Home Depot cuts outlook amid housing downturn
14th Nov 2006, 16:02 GMT
ATLANTA (Reuters) - Home Depot Inc. on Tuesday reported a 3 percent drop in third-quarter profit that missed Wall Street estimates, and sharply cut its forecast for earnings and sales growth this year as the U.S. housing slowdown crimps spending.
Home Depot cuts outlook amid housing downturn related news:
- Home Depot cuts outlook amid housing downturn — Reuters: Business
- Home Depot cuts outlook amid housing downturn (Reuters) — Yahoo! News: Earnings News
- The Housing Downturn Hits Home Depot — BusinessWeek Online --
- Home Depot warns over housing dip — FT.com - US homepage
- Cuts in Spending, Increases in Taxes Considered to Offset Revenue Drop-Offs — washingtonpost.com - Metro
- Home Depot down as housing market cools — thestar.com: Breaking News
- Home Depot warns over housing slowdown — FT.com - US homepage
- A truck pulls into the parking lot of a Home Depot store in ... — Business Photos on Yahoo! News Photos
- Soft Sales Sink Home Depot Shares — BusinessWeek Online --
- Housing, Lack of Storms Hurt Home Depot — AP Top Business News At 6 p.m.
Latest news from Reuters: Business:
- Clear Channel bids due Monday: sources
- Tyson Foods posts third straight quarterly loss
- IBM to join Citigroup bid for Chinese bank stake
- Foundation blocks Arcelor Mittal's sale of Dofasco
- Volvo to cut 1,000 staff at Virginia plant
- Hess, BHP Billiton, Repsol to buy Anadarko site
- Yum takes slower approach to drive-thrus in China
- Stocks edge down as crude drop hurts oil shares
- Illumina to buy Solexa for $600 million in stock
- Hitachi, GE to form joint nuclear power ventures