Home Depot to buy building supply distributor SRS for $18.25B

Home Depot announced it will acquire SRS Distribution, which sells supplies to builders, roofers, landscapers and pool contractors, in a massive $18.25 billion deal that includes assumed debt. Home Depot said in an article: press release announced Thursday that it expects the transaction to close during the 2024 fiscal year, which ends at the end […]
Home Depot bulks up Pro-business with $18.25B deal for building products supplier SRS

National Retail Federation CEO Matt Shea explains how difficult it is to negotiate in an environment of ‘uncertainty’. The Home Depot aims to expand its professional customer base to better address lukewarm demand, buying building materials supplier SRS Distribution for $18.25 billion, the largest deal for a top U.S. home improvement chain. The company plans […]
Home Depot co-founder takes aim at Biden: ‘Should not be president’

Home Depot co-founder Ken Langone joined ‘Your World with Neil Cavuto’ to discuss the rematch between President Biden and … source
Home Depot Founder Bernie Marcus Issues Battle Cry to GOP: Unite Behind Trump

Home Depot founder Bernie Marcus on Tuesday implored Republicans to do more to support former President Donald Trump as he seeks to return to the White House. Anything less would be a recipe for disaster “for the future of our democracy.” Marcus appealed in commentary. piece Published online in Real Clear Politics. The 94-year-old has […]
Home Depot co-founder wrecks Bernie Sanders’ 32-hour workweek plan, invokes bank robber Willie Sutton

Home Depot co-founder Ken Langone fired back at Sen. Bernie Sanders after he proposed it. 32 hour work week And in recent days, he has revisited his belief in taxing the wealthy. Langone, who co-founded the home improvement store chain with Atlanta Falcons owner Arthur Blank and right-wing investor Bernie Marcus, said Sanders is simply […]
Stocks making the biggest moves premarket: Home Depot, Walmart, Intel, Arm Holdings and more – CNBC

Check out the companies that are trending in pre-market trading. Home Depot – Shares fell about 2.5% after the company beat fourth-quarter earnings estimates on revenue and bottom line but issued guidance that was lower than expected. The company had expected full-year sales growth of 1%, compared with the 1.6% expected by analysts compiled by […]
Former Home Depot CEO sounds alarm on ‘tremendous shift’ in labor market

Former Home Depot CEO Bob Nardelli talks about shrinking as Americans continue to feel the effects of economic pressures, Biden’s response to the US economy and the rising national debt. He talked about rations. A former top American corporate executive warns that the U.S. economy is not on a rapid recovery path, with rising inflation […]
Russia-Ukraine war live: Kyiv accused of drone attack on Russian oil depot in Klintsy | Ukraine

important events Show only major events Please turn on JavaScript to use this feature This is a photo sent to us via wire from Ukraine. A Ukrainian woman carries humanitarian aid and food distributed by volunteers in Donetsk Oblast on January 18. Photo: Anadolu/Getty Images A Ukrainian girl sits on a swing waiting for humanitarian […]
‘Massive Blaze’ After Ukraine Drone Attack on Oil Depot Inside Russia

Associated Press – A Ukrainian drone struck an oil depot in western Russia on Friday, causing a massive fire, officials said. Kiev forces appear to have expanded their attacks on mainland Russia ahead of the second anniversary of the war. The local governor said four oil reservoirs with a total capacity of 6,000 cubic meters […]
Home Depot co-founder Ken Langone says further support for Nikki Haley depends on New Hampshire results

Home Depot co-founder and billionaire Ken Langone said Thursday that he may withhold funding from Nikki Haley's presidential campaign if she performs poorly in next week's New Hampshire primary. I warned you. 88-year-old investor and Haley supporter told the Financial Times Awaiting the former South Carolina governor is a “significant amount of money” from him, […]