Black & Decker Drilled by Profit Warning.

The article reports that Black & Decker is struggling to persuade cautious retailers to take on their products and battles high costs. The company is expecting to gain net earnings per share between $1.30 and $1.35 in the fourth quarter of 2006 and around $6.50 for the full year. Its customers in the retail industry reduced their orders in recent months as consumer demand weakens in the U.S.