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Stock Market & Financial Investment News

News Breaks
December 6, 2012
06:31 EDTGWWGrainger downgraded to Neutral from Buy at UBS
UBS downgraded Grainger following its disappointing November analyst day citing faltering growth initiatives, increased investment, and macro dependent share drivers. Price target lowered to $202 from $231.
News For GWW From The Last 14 Days
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February 11, 2016
08:02 EDTGWWGrainger reports January daily sales up 4%
Grainger reported daily sales results for the month of January 2016. Company daily sales increased 4% in January of 2016 versus January of 2015. The sales growth included a 4 percentage point contribution from Cromwell Group Limited, acquired September 1, 2015, and a 2 percentage point reduction from foreign exchange. Excluding acquisitions and foreign exchange, organic daily sales grew 2 percent driven by a 3 percentage point increase in volume and a 2 percentage point benefit from holiday timing, partially offset by a 2 percentage point decline in price and a 1 percentage point decline from sales of Ebola related safety products recorded in 2015 that did not repeat.

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