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Market Update : 
Home Depot Falls on Share-Buyback Plan
Author: Elena Todorova
123jump.com
Last Update: 11:21 AM EDT September 04 2007


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Merrill Lynch slashed its earnings estimates on 12 service stocks, as it predicts a 65% U.S. recession. As a result, FTI Consulting dropped 2.5%, Heidrick & Struggles slipped 5.9%, and Manpower declined 3%. Merrill Lynch also upgraded Iron Mountain to buy from neutral, sending it up 1.4%.

 

 

 
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