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MSC Industrial Direct (MSM +0.3%) is up slightly today after its FQ1 earnings beat estimates on...
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Thursday, January 5, 2012, 1:08 PM ETMSC Industrial Direct (MSM +0.3%) is up slightly today after its FQ1 earnings beat estimates on better than anticipated sales and a slight boost in gross margins. Profit jumped 26% Y/Y as the company says manufacturing demand continues to rebound, while its pricing power mitigated softness in its government-sector business and higher commodity costs.
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