Thread- $AIG (American International Group, Inc.)

$AIG {{ '2015-11-03T13:41:26+0000' | timeago}} • Webcast

In 3Q15, $AIG entered into an agreement to sell its Central American operations & entered the partnership with a local buy. Expense management and reduced structural costs are a critical focus as they are a key driver of improving profitability. The company expects to deliver continued improvements to reach 3-5% annual net expense reduction target.

$LOW {{ '2017-05-24T13:24:18+0000' | timeago}} • Webcast

In 1Q17, $LOW saw a 3.5% increase in average ticket and a 1.5% decline in transactions stemming from weaker outdoor performance. The company posted positive comps in 8 of 11 product categories while one category was flat. $LOW drove 27% comp growth on lowes.com.

$CDK {{ '2017-05-24T13:19:47+0000' | timeago}} • Announcement

$CDK agreed to buy Auto/Mate Dealership Systems, a privately-held company that provides a suite of DMS (Dealer Management Systems) products and solutions to over 1000 new car dealership sites. The transaction has been approved by each company’s BoD and is expected to close later this summer.

$AAP {{ '2017-05-24T13:19:35+0000' | timeago}} • Webcast

$AAP said that it has not increased the CapEx estimate of $250MM in 2017 because of the increase in the productivity goal. This amount will be spent for IT, new stores and maintenance.

$LMNX {{ '2017-05-24T13:17:49+0000' | timeago}} • Announcement

$LMNX declared a cash dividend for the 2Q17 of $0.06 per share, payable on July 14, 2017 to stockholders of record as of the close of business on June 23, 2017.

$EIX {{ '2017-05-24T13:16:52+0000' | timeago}} • Announcement

$EIX and Southern California Edison said Michael Camunez has been elected to the BoD of each company, effective June 15. Camunez is president and CEO of ManattJones Global Strategies.

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