Consumer Products conglomerate Fortune Brands Inc. (FO.N) Reported sharply Higher quarterly earnings on Friday, helped by lower Expenses, and said ITS Thurs Separate plan is on track. The maker of Jim Beam bourbon, Moen Faucets and Titleist golf balls said net Income was $ 85.4 Million, or 55 cents per share, in the fourth quarter, compared with $ 11.5 Million, or 8 cents per share, a year EARLIER. Excluding items, earnings were 63 cents per share.
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