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More Cost-Cutting Is on the Way

Consumer products companies look for more savings

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By: TOM BRANNA

Editor

Just as suppliers were managing to push through price increases, it looks as if consumer product companies are getting serious about cutting costs as the economy faces an uncertain future. According to Deutsche Bank analyst Bill Schmitz  companies have adjusted to the slower growth and rising input costs by “reversing course” and focusing on raising its own prices and cutting operating costs. In a note to investors, Mr. Schmitz wrote “We remain somewhat cautious on the gr...

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