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*JimH*
 
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Default Sharp decline in Bruswick Stock


Shares of Brunswick Corp. traded sharply lower Tuesday after the maker of
marine engines, pleasure boats and other leisure goods cut its earnings
targets, blaming the combined effects of higher fuel prices, lower consumer
confidence and Hurricane Katrina.

Brunswick (BC), based in Lake Forest, Ill., saw its stock fall 10.9%, or $
4.61, to $37.89 in recent trading.

Brunswick said that retail demand for its marine products remains strong,
but that as it moves into the off-season, demand is driven primarily by
wholesale buyers.

"We are concerned that if high fuel prices, the drop in consumer confidence
and Katrina lead to slower overall economic conditions, then wholesale
demand for marine products could be affected," said George Buckley, chairman
and chief executive, in a statement.

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