Home Depot, Housing Market | featured news

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Earnings Fall but Home Depot Raises Outlook

Third-quarter earnings at the retailer fell 8.9 percent amid weak housing and renovation markets, but the retailer raised its full-year outlook.

 

Home Depot Closes Expo, Cuts Jobs

Home Depot is cutting 7,000 jobs and closing its 34 Expo Design Centers as the recession continues to batter the U.S. housing market.

 

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