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Clorox Cuts 2006 Outlook on Rising Energy-Related Costs

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By: TOM BRANNA

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Clorox Co. cut its earnings forecast for the current fiscal year due to rising energy-related costs driven by the recent hurricanes. The maker of bleach and other household products also plans price increases on about 40% of its products. Clorox shares fell 77 cents (1.4%) to close at $53.81 Tuesday on the New York Stock Exchange. The company lowered forecast for earnings from continuing operations for the fiscal year that ends in June to between $2.91 and $3.06 a share. It had earlier exp...

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