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Industrial supply company $GWW reported a lower 3Q16 net earnings on higher costs, but earnings per share rose due to lesser number of share outstanding. Sales of $2.6Bil increased 3% from a year ago. There were 64 selling days in 3Q16 compared to 3Q15, the company said. EPS for the latest reported quarter rose 4% to $3.05.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.