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echo: yahoonews
to: ALL
from: BEN RITCHEY
date: 2006-02-21 07:30:16
subject: Business News Headlines

Yahoo! News: Business
                  -----------------------------------
                  as of Tue, 21 Feb 2006 13:13:10 GMT

    Federated Department quarterly profit rises (Reuters)

Reuters - Federated Department Stores Inc.  on Tuesday said quarterly
 profit rose as it integrated its acquisition of former rival May
 Department Stores.

    Wal-Mart quarterly profit rises (Reuters)

Reuters - Wal-Mart Stores Inc.  on Tuesday posted higher quarterly
 profit as an aggressive holiday advertising campaign drove demand for
 laptop computers and gift cards in the biggest shopping period of the
 year.

    Meristar to be bought by Blackstone for $2.6 bln (Reuters)

Reuters - U.S. hotel real estate investment trust MeriStar Hospitality
 Corp.  said on Tuesday it had agreed to be bought by private equity
 firm The Blackstone Group for about $2.6 billion.

    Home Depot quarterly profit rises (Reuters)

Reuters - Top home improvement retailer Home Depot Inc.  on Tuesday
 reported a 23 percent rise in quarterly profit, topping estimates, on
 strong sales.

    Stock futures rise after retailers' profits (Reuters)

Reuters - U.S. stock futures signaled a slightly higher market open on
 Tuesday as retailer Home Depot Inc.  reported earnings that beat Wall
 Street expectations.

    Middle class feeling pinched in rich Hong Kong (Reuters)

Reuters - Hong Kong's economy might have grown by an estimated 7 percent
 last year and outshone many others in the region, but for insurance
 agent Ngai Wai-wang, that is immaterial.

    Stock futures rise after retailers' profits (Reuters)

Reuters - U.S. stock futures signaled a slightly higher market open on
 Tuesday as retailer Home Depot Inc.  reported earnings that beat Wall
 Street expectations.

    Holiday Ads Help Boost Wal-Mart Profits (AP)

AP - Wal-Mart Stores Inc., the world's largest retailer, said Tuesday
 its fourth-quarter earnings rose 13.4 percent after aggressive holiday
 advertising helped boost sales by 8.6 percent.

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