Tuesday, July 10, 2007

U.S. Stock-Index Futures Fall; Home Depot, Sears Holdings Shares Decline

(Bloomberg) -- U.S. stock-index futures retreated
on concern the housing slump will hurt earnings after Home Depot
Inc. and Sears Holdings Corp. said their profits will fall.

Home Depot, the world's largest home-improvement retailer,
dropped after cutting its full-year forecast. Sears, the biggest
U.S. department-store company, plunged after forecasting
earnings below analysts' estimates due to declining sales.


Read more at Bloomberg Stocks News

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