Home Depot net profit adds 32% in fourth quarter

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Source: Marketwatch
Home improvement retailer Home Depot reported its profit jumped 32% in fourth quarter, mainly due to higher net sales which climbed 5.9%. Sales at identical stores added 5.7% reported Home Depot on Tuesday. In total company earned USD 774 million or USD 0.5 per share. The profit outperformed analyst estimations of profit USD 0.42 a share. 
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Tue, 21 Feb 2012 14:47:49 GMT

FTSE 100 declines led by oil stocks

British FTSE 100 index retreated from gains on Tuesday as investor optimism over ultimate Greek debt crisis solution was offset by fears Greece would be forced to ask for more funding or default. British index slipped 0.3% during session weighted down by oil and financial shares. Tullow Oil Plc posted the biggest loss for the index, tumbling 4% after the

Tue, 21 Feb 2012 14:32:27 GMT

Copper futures soared after Greek bailout deal

Copper futures advanced on Tuesday following the announcement of the approved Greek bailout deal. The improved situation stimulated the risk appetite among traders thus boosting demand for industry metals. COMEX copper March contract traded at 3.791 US Dollars per pound at the early European trade, on the New York Mercantile Exchange, gaining 2.22%.

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