Home Depot Beats Expectations, Increases Dividend and Buys Shares

Home Depot (HD) - Get Report turned in a financial report card that Wall Street likes. The home improvement retailer reported $1.44 a share, which was a dime less than expected. It also saw same store sales gain of 5.8% and increased its dividend by 29%. Home Depot also announced a buyback of $15 billion worth of shares. President Trump names his replacement for Michael Flynn. He's H.R. McMaster, an Army Strategist who is known for looking at future threats and how to deal with them. Stocks will try to conquer more records this week. All 3 major U.S. stock indices closed at record highs Friday before the long President's day weekend. The Dow Jones Industrial average has had 7 straight record setting sessions. This week will contain earnings, economic reports and the Federal Reserve minutes from the most recent meeting.