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Dial Beats Estimates for Second Quarter

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By: TOM BRANNA

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Dial Corp. today beat analysts estimates with a sharp rise in second-quarter net income and raised its forecast for full-year earnings, a rare move for a consumer products company in the current weak economic environment. Helped by sales growth in its soap and laundry business, the maker of Dial soap, Renuzit air freshener and Armour canned meats continued its rebound from a dismal 2000 by posting net income of $14.7 million, or 16 cents a share, up from $1.1 million, or 1 cent a share, a year a...

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