$MCS (The Marcus Corporation)

$MCS {{ '2015-12-01T15:14:46+0000' | timeago}} • Announcement

Marcus Hotels & Resorts, a division of $MCS, said it named Andrea Foster as Senior VP, Development, for Marcus Hotels & Resorts and another $MCS subsidiary MCS Capital LLC. Foster joins from PKF Consulting, where she was managing director.

$MSFT {{ '2017-07-21T14:22:52+0000' | timeago}} • Webcast

$MSFT said the large markets like the US, Germany and Japan performed better than its expectations in 4Q17. To compete with its competitors $GOOGL and $AMZN, Microsoft invested about $3.3Bil in CapEx, which includes the capital leases. This was up sequentially partly due to the deferral of planned datacenter spending from 3Q17 to 4Q17.

$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.

$HLT {{ '2017-07-19T14:12:06+0000' | timeago}} • Announcement

$HLT received unsolicited mini-tender offer being conducted by TRC Capital to buy up to 2MM shares of $HLT's common stock outstanding at $59.75 per share. $HLT does not endorse TRC Capital's offer and recommends that stockholders reject the offer because the offer price is below the current market price.

$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.

$GS {{ '2017-07-19T11:22:37+0000' | timeago}} • Webcast

$GS advised a number of important transactions that were announced during 2Q17, including $BCR's $24Bil sale to $BDX. $AMZN's $13.7Bil acquisition of $WFM, and $DFT's $7.6Bil merger with $DLR.

$WYN {{ '2017-07-18T17:00:12+0000' | timeago}} • Announcement

$WYN acquired Minnesota-based AmericInn hotel brand and its management company, Three Rivers Hospitality, from Northcott Hospitality for $170MM. AmericInn's portfolio consists of 200 primarily franchised hotels with about 11,600 rooms in 21 states, predominately in the Midwestern U.S., Ohio Valley, and Mountain states.

$CAR {{ '2017-07-17T13:54:53+0000' | timeago}} • Announcement

Car Rental operator $CAR said it has integrated $AMZN’s voice platform Alexa to allow travelers to book and manage car rental reservations with ease.  Avis is the first car rental company to offer the service.

$ACN {{ '2017-07-17T13:48:53+0000' | timeago}} • Announcement

$ACN unit Accenture Interactive, together with hospitality firm $MAR and start-up incubator 1776, has launched the Travel Experience Incubator, an initiative to foster start-ups that work to improve the travel experience.

$MAR {{ '2017-07-14T20:24:18+0000' | timeago}} • Announcement

$MAR announced the signing of Le Meridien Seoul, set to be the first Le Meridien property in Korea. The hotel is owned by Cheonwon Ind. Co., Ltd and is slated to open in September 2017.

$AMZN {{ '2017-07-12T13:51:52+0000' | timeago}} • Announcement

$AMZN said on Prime Day 2017, held on July 11, sales surpassed Black Friday and Cyber Monday. The Prime Day 2017 event grew by more than 60% compared to 2016, and sales growth by small businesses and entrepreneurs was even higher. Purchases made on Prime Day 2017 were more than 50% higher than the prior year.

$AMZN {{ '2017-07-10T11:06:10+0000' | timeago}} • Announcement

$AMZN plans to open a new fulfillment center in Orlando, Fla. When the site opens in 2018, $AMZN will create 1,500 new full-time jobs with benefits and opportunities to engage with Amazon Robotics in a highly technological workplace.

$MKTX {{ '2017-07-05T21:24:34+0000' | timeago}} • Announcement

$MKTX announced total monthly trading volume for June 2017 of $127.2Bil, consisting $71.5Bil in US high-grade volume, $50.5Bil in other credit volume, and $5.2Bil in liquid products volume. It also reported preliminary total variable transaction fees per million of $195 for the quarter ended June 30, 2017 vs $197 for the year-ago quarter.

$AMZN {{ '2017-07-05T13:32:43+0000' | timeago}} • Announcement

$AMZN will create 1,500 full-time hourly associate roles at its first Utah fulfillment center in Salt Lake City. Employees at the 855,000-plus square-foot fulfillment center will pick, pack, and ship smaller customer items, such as books, electronics and toys.

$NKE {{ '2017-06-30T12:06:36+0000' | timeago}} • Webcast

$NKE said that on the $AMZN partnership, it's a small pilot currently and not much can be spoken about the future plans. The company will continue to work with the retailer and if it sees success then it will work on to build the plan to scale it.

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