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Home Depot: Building sector puts pressure on earnings

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Published in issue 48/2006
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The Home Depot Inc., Atlanta, Georgia, says its net income dropped by 3.1% to US$1.490bn (Aug.-Oct. 2005: 1.538bn) in the third quarter of its business year 2006/2007 (end of January), due to the sluggish development of building activity in the USA. The operating income stagnated at US$2.470bn (2.473bn). The 11.3% ...

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