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Industrial supply company $GWW's 1Q16 gross profit fell 4% and gross profit margin of 41.7% fell 3.1 percentage points versus 1Q15, mainly due to price deflation greater than cost deflation and increased sales to lower margin customers. Operating earnings fell 10% versus 1Q15, driven by lower gross profit margin.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.