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Stock Market & Financial Investment News

News Breaks
February 20, 2013
06:21 EDTMSMMSC Industrial benefits from strong demand, Bloomberg reports
Strong demand for light bulbs and power tools has made MSC Industrial Direct (MSM) Chairman Mitchell Jacobson a billionaire. The third-largest provider of office and industrial equipment worldwide, the Melville, N.Y.-based company’s shares are up 14% this year after hitting a record high last week. That has pushed the 61-year-old’s net worth to $1.3B, according to the Bloomberg Billionaires Index. Jacobson, the company’s largest shareholder, has never appeared on an international wealth ranking. Reference Link
News For MSM From The Last 14 Days
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July 9, 2014
09:13 EDTMSMOn The Fly: Pre-market Movers
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07:03 EDTMSMMSC Industrial says current demand environment has moderate growth
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07:03 EDTMSMMSC Industrial sees Q4 adjusted EPS 98c-$1.02, consensus $1.07
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07:01 EDTMSMMSC Industrial reports Q3 adjusted EPS $1.06, consensus $1.06
Reports Q3 revenue $720.48M, consensus $727.26M
July 8, 2014
16:57 EDTMSMGoogle Shopping for Suppliers shuts down, says William Blair
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15:23 EDTMSMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include MSC Industrial (MSM), consensus $1.06; Synergy Resources (SYRG), consensus 10c.

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