home Depot, Inc. (NYSE:HD) Expects Second Half Same-Store Sales To Grow 0.8% More Than First Half

Boston, MA 08/20/2014 (wallstreetpr) – A chain of home improvement retailer, The Home Depot, Inc. (NYSE:HD) Chief Financial Officer, Carol Tome, said that the company expects to record 80 basis points improvement in its same-store sales in the second half of the current fiscal year than the first half. The optimism comes on the backdrop […]

Stratasys, Ltd. (NASDAQ:SSYS) Witnesses Robust Demand For High-End Systems

Boston, MA 08/08/2014 (wallstreetpr) – Global 3D printing and additive manufacturing solutions provider Stratasys, Ltd. (NASDAQ:SSYS) disclosed that it could observe strong winds of favorable sales momentum for its high-end systems and materials during the second quarter of the current calendar year. It helped the company to fuel an impressive organic revenue uptick in the […]

The Home Depot, Inc. (NYSE:HD) Discovers Fresh Way To Improve Performance

Boston, MA 05/30/2014 (wallstreetpr) – The Home Depot, Inc. (NYSE:HD) is a home improvement retailer. Like most other retailers around the world, the business is trying to inject new life into its operations if only that can guarantee performance improvement in the long-run. In addition to adjusting the number of its stores, Home Depot has a […]

The Home Depot, Inc. (NYSE:HD) Says May Was Good, Coming Months Will be Better

Boston, MA 05/21/2014 (wallstreetpr) – The Home Depot, Inc. (NYSE:HD) is the largest home construction and improvement products selling retail chain. According to the management of the company, the sales done in the months of May were robust. The CEO of the company expects that the coming months will be way better than the last […]

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