News Recap: Southwest Airlines Co (NYSE:LUV), The Home Depot, Inc. (NYSE:HD), CBS Corporation (NYSE:CBS), Macy’s, Inc.(NYSE:M), Louisiana-Pacific Corporation (NYSE:LPX)

In another sign of airlines’ profitability, Southwest Airlines Co (NYSE:LUV) is sending more cash to shareholders with a 50 percent bigger dividend and plans to repurchase $1 billion more of its stock. Last week, Delta Air Lines hiked its dividend by a similar amount, to 9¢ per share, and boosted its share repurchase plans to $2 billion. Southwest Airlines Co (NYSE:LUV) net profit margin is 4.80% and weekly performance is2.93%. On last trading day company shares ended up $24.91. Analysts mean target price for the company is $26.40. Southwest Airlines Co (NYSE:LUV) distance from 50-day simple moving average (SMA50) is 4.91%.

The Home Depot, Inc. (NYSE:HD) announced its second annual Hurricane Preparedness Workshops, a single-day effort to prepare residents in storm prone regions for the upcoming hurricane season. On Saturday, May 31, in preparation for the first day of hurricane season, The Home Depot will host workshops at 700 of its stores from the Gulf Coast to New England. The Home Depot, Inc. (NYSE:HD) shares fell -1.24% in last trading session and ended the day on $76.31. HD Gross Margin is 34.80% and its return on assets is 12.60%. The Home Depot, Inc. (NYSE:HD) quarterly performance is -0.69%.

CBS Breaks Up Comedy Block. The broadcaster, CBS Corporation (NYSE:CBS), and one channel, TBS, voted for consistency, because, executives said, their choices had resonated with viewers and advertisers. At the other channel, TNT, there were frank admissions that its strategy was not working and a shake-up was in order. CBS Corporation (NYSE:CBS) net profit margin is 12.30% and weekly performance is -1.25%. On last trading day company shares ended up $55.94. Analysts mean target price for the company is $63.00. CBS Corporation (NYSE:CBS) distance from 50-day simple moving average (SMA50) is –9.09%.

Wells Fargo believes that Macy’s, Inc.(NYSE:M)’s reported weak Q1 comps, but the firm thinks the company’s sales in the first ten days of May were up low double digits. Wells Fargo predicts that the company’s Q2 results will be positive for the stock. The firm keeps an Outperform rating on the shares. Macy’s, Inc.(NYSE:M) ended the last trading day at $57.83. Company weekly volatility is calculated as 1.98% and price to cash ratio as 9.39. Macy’s, Inc.(NYSE:M) showed a positive weekly performance of4.71%.

Louisiana-Pacific Corporation (NYSE:LPX) terminated its C$951 million ($873 million) takeover of Ainsworth Lumber Co., a Canadian producer of a plywood substitute, after regulators said further asset sales were necessary. Louisiana-Pacific Corporation (NYSE:LPX) shares moved down -4.60% in last trading session and was closed at $15.13, while trading in range of $15.09 – $16.03. Louisiana-Pacific Corporation (NYSE:LPX) year to date (YTD) performance is -18.26%.