Home Depot earnings to rise slower in 2014

Source: Bloomberg
Home Depot Inc., the biggest retailer for home improvement and construction products, announced that its revenue in the next few years will grow on the weaker pace, adding only 5% till January 2015. At the same time, company's management expects the EPS to surge 17% to $4.35. Today, Home Depot Inc. shares are jumping 0.89% to $79.31 per share by 15:00 GMT in New York.
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Wed, 11 Dec 2013 15:55:03 GMT

BMW to build engines in North America

BMW AG, the largest manufacturer of luxury cars in the world, is planning to build its first engine production plant in North America, as the company wants to invest more in expanding region's car market. It is planned the plant to be built either in U.S. or in Mexico and to be opened after 2014. Today, BMW AG equities are

Wed, 11 Dec 2013 15:33:03 GMT

U.S. lawmakers reach budget agreement

U.S. lawmakers reached the bipartisan budget agreement, as the current deadline for budget deal is December 13. It is expected that the new deal will finance the government until 2016. The Congress should vote on the deal soon. It includes a $23 billion decline in the deficit, mainly due to spending decrease. Alongside, the government will invest more in education

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