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Home Depot: Fiscal Q2 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — The Home Depot Inc. (HD) on Tuesday reported fiscal second-quarter profit of $4.77 billion.

The Atlanta-based company said it had profit of $4.79 per share. Earnings, adjusted for amortization costs, came to $4.92 per share.

The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.71 per share.

The home-improvement retailer posted revenue of $47.86 billion in the period, also beating Street forecasts. Ten analysts surveyed by Zacks expected $47.23 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HD at https://www.zacks.com/ap/HD

Boston Symphony Orchestra and musicians extend contract for 48 hours, delaying possible first strike

BOSTON (AP) — The Boston Symphony Orchestra says it agreed with its musicians to a 48-hour extension of their collective bargaining agreement, allowing more time for negotiations to head off what could be the first strike in the ensemble’s 145-year history. The Boston Musicians’ Association said Saturday it had authorized a strike ahead of the expiration of the union’s three-year contract at 11:59 p.m. Sunday. The BSO said Sunday the contract had been extended to 11:59 p.m. Tuesday. BSO CEO Chad Smith said Sunday that the extension had been agreed to pending a ratification vote by the Boston Musicians’ Association and the Boston Symphony Orchestra Players’ Committee. The unions did not respond to a request for comment. The orchestra and management have had strained relations since BSO decided in March to force out music director Andris Nelsons next summer after 13 seasons.
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