Revenues at Home Depot (NYSE:HD) are linked more closely to GDP growth rather than the housing market, according to company executives presenting at a conference. On e-commerce, they say most of the company ‘s products, such as drywall for instance, are unsuitable for on-line sales, but the company is on the lookout for other items in this regard. Future capex focus is on Mexico rather than Canada or the U.S.
Don’t Miss: Here’s Why Verizon and AT&T are Duking it Out.
Shares of enterprise imaging solutions provider Merge Healthcare (NASDAQ:MRGE) are on a tear after it disclosed that it might sell itself or enter a business combination.
Cloud TV solutions provider Synacor Inc (NASDAQ:SYNC) announces registrations and log-in through Facebook, Twitter, and Google+ accounts for users of its TV Everywhere facility. The Facebook link, together with the Open Graph social platform could be a big advantage, considering its effect on referral traffic.
Safeway Inc. (NYSE:SWY) discloses at a conference that cash is more likely to be used for extinguishing debt and paying dividends rather than M&A deals. Its prepaid network, BlackHawk, is also likely to see an IPO.
Don’t Miss: Is Intel a Buy, Hold or Sell Now?
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More
There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more
At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more