Kamis, 24 Februari 2011

Home Depot profits surge, CEO sees business 'stabilizing'

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By Arielle Kass

The Atlanta Journal-Constitution

Atlanta-based home improvement retailer Home Depot saw an increase in annual sales for the first time since 2006 as it raised its expectations for 2011.

The company credited an improving economy, in part, for a jump in fourth-quarter and annual profits in 2010.
"The overall picture is one of a stabilizing business," Home Depot chairman and CEO Frank Blake said.
Blake said states heavily affected by the

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