Good Signs For Home Refinance And Repair – Business Insider

MBARefiMay212014

Within the last day, both companies reported earnings, and while their first quarter results came in a bit mixed, their outlooks for the rest of the year were both upbeat. Yesterday morning, Home Depot reaffirmed its fiscal 2014 sales outlook and raised its profit view, though the company’s earnings per share are expected to be bolstered by $3.75 billion in share repurchases expected during the rest of the year. Lowe’s this morning reported first quarter sales that disappointed , but the company’s quarterly earnings and fiscal year outlooks were in-line with expectations. Lowe’s CEORobert Niblock,[p]erformance has improved in May which, together with our strengthening execution, gives us the confidence to reaffirm our sales and operating profit outlook for the year.” Lowe’s also said it expects operating profit margin to improve 65 basis points. Lowe’s shares opened fractionally lower, while Home Depot stock opened a bit higher. http://www.businessinsider.com/good-signs-for-home-refinance-and-repair-2014-5

Bethel Resident Launches The Home Improvement Network – Town Square – Bethel, CT Patch

TotalHousehold.com , a Danbury startup, is a national website that provides homeowners with free information about contractors in their area. TotalHousehold has a database of more than 1.3 million contractors nationwide in dozens of categories. It also has an extensive online library of home improvement information. Designed to bring the website to life, each meetup event will provide an open forum and the kind of information sharing never before possiblein addition to interacting with each other, homeowners will be able to meet with other homeowners contemplating projects and contractors will have the opportunity to network with other contractors in their area as well. The Connecticut Home Improvement Network plans to host a variety of themed events that cover specific topics such as energy efficiency, landscaping, swimming pool installation, kitchen remodeling and more. http://bethel.patch.com/groups/announcements/p/bethel-resident-launches-the-home-improvement-network

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s