Dec
18

Wal-Mart Stores and Home Depot posted quarterly results yesterday that presented a troubled outlook for retailers.
Home Depot said its quarterly earnings fell 29.5 percent, and Wal-Mart warned that profit in its current quarter might fall short of expectations.
Wal-Mart, the largest retailer in the nation, said it earned $2.83 billion, or 68 cents a share, up [...]