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Empresas y finanzas

Home Depot ups 2010 outlook; sees sales up in 2011


    NEW YORK (Reuters) - Home Depot Inc raised its 2010 outlook and forecast a rise in both sales and profits next year, ahead of a meeting with investors on Wednesday.

    The top home improvement chain sees 2010 earnings of $1.97 a share, up from $1.94 a share. It sees sales rising 2.3 percent, versus its prior outlook of a 2.2 percent increase.

    For 2011, the company sees sales rising 2 percent to 2.5 percent and earnings per share from continuing operations rising 11 percent to 13 percent, after share repurchases.

    (Reporting by Dhanya Skariachan; Editing by Derek Caney)