Tuesday, February 20, 2007

U.S. Stock-Index Futures Fall After Home Depot Trails Estimates

U.S. stock-index futures fell after profit that missed analysts' estimates at Home Depot Inc., the world's largest home-improvement retailer, heightened concern that earnings growth is slowing.
Home Depot's report comes as fourth-quarter profits at Standard & Poor's 500 Index members are poised to increase less than 10 percent for the first three-month period since 2002. Intel Corp. and International Business Machines Corp. are among companies that fell short of expectations.

Read more at Bloomberg.com

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