$UTI (Universal Technical Institute, Inc.)

$UTI {{ '2016-09-27T13:41:08+0000' | timeago}} • Announcement

Technical company $UTI unveiled a Financial Improvement Plan to generate operating income and improve EBITDA in 2017. The company will flatten the organization, streamline business processes and adopt cost-saving measures. $UTI expects to deliver $25-30MM in annualized cost savings. $UTI will incur a severance charge of about $4MM in 4Q16.

$STRA {{ '2018-01-19T22:54:31+0000' | timeago}} • Announcement

$STRA's stockholders at a special meeting approved proposals to effect the merger between $STRA and $CPLA. These, which will take effect at merger completion, include lift in number of authorized shares to 32MM; the issuance of shares of $STRA to effectuate the merger; and the change of the company's name from to "Strategic Education Inc."

$CPLA {{ '2018-01-19T21:46:11+0000' | timeago}} • Announcement

$CPLA said its shareholders approved its merger with Strayer Education, Inc. As a result of the proposed merger, Strategic Education, Inc. will be the corporate entity under which both Capella University and Strayer University will operate as independent and separately accredited institutions. The merger is expected to close in 3Q18.

$KR {{ '2018-01-18T20:51:35+0000' | timeago}} • Announcement

$KR said it is actively recruiting experienced retail and digital and technology talent for new and open corporate and store management roles across its family of companies. As part of Restock Kroger, $KR is also investing an incremental $500MM in human capital over the next 3 years.

$HRB {{ '2018-01-16T22:37:25+0000' | timeago}} • Announcement

$HRB and $WMT announced that $HRB will be the exclusive DIY desktop tax software provider available at Walmart stores nationwide, and sold directly by Walmart on walmart.com. This partnership makes the DIY products more convenient for clients to purchase, and prepare their taxes and get their maximum tax refund.

$IT {{ '2018-01-16T14:26:56+0000' | timeago}} • Announcement

$IT said worldwide semiconductor revenue is forecast to total $451Bil in 2018, an increase of 7.5% from $419Bil in 2017. $IT predicts that component shortages, a rising bill of materials and the resulting prospect of having to raise average selling prices will create a volatile market through 2018.

$IT {{ '2018-01-16T14:03:49+0000' | timeago}} • Announcement

$IT said worldwide IT spending is projected to total $3.7 trillion in 2018, an increase of 4.5% from 2017. Enterprise software continues to exhibit strong growth, with worldwide software spending projected to grow 9.5% in 2018, and it will grow another 8.4% in 2019 to total $421Bil. The devices segment is expected to grow 5.6% in 2018.

$IT {{ '2018-01-16T12:52:21+0000' | timeago}} • Announcement

$IT said worldwide semiconductor revenue is forecast to total $451Bil in 2018, an increase of 7.5% from $419Bil in 2017. Price increases for both DRAM and NAND flash memory are lifting the overall semiconductor market outlook.

$KRG {{ '2018-01-12T13:18:06+0000' | timeago}} • Announcement

$KRG has entered into a JV to build and operate a full-service Embassy Suites hotel at its Eddy Street Commons property at the University of Notre Dame. The company will own a 35% non-controlling interest in this $46MM project that was partially funded with $6MM in tax increment financing proceeds.

$IT {{ '2018-01-11T23:01:02+0000' | timeago}} • Announcement

$IT said worldwide PC shipments totaled 71.6MM units in 4Q17, down 2% from 4Q16. 2017 PC shipments surpassed 262.5MM units, down 2.8% from 2016. In the US, PC shipments surpassed 15.2MM units in 4Q17, down 8% YoY. PC shipments in EMEA were 21.8MM units in 4Q17, down 1.4% YoY.

$KRG {{ '2018-01-04T22:40:18+0000' | timeago}} • Announcement

$KRG announced that David Buell has been promoted to SVP, Chief Accounting Officer, effective January 1, 2018. Mr. Buell replaces Thomas Olinger, who retired from the company. He will report directly to Dan Sink, EVP and CFO.

$JCP {{ '2018-01-04T20:55:35+0000' | timeago}} • Announcement

$JCP said its combined nine-week period ending Dec. 30, 2017 comparable store sales increased 3.4% over the same period a year ago. The company also reaffirmed all components of its most recent full-year financial guidance for FY17.

$LB {{ '2018-01-04T13:46:06+0000' | timeago}} • Announcement

Lingerie retailer $LB said its sales rose 3% YoY to $2.5Bil in the five weeks ended December 30, 2017, Comparable sales grew 1% during the period. L Brands also narrowed the earnings guidance range for the fourth quarter to about $2 per share from $1.95-$2.10 per share it had estimated earlier.

$JCP {{ '2018-01-04T13:08:05+0000' | timeago}} • Announcement

Apparel retailer $JCP has reported a 3.4% annual growth in comparable store sales during the nine-week period ended December 30, 2017. Encouraged by the strong performance, J.C. Penny reaffirmed all components of its most recent financial guidance for fiscal 2017.

$KR {{ '2017-12-15T18:09:34+0000' | timeago}} • Announcement

$KR introduced its Prep Pared Meal Kits to new markets. Prep Pared Meal Kit ingredients are fresh, seasonal, prepped and measured to precisely provide customers with only what is needed for each recipe so there is no waste. The kits feed two adults and range in price from $14 to $20.

$KR {{ '2017-12-15T18:08:25+0000' | timeago}} • Announcement

$KR said it has added its Prep Pared Meal Kits to four new divisions: Central, Columbus, Fry's and Nashville, joining Cincinnati, Louisville and Ralphs. The company will continue expansion in 2018 to redefine grocery customer experience.

$SCHL {{ '2017-12-14T12:23:27+0000' | timeago}} • Announcement

"We are on track to achieve our fiscal year 2018 goals when revenues and profits were expected to be lower after last year's best-selling new Harry Potter releases," $SCHL announced as affirmed the FY18 outlook in total revenue of $1.65-1.70Bil and EPS from continuing operations in the range of $1.20-1.30 excluding one-time items.

$SCHL {{ '2017-12-14T12:22:09+0000' | timeago}} • Announcement

The lack of bestselling Harry Potter releases this year hit $SCHL, as the children's book publisher saw revenue slip 4% to $598.3MM, generating a 16% dip in net income of $57.1MM or $1.63 per diluted share for 2Q18.

$SCHL {{ '2017-12-13T18:18:28+0000' | timeago}} • Announcement

$SCHL's BoD declared a 3Q18 cash dividend of $0.15 per share on its class A and common stock. The dividend is payable on March 15, 2018 to all shareholders of record as of the close of business on Jan. 31, 2018.

$KR {{ '2017-12-13T14:15:58+0000' | timeago}} • Announcement

$KR and International Brotherhood of Teamsters announced the ratification of a new labor agreement that provides for $KR's withdrawal from the Central States Pension Fund. The new labor agreement covers associates represented by the IBT at three distribution centers and two dairy manufacturing facilities operated by Kroger.

$KR {{ '2017-12-12T17:03:31+0000' | timeago}} • Announcement

$KR said it is teaming up with Chase Pay, the digital engagement wallet from $JPM, to offer mobile payments starting with select retail markets and e-commerce programs in 2018. $KR's payment solutions are part of its Restock Kroger Plan, the strategy to create shareholder value by redefining how America eats.

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