$OFC (Corporate Office Properties Trust)

$OFC {{ '2015-12-11T11:03:40+0000' | timeago}} • Announcement

$OFC said its Board of Trustees declared a dividend of $0.275 per common share of beneficial interest for 4Q15, payable on Jan. 15, 2016 to shareholders of record on Dec. 31, 2015.

$GWW {{ '2017-07-19T19:32:05+0000' | timeago}} • Webcast

In the US segment, $GWW said it expects volume growth of 6-8% in the back half of the year, based on price changes. The company, meanwhile, did not give a month-wise update on volume growth.

$GWW {{ '2017-07-19T18:59:11+0000' | timeago}} • Webcast

$GWW said its mid-size customer volume continued to accelerate throughout 2Q17 and was positive for the first time in five years during the quarter. The company added that currently, about 50% of the mid-size customer volume is on more competitive pricing.

$GWW {{ '2017-07-19T14:00:08+0000' | timeago}} • Infographic

$GWW W.W. Grainger, Inc. Earnings AlphaGraphic: Q2 2017 Highlights

$GWW {{ '2017-07-19T12:44:44+0000' | timeago}} • Announcement

$GWW's sales for the US segment were up 1% YoY in 2Q17, driven by a 5 percentage point increase from volume. Canada segment sales fell 3% in US dollars, while sales for the Other Businesses increased 11% during this period.

$GWW {{ '2017-07-19T12:41:24+0000' | timeago}} • Announcement

In the US segment, $GWW's gains from the sale of assets in 2Q17 were offset by restructuring costs. The Canadian business announced plans to close 59 branches in 2017 as part of restructuring. $GWW also announced the wind-down of its business in Colombia. Restructuring items represented $1.07 per share in charges.  Excluding them, EPS decreased 5%.

$GWW {{ '2017-07-19T12:37:57+0000' | timeago}} • Announcement

$GWW CFO Ron Jadin announced that he will be retiring at 2017-end. Jadin joined Grainger in 1998 and has served in various financial roles including as CFO since 2008.

$GWW {{ '2017-07-19T12:34:09+0000' | timeago}} • Announcement

Despite a drastic fall in earnings in 2Q17, $GWW reiterated its 2017 sales and EPS guidance of sales growth of 1-4% and adjusted EPS of $10-11.30. CEO DG Macpherson said, "Outside the US, we took aggressive action to streamline our portfolio and focus on profitable businesses. Based on what we are seeing, we are reiterating our 2017 guidance."

$GWW {{ '2017-07-19T12:26:52+0000' | timeago}} • Announcement

Industrial supplies company $GWW saw 43% fall in net earnings in 2Q17, even as sales increased 2% to $2.61Bil. The sales growth during the quarter was spurred by its continued volume growth from the pricing initiatives in the US. Net earnings were $98MM, or $1.67 per share, compared to $173MM, or $2.79 per share in the year-over period.

$INN {{ '2017-07-10T21:02:05+0000' | timeago}} • Announcement

$INN announced Hope Taitz has been appointed to the company's Board of Directors as an independent director.

$SKT {{ '2017-07-06T13:17:07+0000' | timeago}} • Announcement

$SKT declared a quarterly dividend of $0.3425 per share for the second quarter ending June 30, 2017. The dividend will be payable on August 15, 2017 to holders as on July 31, 2017.

$KRC {{ '2017-07-05T20:40:21+0000' | timeago}} • Announcement

$KRC has appointed Eliott Trencher as SVP, Corporate Strategy. Mr. Trencher joins $KRC from Cohen & Steers Capital Management.

$SKT {{ '2017-07-03T19:38:48+0000' | timeago}} • Announcement

$SKT said Tanger Properties Limited Partnership has completed a public offering of $300MM of 3.875% senior notes due 2027. The notes will pay interest semi-annually at a rate of 3.875% per annum and mature on July 15, 2027. Net proceeds will be used to redeem its 6.125% senior notes due 2020, approx $300MM in aggregate principal amount outstanding.

$SKT {{ '2017-06-28T20:44:40+0000' | timeago}} • Announcement

$SKT's operating partnership, Tanger Properties Limited Partnership agreed to sell $300MM of 3.875% senior notes due 2027 in an underwritten public offering. Tanger intends to use the net proceeds of $295.9MM from the sale of the notes, together with borrowings under its unsecured lines of credit, to redeem all of its 6.125% senior notes due 2020.

$CUZ {{ '2017-06-19T20:34:34+0000' | timeago}} • Announcement

$CUZ announced that its Board of Directors has declared a cash dividend of $0.06 per common share for 2Q17. The dividend will be payable July 13, 2017, to common shareholders of record on July 3, 2017.

$KRC {{ '2017-06-15T20:34:38+0000' | timeago}} • Announcement

$KRC appointed Steve Rosetta as CIO. Rosetta joins Kilroy Realty from Cushman & Wakefield, where he most recently served as VP, and a member of The Global Advisory Board.

$CUZ {{ '2017-06-15T20:30:12+0000' | timeago}} • Announcement

$CUZ completed the disposition of American Cancer Society Center, a 996,000 sq. ft. office asset in downtown Atlanta, for a gross price of $166MM. This transaction was included in the company's previously provided 2017 disposition activity range of $300-325MM. With this transaction, $CUZ has now completed approx. $316MM in dispositions during 2017.

$SPG {{ '2017-06-15T17:11:54+0000' | timeago}} • Announcement

Genting Simon, a joint venture between Genting Plantations and $SPG, has opened Genting Highlands Premium Outlet, its second Premium Outlet Center in Malaysia. The 278,000 sq-ft facility will feature over 130 designers and brand name stores.

$FR {{ '2017-06-13T12:53:56+0000' | timeago}} • Announcement

$FR priced its underwritten public offering of 2.56MM common shares. $FR will receive about $76MM of gross proceeds, before deducting underwriting discounts and commissions and estimated offering expenses. $FR plans to use proceeds for general corporate purposes, which may include development and/or acquisition of properties and repayments of debt.

$FR {{ '2017-06-12T20:50:19+0000' | timeago}} • Announcement

$FR commenced an underwritten public offering of 2.56MM shares of its common stock. The company plans to use the proceeds for general corporate purposes, which may include development and/or acquisitions of properties and repayments of debt. UBS Investment Bank is acting as the sole underwriter for the common stock offering.

$CLI {{ '2017-06-12T14:14:37+0000' | timeago}} • Announcement

$CLI's BoD declared a quarterly cash dividend of $0.20 per common share, The dividend will be paid on July 14, 2017 to shareholders of record as of July 6, 2017. This is an increase of 33.3% over the dividend from the prior quarter and the first increase for the company since 2006.

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