Latest news with #Lowe's
Yahoo
8 hours ago
- General
- Yahoo
Portion of Ridge Lea Road, North Bailey Avenue to close starting Monday
BUFFALO, N.Y. (WIVB) — A portion of Ridge Lea Road and North Bailey Avenue between the driveway of Lowe's and Romney Drive will be closed to all traffic starting Monday, Amherst police announced. The closure will go through Friday, June 6. Courtesy: Amherst Police Department WIVB News 4 reached out to Amherst police for information on the reason for the five-day closure and is waiting to hear back. Katie Skoog joined the News 4 team in April 2024. She is a graduate from the University at Buffalo. You can view more of her work here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
USA Today
10 hours ago
- Business
- USA Today
Which two American companies could come out ahead with tariffs?
Which two American companies could come out ahead with tariffs? Trump's tariff wars have brought outsize uncertainty to the stock market, making it increasingly challenging to identify companies positioned to weather the storm. It's been almost two months since President Trump's "Liberation Day" announcement, during which he presented a litany of new tariff policies in an effort to level set trade relations which major partners such as China, Europe, and Canada. Since the April 2 announcement, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have each experienced double-digit declines – only to rebound sharply over the last few weeks as some updated trade deals have come into view. Even though the market has been roaring as of late, I don't think investors are out of the woods quite yet. Tariff policies can change swiftly, and for now, it's still difficult to discern what companies may come out stronger as a result of these new trade deals. Below, I'll detail how tariffs work and highlight two companies I think could emerge as winners of Trump's tariff wars. How do tariffs work? Tariffs are a tax that are placed on imported or exported goods. Generally speaking, tariffs are employed as a mechanism to bring other countries to the table and negotiate new terms in trade deals. In addition, tariffs can also be a way to put some pressure on companies to increase domestic manufacturing as opposed to outsourcing labor overseas. While this might sound nice in theory, economists worry that more manufacturing investment in the U.S. will be a costly endeavor for businesses – hence, they may choose to pass those expenses on to the consumer, thereby spurring inflation. 1. Home Depot During periods of inflation or high interest rates, consumers may put off investing in home improvement projects or purchasing real estate altogether. While that might give investors some initial feeling of trepidation for Home Depot (NYSE: HD), there's more to the picture. Homeowners know all too well that some projects simply cannot be ignored. Considering the home improvement industry in the U.S. is essentially a duopoly between Home Depot and Lowe's, the company is still positioned to absorb a lot of this demand. Per the graph above, investors can see that over the last two decades, Home Depot has been able to consistently increase revenue and operating margins – even during times of economic uncertainty. For reference, the two grey-shaded columns represent U.S. recessions. Although there was some pullback in Home Depot's business during these times, the company was ultimately able to outmaneuver these challenges. I see the current tariff situation as no different. Considering Home Depot sources more than half of its inventory from domestic vendors, the company likely will not have to take on as much cost increases from foreign imports compared to smaller competitors or niche retailers. This is important as the majority of the company's goods already come from the U.S. – making it highly unlikely that it will need to raise prices and stifle consumer purchasing power. The company has made a number of strategic moves to strengthen its supply chain, all while putting the customer first. For this reason, I think Home Depot's business model will hold up resiliently during this period of pronounced tariffs and its stores will remain an essential pocket of the otherwise sensitive retail industry. 2. Nucor Next up on my list is steel producer Nucor. In the chart below, investors can see that shares of Nucor have fallen out of favor with investors throughout 2025. While shares have bounced back from lows in April (in parallel with Trump's tariff announcement) the stock is still facing some pressure. For starters, the steel industry is cyclical. This makes expectations around consistent growth somewhat unrealistic. Despite these dynamics, I see Nucor on the precipice of some lucrative opportunities. Higher prices for imported steel from other countries, particularly China, should bode well for Nucor. In addition, since Trump took office in January, a number of companies across many different industry sectors have committed to increased domestic manufacturing. Chief among these initiatives is Project Stargate, a $500 billion vision for more artificial intelligence infrastructure in the U.S. I see these factors as major tailwinds for the steel industry, and I think Nucor is positioned to capture a portion of this spend. For this reason, now could be a good time to buy the dip as Nucor's growth could witness a sharp rebound sooner rather than later. Adam Spatacco has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool recommends Lowe's Companies. The Motley Fool has a disclosure policy. The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Its content is produced independently of USA TODAY. Should you invest $1,000 in Home Depot right now? Offer from the Motley Fool: Before you buy stock in Home Depot, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Home Depot wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider whenNetflixmade this list on December 17, 2004... if you invested $1,000 at the time of our recommendation,you'd have $651,049!* Or when Nvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you'd have $828,224!* Now, it's worth notingStock Advisor's total average return is979% — a market-crushing outperformance compared to171%for the S&P 500. Don't miss out on the latest top 10 list, available when you joinStock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025
Yahoo
11 hours ago
- General
- Yahoo
Osceola man charged in connection to series of retail thefts
A man from Osceola County accused of repeatedly stealing from a Lowe's in Kissimmee multiple times is now in jail. According to the Osceola County Sheriff's Office, Edwin Ibanez stole from the store six times between March 27 and April 28. The store's surveillance footage revealed his vehicle and license plate, which assisted detectives in identifying him. Ibanez was arrested during a traffic stop where officers determined that Ibanez was driving with a suspended license and had an active warrant for violation of probation. Deputies also discovered he had an outstanding warrant from Pinellas County. Ibanez confessed to all six reported thefts and admitted selling the stolen merchandise for profit. He has been transported to the Osceola County Jail, where he faces the following charges: two counts of grand theft, four counts of petit theft, six counts of dealing in stolen property and driving while his license is suspended. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
Yahoo
15 hours ago
- Business
- Yahoo
2 American Companies That Could Be the Winners of Trump's Tariff Wars
One of the key objectives behind President Trump's tariffs is to bolster domestic manufacturing. While inflation remains a hot-button issue and mortgage rates are still relatively elevated, the home improvement industry could be an under-the-radar opportunity right now. Rising infrastructure spend in the U.S. could help spark demand for domestic steel producers. 10 stocks we like better than Home Depot › It's been almost two months since President Trump's "Liberation Day" announcement, during which he presented a litany of new tariff policies in an effort to level set trade relations which major partners such as China, Europe, and Canada. Since the April 2 announcement, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have each experienced double-digit declines -- only to rebound sharply over the last few weeks as some updated trade deals have come into view. Even though the market has been roaring as of late, I don't think investors are out of the woods quite yet. Tariff policies can change swiftly, and for now, it's still difficult to discern what companies may come out stronger as a result of these new trade deals. Below, I'll detail how tariffs work and highlight two companies I think could emerge as winners of Trump's tariff wars. Tariffs are a tax that are placed on imported or exported goods. Generally speaking, tariffs are employed as a mechanism to bring other countries to the table and negotiate new terms in trade deals. In addition, tariffs can also be a way to put some pressure on companies to increase domestic manufacturing as opposed to outsourcing labor overseas. While this might sound nice in theory, economists worry that more manufacturing investment in the U.S. will be a costly endeavor for businesses -- hence, they may choose to pass those expenses on to the consumer, thereby spurring inflation. During periods of inflation or high interest rates, consumers may put off investing in home improvement projects or purchasing real estate altogether. While that might give investors some initial feeling of trepidation for Home Depot (NYSE: HD), there's more to the picture. Homeowners know all too well that some projects simply cannot be ignored. Considering the home improvement industry in the U.S. is essentially a duopoly between Home Depot and Lowe's, the company is still positioned to absorb a lot of this demand. Per the graph above, investors can see that over the last two decades, Home Depot has been able to consistently increase revenue and operating margins -- even during times of economic uncertainty. For reference, the two grey-shaded columns represent U.S. recessions. Although there was some pullback in Home Depot's business during these times, the company was ultimately able to outmaneuver these challenges. I see the current tariff situation as no different. Considering Home Depot sources more than half of its inventory from domestic vendors, the company likely will not have to take on as much cost increases from foreign imports compared to smaller competitors or niche retailers. This is important as the majority of the company's goods already come from the U.S. -- making it highly unlikely that it will need to raise prices and stifle consumer purchasing power. The company has made a number of strategic moves to strengthen its supply chain, all while putting the customer first. For this reason, I think Home Depot's business model will hold up resiliently during this period of pronounced tariffs and its stores will remain an essential pocket of the otherwise sensitive retail industry. Next up on my list is steel producer Nucor. In the chart below, investors can see that shares of Nucor have fallen out of favor with investors throughout 2025. While shares have bounced back from lows in April (in parallel with Trump's tariff announcement) the stock is still facing some pressure. For starters, the steel industry is cyclical. This makes expectations around consistent growth somewhat unrealistic. Despite these dynamics, I see Nucor on the precipice of some lucrative opportunities. Higher prices for imported steel from other countries, particularly China, should bode well for Nucor. In addition, since Trump took office in January, a number of companies across many different industry sectors have committed to increased domestic manufacturing. Chief among these initiatives is Project Stargate, a $500 billion vision for more artificial intelligence infrastructure in the U.S. I see these factors as major tailwinds for the steel industry, and I think Nucor is positioned to capture a portion of this spend. For this reason, now could be a good time to buy the dip as Nucor's growth could witness a sharp rebound sooner rather than later. Before you buy stock in Home Depot, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Home Depot wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Adam Spatacco has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool recommends Lowe's Companies. The Motley Fool has a disclosure policy. 2 American Companies That Could Be the Winners of Trump's Tariff Wars was originally published by The Motley Fool Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
a day ago
- Business
- Yahoo
Man arrested for multiple retail thefts in Osceola County, deputies say
The Brief A man has been arrested after he committed multiple reported retail thefts in Osceola County. Deputies say the man admitted to selling the stolen merchandise for profit. The man is facing multiple charges, including grand theft, petit theft, dealing in stolen property and driving with a suspended license. OSCEOLA COUNTY, Fla. - A man has been arrested after he committed multiple reported retail thefts in Osceola County and admitted to selling the stolen merchandise for profit, deputies say. What we know On May 28, the Osceola County Sheriff's Office said they received a delayed report regarding a series of retail thefts that occurred at the Lowe's located at 4420 Pleasant Hill Road in Kissimmee. When speaking with the store personnel, deputies say six separate theft incidents were reported as taking place between March 27 and April 28. Store surveillance footage captured the suspect's vehicle, including the license plate, which helped detectives in identifying the suspect as 55-year-old Edwin Ibanez. Investigators later determined that Ibanez was driving with a suspended license and had an active warrant for Violation of Probation out of Pinellas County. On May 29, officials spotted Ibanez operating the vehicle and conducted a felony traffic stop near Old Pleasant Hill Road and Cypress Parkway. Deputies say Ibanez was taken into custody without incident. What we don't know Authorities have not yet released the total amount in losses from the combined thefts. What they're saying Deputies say that later on Ibanez confessed to all six reported thefts and admitted to selling the stolen merchandise for profit. What's next Ibanez is facing charges including two counts of grand theft, four counts of petit theft, six counts of dealing in stolen property and driving with a suspended license. Ibanez currently sits in the Osceola County Jail. STAY CONNECTED WITH FOX 35 ORLANDO: Download the FOX Local app for breaking news alerts, the latest news headlines Download the FOX 35 Storm Team Weather app for weather alerts & radar Sign up for FOX 35's daily newsletter for the latest morning headlines FOX Local:Stream FOX 35 newscasts, FOX 35 News+, Central Florida Eats on your smart TV The Source This story was written based on information shared by the Osceola County Sheriff's Office in a news release on May 31, 2025.
