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Black & Decker posts 22% lower profit, cuts outlook
SAN FRANCISCO (MarketWatch) - Toolmaker Black & Decker Corp. said Friday its profit fell 22% in the second quarter, hit by a sluggish U.S. market that the company predicted will keep downward pressure on sales through the rest of the year.
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MarketWatch.com - Top Stories
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on Jul 25, 08
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