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Dial Announces Restructuring Plans

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By: TOM BRANNA

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After projecting a 30% decrease in earnings on sagging sales this year, The Dial Corporation announced a $26 million restructuring plan that will eliminate more than 100 jobs.The Scottsdale-based company is expecting a 30 percent drop in its earnings for the first half of this year and full-year earnings per share to be down 25 to 30 percent compared to 1999.Net sales are also expected to decline approximately 6 percent in the second quarter of 2000 from the same period of 1999. Dial plans to co...

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