DURACELL

The world's leading battery maker is losing share to Energizer (ENR ) and Rayovac (ROV ). Operating profits fell 49% in the first quarter alone.

SHAVING

Although it's still Gillette's core business, bloated inventories helped depress first-quarter profits by 13%.

BRAUN

Despite its strength in electric razors, Braun's household-appliance unit is a costly distraction.

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