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February 10, 2004
By: TOM BRANNA
Editor
Clorox Co., maker of bleach and other household products, said on Tuesday quarterly profit rose on sales of new products and reduced advertising costs. The company also forecast profit for the current third quarter, ending in March, below analysts’ estimates but forecast full-year profit in line with estimates, with the difference made up in the fourth quarter.Oakland, CA-based Clorox, which makes products ranging from Glad plastic bags to Hidden Valley salad dressing, posted profit of $10...
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