Newell Rubbermaid raises Q3 outlook

Newell Rubbermaid Inc said it raised its earnings and sales growth outlook for the third quarter, adding that it resolved certain tax matters resulting in about $39 million of income, or 14 cents a share, in the quarter.

It now sees normalized earnings of 48 cents to 50 cents a share, which excludes Project Acceleration restructuring costs and the effect of one-time tax items.

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- Posted: 2007-09-17 09:43:41

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