Tuesday, July 10, 2007

Futures drop on Home Depot; Bernanke eyed

(Reuters) - Shares of Dow-component Home Depot fell 1.5 percent in Europe after the largest U.S. home improvement chain cut its 2007 profit outlook, citing a weak housing market.




Home Depot joins other companies, including printer maker Lexmark International Inc , whose lowered outlooks could temper hopes for strong profits in the reporting season now under way.


Read more at Reuters.com Hot Stocks News

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