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Thursday, February 15, 2007

Import prices tumble 1.2% on petroleum (Silk flowers wholesale)

January decline biggest since October '06 as petroleum prices fall 7.3%. WASHINGTON (Reuters) -- A big drop in petroleum prices helped push down U.S. import prices by a bigger-than-expected 1.2 percent in January, a government report on Thursday showed.

ATLANTA -- Home Depot said Monday it was considering a possible sale of its U.S. wholesale-supply business, which brings in $12 billion a year.