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Tuesday, November 15, 2011

Grainger lowers outlook, to close 25 branches

Grainger lowers outlook, to close 25 branches AP WW Grainger Inc. forecast fourth-quarter and 2011 profit Wednesday that fell short of Wall Street's expectations, and said it was closing 25 branches as its industry changes. Grainger supplies maintenance, repair and other industrial products. ... Grainger lowers outlook, to close 25 branches

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