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Newell Rubbermaid to exit certain product lines

Tue Jul 15, 2008 8:44am EDT

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ATLANTA, July 15 (Reuters) - Consumer products maker Newell Rubbermaid Inc (NWL.N) said on Tuesday that it would exit some product lines and raise prices in response to higher material costs.

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The maker of Sharpie markers and Rubbermaid storage containers backed a previous second-quarter forecast but cut its full-year profit outlook. (Reporting by Karen Jacobs, editing by Gerald E. McCormick)



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