Home Depot Raises 2010 Outlook, Predicts Growth for 2011

Home Depot raised its 2010 outlook, and expects both sales and profits to rise in 2011, when it plans to open 10 new stores. The nation’s biggest home improvement retailer expects sales to rise approximately 2.3%, up from a pre…

Dow Dives 178 Points on China Interest Rate Hike Fears

The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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