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Fortune Brands Stock Pops 12% After a Strong Q1

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Shares of Fortune Brands Home & Security (NYSE: FBHS), a manufacturer of plumbing fixtures, cabinets, doors, security products, and other home hardware, jumped as high as 12% Friday morning before giving back some gains, after the company reported strong first-quarter results. Fortune Brands sales increased 6%, compared with the prior year, to $1.4 billion, topping analysts' estimates. "In addition to expense and cash management improvement initiatives being pursued throughout the Company, it was prudent to add further financial flexibility and liquidity during this uncertain time."