Home Depot News

The Home Depot said it reached a tentative agreement in March to settle California lawsuits related to the sale of paints and coatings.

Citing improved performance, Standard & Poor's announced Tuesday that it is raising its corporate credit rating for Home Depot from "A-" to "A".

Additionally, the credit ratings agency upped its short-term ratings from "A-2" to "A-1". These increasingly investment-grade ratings point to confidence in the company's ability to meet its financial commitments, with a stable outlook on the ratings.

Dave & Buster's, Inc., the chain of restaurant/entertainment outlets, has named John Mulleady as its senior VP development. In addition to overseeing all real estate and construction projects, Mulleady will lead the company's expansion strategy, driving D&B's growth into new and under-penetrated markets. Dave & Buster's currently has 59 locations in the U.S. and Canada, and expects to open several more in the near future.

The Home Depot executive builds business around service.