Disclosure Insight Maintains Medium Risk on W.W. Grainger

Disclosure Insight is out with its report today on W.W. Grainger GWW, maintaining Medium Risk. In a note to clients, Disclosure Insight writes, "Non-SEC activity and the chairman and CEO positions being held by one person support our opinion of a Medium Risk - Positive Bias rating for GWW. In Feb-08, GWW disclosed it had received a letter from the DOJ in Dec-07 regarding the company's contract with the U.S. General Services Administration, which suggested that GWW had not complied with the GSA contract disclosure obligations and pricing provisions and had potentially overcharged government customers." Shares of GWW closed Friday at $155.45.