AGR Announces Completion of Acquisition and The Home Depot Declares First Quarter Dividend of 23.625 Cents

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City of Industry, CA --(www.USEquityNews.com)-- 05/24/2010 - Industrial Goods industry alert provided by U.S. Equity News. AGR Tools, Inc. (OTCBB: AGRT) is pleased to announce that it has finalized all the corporate documentation necessary to complete its acquisition of AGR Stone & Tools USA, Inc. ("AGR USA"). Pursuant to the share exchange agreement between the companies dated October 29, 2009, AGR Tools has adopted corporate resolutions to issue 46,186,516 shares of its common stock to the shareholders of AGR USA, and AGR USA will become its wholly owned subsidiary effective May 25, 2010. Twenty-five million shares of the Company's common stock held by a former officer have been surrendered for cancellation. The public company will continue to trade under the symbol AGRT and operate as AGR Tools, Inc. Its wholly owned subsidiary will continue to operate under the name AGR Stone & Tools USA, Inc.


"We are excited that the going public process has been completed successfully," stated Rock Rutherford, the President and CEO of both AGR Tools and AGR USA. "We are looking forward to developing the business of AGR USA as a public company. As management, we can only feel proud of the efforts of our team in helping this come to fruition."

The Home Depot (NYSE: HD), the world's largest home improvement retailer, recently announced that its board of directors declared a first quarter cash dividend of23.625 cents per share. The dividend is payable on June 17, 2010to shareholders of record on the close of business on June 3, 2010. This is the 93rd consecutive quarter the Company has paid a cash dividend.

Lowe's Companies, Inc. (NYSE: LOW) invites you to listen as its 2010 Annual Meeting of Shareholders is broadcast live over the Internet at 10:00 a.m. Eastern Daylight Time on Friday, May 28, 2010.
What: Lowe's Annual Meeting of Shareholders

When: 10:00 a.m. Eastern Daylight Time on Friday, May 28, 2010

Where: Visit Lowe's Investor Relations website at http://www.Lowes.com/investor

Click on Lowe's 2010 Annual Meeting of Shareholders Webcast

How: Live over the internet - the archived webcast will be available until June 11, 2010.

Contact: Robbin Moore-Randolph (704) 758-3579

Sherwin-Williams (NYSE: SHW) June puts were active during Friday's trading session, thanks to an investor who appeared to have taken a moderately bearish stance on the painting company. SHW shares dropped 39 cents to $74.98 during afternoon trading. The stock is just 6% off its 52-week high of $80.53.

Take a look at this one-by-two spread on SHW. An investor bought the June 70-75 one-by-two put spread 3,000 times for 28 cents per spread. This means the investor bought the June 75 puts 3,000 and sold twice as many of the June 70 puts for a combined debit of 28 cents per transaction.

The June 75 puts traded for approximately $3.08 and were home to open interest of 1,406 contracts. The June 70 puts are home to current open interest of 4,873 contracts and traded for an average price of around $1.40.

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