COMPANIES Home Depot, the US home improvements retailer, saw its shares rise over 5 per cent on Tuesday, as it reported better than expected fourth-quarter earnings that included a $602m charge related to closing several businesses and cutting jobs.
The Atlanta-based company lost $54m, or 3 cents a share, during the final three months of 2008, compared with profits of $671m, or 40 cents a share, during the same period the year before.
