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Home Depot Reports 3Q Profit Drop

14th Nov 2006, 13:04 GMT

ATLANTA (AP) -- The Home Depot Inc., the nation's largest home improvement store chain, blamed a slowing housing market as it reported a 3.1 percent drop in third-quarter profit on a marked decline in sales at stores open at least a year. The company also lowered its earnings per share and sales growth guidance for the year....

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