Home Depot: Housing market is healing

Posted by Bonnie Martin Designated Broker on Tuesday, November 13th, 2012 at 9:00am.

CNNMoney - Home Depot  reported better-than-expected earnings and revenue Tuesday and raised its guidance for the current quarter, citing signs of a housing recovery.

The news lifted shares of the Dow component 1.9% in premarket trading.

The quarter only ran through Oct. 28, the day before Hurricane Sandy came ashore in New York and New Jersey.

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