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Longs Drug Stores: The Walnut Creek, Calif.,...

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From Times Staff and Wire reports

Longs Drug Stores: The Walnut Creek, Calif., drugstore chain said third-quarter net income fell 6% from a year ago to $11.9 million as revenue rose 9% to $556.7 million. The company said its profit was hurt by lower gross margins and increased salary and benefits costs.

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