– The home improvement retailer's stock rose 1% in the premarket after its quarterly profit and revenue beat Wall Street forecasts. Home Depot earned $3.21 per share, 3 cents above estimates, and comparable-store sales also beat estimates. Home Depot also announced a 15% dividend increase. – Macy's beat estimates by 45 cents with adjusted quarterly earnings of $2.45 per share, and the retailer's revenue beat estimates as well.
– The publishing company agreed to be bought by private equity firm Veritas Capital for $21 per share in cash or about $2.8 billion. The stock surged 14.9% in premarket trading.
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