UPDATE 2-Snap-on trims earnings forecast for year

Newswire

(Adds comment, changes dateline to Atlanta) By Karen Jacobs ATLANTA, June 26 (Reuters) - Snap-on Inc. , which makes repair tools for automobiles, on Thursday cut its full-year earnings forecast due to weakness in its commercial and industrial segment, sending its stock down 5.5 percent. The company also said second-quarter profit would fall below analysts' estimates as it cuts about 100 jobs. Senior executives told a conference call that industrial weakness in North America and ...

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