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Breaking news in Wholesale Distribution

NOW Inc. Agrees to Acquire Power Service

Acquisition strengthens company's offerings.

Raw materials price index grew 4.5 percent, led by higher prices for crude energy products.

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The company reported a loss of $13.6 million for the quarter.

Profit decreased 13 percent in the first quarter.

North America sales down 9.7 percent year-over-year.

Profit for the quarter decreased 5.5 percent.

The company reported a loss of $4.7 million in the first quarter.

Profit decreases 20.3 percent in first quarter.

Year-to-date sales up 20 percent year-over-year.

Company reports loss of $119 million for the quarter.