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Black & Decker Corp. reported record first-quarter...

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Black & Decker Corp. reported record first-quarter earnings of $38.4 million, a gain of 23% from a year ago. Sales rose 15% to $705.5 million, also a record. The Towson, Md., maker of power tools and household appliances attributed the results to continued strong orders in the United States, Europe and other markets.

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