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Newell Rubbermaid (NWL +13.2%) shares soar despite posting a Q3 loss, mostly due to a writedown...

Newell Rubbermaid (NWL +13.2%) shares soar despite posting a Q3 loss, mostly due to a writedown on the value of its baby and parenting and hardware businesses. Investors like the company's announced restructuring plan aimed at boosting profits and strengthening brands, with anticipated cuts of $90M-$100M in costs by the end of 2012.

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