On Feb. 28, 2014 The Home Depot®, the world’s largest home improvement retailer, announced that Craig Menear has been named president, U.S. retail, effective immediately. Menear was previously executive vice president, merchandising, responsible for all merchandising departments and merchandising services and strategy; the company’s supply chain network; global sourcing; vendor management; marketing; and online sales. In his new role, Menear will add responsibility for all U.S. store operations, with Marvin Ellison, executive vice president, U.S. stores, reporting to Menear. The Home Depot, Inc. (NYSE:HD) shares after opening at $80.05 moved to $80.09 on last trade day and at the end of the day closed at $79.47. Company price to sales ratio in past twelve months was calculated as 0.56 and price to cash ratio as 39.88. The Home Depot, Inc. (NYSE:HD) showed a positive weekly performance of 6.71%.
McCormick & Company, Incorporated (NYSE:MKC) witnessed its shares trading up Tuesday after the spice company issued beating earnings for the first quarter. Shares rose 5.47 percent to $71.20 by closing bell. The company reported that its profit jumped 9 percent in the first quarter, mainly due to its use of digital tools to launch and build brand around the world. Profit in the quarter ended February 28, was $82.5 million or $0.62 per share. In the same period a year ago, profit was $76 million or $0.57 per share. Sales in the quarter rose to $993.4 million, up 6 percent. Analysts at Zack expected earnings per share of $0.58; however, they had previously projected EPS of $0.63. McCormick & Company, Incorporated (NYSE:MKC) shares advanced 5.47% in last trading session and ended the day on $71.20. MKC return on equity ratio is recorded as 21.80% and its return on assets is 9.10%. McCormick & Company, Incorporated (NYSE:MKC) yearly performance is 1.21%.
Domtar Corp. (NYSE:UFS) had its target price lifted by Raymond James from $125.00 to $140.00 in a research note released on Monday morning, Analyst Ratings Network reports. Domtar Corp (USA) (NYSE:UFS) shares moved up 6.39% in last trading session and was closed at $113.04, while trading in range of $108.78-$113.75. Domtar Corp (USA) (NYSE:UFS) year to date performance is 20.45%.
On Jan. 9, 2014 Cencosud SA (NYSE:CNCO) announces its investment plan for 2014 confirming the company’s focus in increasing profitability, through operational efficiencies and the consolidation of its operations in Brazil and Colombia and curb indebtedness. Cencosud expects revenue of USD 20.4 – USD 21.3 billion in 2014. Adjusted EBITDA margin for the period is estimated between 7.3% – 7.5%. By year end 2014 indebtedness as measured by Net Debt/Adjusted EBITDA should come in below 3x.Cencosud SA (NYSE:CNCO) weekly performance is 9.90%. On last trading day company shares ended up $9.44. Cencosud SA (NYSE:CNCO) distance from 50-day simple moving average is 6.54%. Analysts mean target price for the company is $53.00.