Black & Decker to focus on European market: paper
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Black & Decker Corp.  Corp.  plans to strengthen its European business as its U.S. sales  growth slows and it aims to supplant market leader Robert Bosch  GmbH  on the continent, its chief executive said on  Friday.
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Japanese electronics maker Sony Corp. could miss its end-March target for the European launch of its new handheld game machine PlayStation Portable (PSP), a company source told Reuters on Friday.
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G.E. is using strong overseas sales to reshape its image in Europe, where hard feelings still linger from its aborted effort to acquire Honeywell in 2001.
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Kraft Foods Inc said on Tuesday it has  struck deals with Starbucks Corp and Bosch Household Appliances  to fuel growth of its Tassimo hot beverage system, which the  company said was on track to become a $200 million brand by  year&#39;s end.
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Germany's MAN AG is planning a more   attractive bid to win over resistant shareholders of Swedish   truckmaker Scania SCVb.ST, the Wall Street Journal on Friday   quoted MAN Chief Executive Hakan Samuelsson as saying.
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Black & Decker Corp , maker of power tools and hardware, said on Friday that worse-than-expected business conditions and an anticipated recall would hurt its fourth-quarter and full-year results.
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The company hopes new chassis and blades will increase market share.
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Research and Markets (http://www.researchandmarkets.com/reports/c50281)  has announced the addition of Frost & Sullivan's new report: European  Flame Retardant Chemicals Markets to their offering.
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Black &amp; Decker Corp. (BDK.N: Quote, Profile, Research) on Wednesday reported a 51 percent increase in third-quarter profit, topping estimates, as sales and profit margins improved in power tools and home hardware.
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Diversified industrial manufacturer Eaton Corp  said on Thursday that it is planning to acquire two companies in Europe and Asia to expand its electrical systems business outside the United States.
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Tool maker Black & Decker Corp  said on Thursday quarterly profit fell due to the weak U.S. housing market and higher commodity prices.
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Kraft Foods Inc. plans to buy Groupe Danone SA's biscuit unit for $7.2 billion to become Europe's largest maker of cookies.
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Altria Group Inc.  said it plans to move  its U.S.-based cigarette production for non-U.S. markets to its  facilities in Europe and will close its Cabarrus, North  Carolina manufacturing facility by the end of 2010.
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General Motors  expects its sales in central and eastern Europe to jump to 505,000 units this year from 350,000 in 2006, GM Europe sales chief Jonathan Browning said on Tuesday.
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Papermaker and forest products company Svenska Cellulosa AB said Tuesday it would cut 1,200 jobs, or 2.4 percent of its overall work force, as it seeks to cut costs amid competition from rivals and declining demand. Most of the job losses will be at plants in France and the Netherlands.
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Black & Decker slashed its fourth-quarter profit outlook on Friday, citing worse-than-expected conditions in North America and a one-time charge.
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INDUSTRY is gearing up for a push to reform the European Union&#39;s sluggish markets and to boost the skills of Britain&#39;s workforce as hundreds of thousands of jobs are sucked away to Asia or Eastern Europe.