Activant Solutions Inc. has signed a definitive
asset purchase agreement with Intuit Inc. to acquire the Intuit Eclipseâ„¢
Distribution Management Solutions business.
Home Depot lowered its profit forecast yesterday
and now expects earnings per share to fall as much as 18 percent this year and
annual sales to fall for the first time in the company’s history.
Combined U.S. factory shipments of central air
conditioners and air-source heat pumps for May totaled 739,647, up 8.5% from
May 2006 shipments, according to the Air-Conditioning and Refrigeration
Institute (ARI).
Watsco, Inc., Miami, and ACR Group, Inc.,
Houston, announced that they have executed a definitive merger agreement under
which Watsco will seek to acquire ACR’s outstanding common stock in a cash
tender offer of $6.75 per share.
Federal Trade Commission antitrust authorities have approved plans by Home Depot Inc. to sell HD Supply, according to a Reuters report published last Tuesday. Home Depot announced last
A.O. Smith Water Products Co. appointed Kevin Wheeler senior vice president and general manager of U.S. retail water heaters and Wei Ding as vice president – China. In other changes,
Adam J. Fein, president of Pembroke Consulting and author of the new Facing the Forces of Change: Lead the Way in the Supply Chain report; Joel S. Becker, CEO of
Murray Supply Co. (Winston-Salem, NC) held a counter day at its Hickory, NC, branch in May. Hal Clark from Ludwig, Smith and Walker presented a variety of commercial and residential
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