DJIA Losers: Home Depot Caught No Love from Home Improvement Data, AXP and GE Disappoint Shareholders

The Dow Jones Industrial Average (NYSEARCA:DIA) is up by 0.39% today and stands at 12,672.95. Shares of these three companies are not participating in the rally.

American Express Company (NYSE:AXP) didn’t please shareholders with earnings. Some negative news from AXP’s Q4 report: provisions for losses were $409 million vs. last year’s $239 million. AXP shares recently traded at $49.66, down $1.29, or 2.53%. They have traded in a 52-week range of $41.30 to $53.80. Volume today was 8,759,716 shares versus a 3-month average volume of 6,932,760 shares. The company’s trailing P/E is 12.45, while trailing earnings are $3.99 per share.

General Electric (NYSE:GE): During today’s earnings Conference Call, CEO Jeffrey Immelt reiterated the company is unlikely to make any big acquisitions in 2012. The company was on an acquiring spree and already spent $12 billion in 2011. Immelt said the main driver for growth in 2013 will be exhausting an order backlog that currently stands at $200 billion. GE shares recently traded at $19.13, down $0.02, or 0.1%. They have traded in a 52-week range of $14.02 to $21.65. Volume today was 71,121,598 shares versus a 3-month average volume of 63,802,300 shares. The company’s trailing P/E is 14.64, while trailing earnings are $1.31 per share.

Home Depot, Inc.(NYSE:HD): IHS Global predicts homeowners and landlords spent 3.3 percent more on everything from small renovations to full-scale remodeling jobs in 2011, with an additional 5.7 percent growth expected in 2012. The news is no help to Home Depot. HD shares recently traded at $44.43, down $0.98, or 2.16%. They have traded in a 52-week range of $28.13 to $45.42. Volume today was 8,970,344 shares versus a 3-month average volume of 10,786,300 shares. The company’s trailing P/E is 19.15, while trailing earnings are $2.32 per share.