(Reuters) - The United States' largest home improvement chain, Home
Depot Inc , roiled markets by lowering its 2007 earnings
outlook, while Standard and Poor's warned that it may cut the
credit ratings of $12 billion worth of bonds backed by subprime
loans.
A slump in the housing market could dampen U.S. consumer
spending and hit Mexican economic growth, as the United States
buys nearly 90 percent of Mexico's exports.
Read more at Reuters.com Bonds News
Depot Inc , roiled markets by lowering its 2007 earnings
outlook, while Standard and Poor's warned that it may cut the
credit ratings of $12 billion worth of bonds backed by subprime
loans.
A slump in the housing market could dampen U.S. consumer
spending and hit Mexican economic growth, as the United States
buys nearly 90 percent of Mexico's exports.
Read more at Reuters.com Bonds News
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