Black & Decker Gets Drilled.

The article reports on the announcement by Black & Decker, a manufacturer of power tools and other household accessories, that it has launched a product recall and slashed its profit for the fourth quarter of 2007. The company said that it will recall certain DeWALT XRP cordless drills produced during the past 18 months. The charge includes estimated costs to repair products returned by customers, as well as the hit from sales returns from distribution channels, but does not account for anything potential recouped from a component supplier.