Home Depot (NYSE: HD) reports sales of similar stores up 23.4% in Q2, above consensus estimates of 10.9%. The comparable sales for the American stores was 25%. Gross margin rate +20 bps to 34%; Amount margin rate flat at 15.9%. Merchandise inventory 8.4% to $ 13.5B. Number of customer transactions …
Read More »Monthly Archives: August 2020
Why the world is witnessing a military takeover in Mali
The military in Mali arrested the country’s prime minister and prime minister on Tuesday in a coup, drawn after weeks of destabilizing protests over a contested election, government corruption and a violent Islamist uprising that has lasted eight years. The streets of Bamako, the capital, exploded with jubilation and gunfire …
Read More »Rank and file Dems press Pelosi for more votes on coronavirus help
One proposal driven by several Democrats is a package of economic measures that would automatically extend unemployment benefits to millions of Americans as the economic and health crisis continues. The push was led for months by the centrist New Democrat Coalition, which plans to send a letter to Speaker Nancy …
Read More »Coronavirus outbreak on fishing boat in Seattle can provide insight into immunity
A widespread coronavirus outbreak aboard a fishing boat in Seattle may provide the first direct evidence that antibodies can provide protective immunity against the virus, according to a report on Tuesday. Crewmembers of the ship were studied before and after its 18-day voyage in May, which would eventually see more …
Read More »NASA to conduct independent evaluation of Mars’ repayment plans
WASHINGTON – NASA will conduct an independent review of its overall efforts to return samples from Mars, seeking to find any issues with the campaign while they are still in the early stages of development. NASA announced on August 14 that it will set up a Mars Sample Return Independent …
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