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Newell Co. reported third-quarter earnings increased 15 percent, to $74.6 million, or 47 cents a share, from $65.1 million, or 41 cents a share, in the year-earlier period. The Freeport-based manufacturer of consumer products said sales increased 17 percent, to $761.9 million from $651.3 million.
For the nine months, net income was up 12 percent, to $175.5 million, or $1.11 per share, from $156.1 million, or 99 cents a share, in the year-earlier period. Revenues increased 16 percent, to $2.11 billion from $1.83 billion.
