• Thu, Apr. 20, 9:17 AM
    • Shares of Wayfair (NYSE:W) jumped 4% yesterday after Wedbush called the company an attractive M&A target.
    • The lush price paid by PetSmart for Chewy.com caught the attention of the firm as has the aggressive acquisition spree by Wal-Mart of pure play e-commerce firms (Bonobos, Modcloth, Shoebuy, Moosejaw, Jet.com).
    • Wedbush analyst Seth Basham's list of potential acquirers for Wayfair include Bed Bath & Beyond (NASDAQ:BBBY), Target (NYSE:TGT), Wal-Mart (NYSE:WMT), Home Depot (NYSE:HD), Lowe's (NYSE:LOW), Amazon (NASDAQ:AMZN) and Steinhoff (OTC:SNHFF, OTCPK:SNHFY, OTC:STNHY).
    • Another completely different take on Wayfair is offered up by noted short seller Andrew Left of Citron Research. Left maintains that the company has serious accounts payable issues. "As Wayfair's revenue growth slows, I would expect the trend in accounts payable and accrued liabilities growth will reverse, hurting their operating cash flow trends," he wrote in a recent report.
    • Wayfair short interest report
    • Wayfair is down 0.39% premarket to $45.50 vs. a 52-week trading range of $27.60 to $49.34.
    Thu, Apr. 20, 9:17 AM | 14 Comments
  • Jul. 22, 2015, 8:53 AM
    • Home Depot (NYSE:HD) acquires Interline Brands for $1.625B.
    • The company says the addition of the maintenance product distributor will be accretive to earnings in FY15. More details will be issued with earnings on August 18.
    • The deal is expected to close during FQ3.
    Jul. 22, 2015, 8:53 AM
  • Jan. 23, 2014, 4:43 PM
    • Home Depot (HD) acquires Blinds.com for an undisclosed amount.
    • The website has a 12-year history selling window coverings online.
    • HD -0.5% AH
    Jan. 23, 2014, 4:43 PM
  • Aug. 7, 2012, 8:16 AM

    Home Depot (HD) plans to acquire U.S. Home Systems (USHS) for $12.50 a share, marking a 38% premium over the closing price for USHS yesterday. The ~$93M transaction should help beef up Home Depot's custom quality specialty home improvement product line.

    Aug. 7, 2012, 8:16 AM
  • Jan. 20, 2012, 5:26 PM

    Home Depot (HD) is acquiring Redbeacon, a website connecting consumers with home maintenance, repair, and remodeling contractors. The move is the latest in a series of initiatives Home Depot is undertaking to boost its online presence.

    Jan. 20, 2012, 5:26 PM
  • Jun. 15, 2011, 1:53 PM
    Lowe's (LOW -2.7%) has lagged Home Depot (HD -2.2%) in same-stores sales for eight straight quarters, and has been woefully mismanaged since 2007. But Lowe’s has lots of valuable assets and owns 89% of its stores, making it an attractive takeover candidate, Wall Street Strategies says. Are you watching, Bill Ackman (I, II, III)? Jun. 15, 2011, 1:53 PM