$GK (G&K Services Inc.)

$GK {{ '2016-02-05T13:43:07+0000' | timeago}} • Announcement

$GK, which provides branded uniform and facility services, said its BoD has declared a quarterly dividend of $0.37 per share. The dividend will be payable on March 18, to shareholders of record on March 3.

$GWW {{ '2017-07-26T17:21:48+0000' | timeago}} • Announcement

The BoD of $GWW declared a cash dividend of $1.28 per share, payable on Sept 1, 2017, to shareholders as on Aug 14, 2017.

$TISI {{ '2017-07-26T15:39:10+0000' | timeago}} • Announcement

$TISI in a private offering agreed to sell to initial purchasers $200MM principal amount of its 5% convertible senior notes due 2023. The offering size was increased by $25MM from the earlier offering size of $175MM. $TISI also granted the initial purchasers an option to purchase up to an additional $30MM principal amount of the notes.

$AMZN {{ '2017-07-26T14:40:47+0000' | timeago}} • Announcement

$AMZN will hold Amazon Jobs Day events at its fulfillment centers in the following locations, Baltimore, Maryland; Chattanooga, Tennessee; Etna, Ohio; Fall River, Massachusetts; Hebron, Kentucky; Kenosha, Wisconsin; Kent, Washington; Robbinsville, New Jersey; Romeoville, Illinois and Whitestown, Indiana on August 2, 2017.

$AMZN {{ '2017-07-26T14:40:31+0000' | timeago}} • Announcement

$AMZN said it has more than 50,000 roles available to fill across its US fulfillment network. The company is opening up 10 of its fulfillment centers on August 2 for its first Jobs Day with tours and information sessions. $AMZN plans to make thousands of on-the-spot job offers to qualified candidates who apply on-site as part of Amazon Jobs Day.

$GWW {{ '2017-07-25T21:44:58+0000' | timeago}} • Announcement

$GWW has appointed Beatriz R. Perez, SVP & Chief Public Affairs, Communications and Sustainability Officer of $KO, to its Board of Directors.

$TWX {{ '2017-07-25T21:35:00+0000' | timeago}} • Announcement

In the midst of still expecting the pending acquisition of $TWX to close by year-end, $T reported a rise in 2Q17 earnings driven by lower operating expenses. Net income rose to $3.9Bil or $0.63 per share from $3.4Bil or $0.55 per share last year. Revenue slid 1.7% to $39.8Bil on declines in legacy wireline services and consumer mobility.

$MCD {{ '2017-07-25T16:40:13+0000' | timeago}} • Webcast

$MCD commented that the $AMZN-$WFM deal announcement demonstrates the disruptive and fast-paced nature of the business world. $MCD continues to challenge itself and is committed to remain competitive on value. $MCD believes deliveries are a good example of how the industry is responding to rapidly-changing consumer expectations.

$ROL {{ '2017-07-25T16:02:44+0000' | timeago}} • Announcement

$ROL entered into a definitive purchase agreement with Northwest Exterminating Co. to buy its pest control business. This will be a cash purchase, and the transaction is expected to close in early August. This is $ROL's largest acquisition since it acquired HomeTeam Pest Defense in 2008.

$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.

$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.

$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.

$TWX {{ '2017-07-17T11:48:48+0000' | timeago}} • Announcement

$TWX's shareholders approved merger with $T. The company continues to expect the transaction to close before year-end 2017, with regulatory review of the deal underway.

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