$GLNG (Golar LNG Ltd.)

$GLNG {{ '2016-07-25T14:24:30+0000' | timeago}} • Announcement

$GLNG said it will form a joint venture with $SLB to develop low cost gas reserves to LNG. $GLNG and $SLB will have 51/49 ownership of the joint venture. The companies said they also agreed an initial investment commitment to cover the estimated equity needed to develop the first project.

$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.

$TDW {{ '2017-07-13T20:55:51+0000' | timeago}} • Announcement

$TDW said the United States Bankruptcy Court for the District of Delaware has confirmed its ‘second amended joint pre-packaged Chapter-11 plan of reorganization.’ The company expects the court to issue a written confirmation order on the matter within a few days.

$ADBE {{ '2017-06-20T21:48:17+0000' | timeago}} • Webcast

$ADBE expects its revenue and EPS to grow sequentially from 3Q17 to 4Q17. Major customer wins in 2Q17 included $BBY, $CSCO, $MS and $VZ. In Experience Cloud business, mobile data transactions grew to 57% of total Adobe Analytics transactions in the recently ended quarter.

$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.

$TDW {{ '2017-06-13T10:59:22+0000' | timeago}} • Announcement

$TDW reported a wider net loss in 4Q17, hurt by asset impairment charges. Net loss widened to $94.86MM or $2.01 per share from $81.79MM or $1.74 per share in 4Q16. Revenues dropped 12.7% to $160.75MM. Tidewater said it is awaiting the court’s approval to implement its pre-packaged restructuring plan, under a bankruptcy petition.

$BBY {{ '2017-05-25T12:45:59+0000' | timeago}} • Webcast

$BBY's Enterprise revenue increased 1% to $8.5Bil in 1Q18. The increase in Enterprise adjusted diluted EPS was driven by higher gross profit rate in the domestic business, the flowthrough of higher domestic revenue and a $0.02 per share benefit from the net share count change.

$BBY {{ '2017-05-25T12:32:45+0000' | timeago}} • Webcast

In 1Q18, $BBY achieved $50MM in annual cost reductions and gross profit optimization. The company has now reached its $400MM target three fiscal quarters ahead of its original deadline. $BBY is announcing a new target of $600MM in additional cost reduction and gross profit optimization to be completed by the end of FY21.

$BBY {{ '2017-05-25T12:19:55+0000' | timeago}} • Webcast

During 1Q18, $BBY grew Enterprise comparable sales by 1.6%, improved adjusted operating income rate by 70BP to 3.5% and delivered adjusted diluted EPS of $0.60, up 40% compared to 1Q17. Revenue was higher than expectations due to strong performance in gaming and better-than-expected results in mobile.

$BBY {{ '2017-05-25T12:05:52+0000' | timeago}} • Announcement

$BBY now expects FY18 Enterprise revenue to grow 2.5%. "We are expecting full year non-GAAP operating income growth of 3.5% to 8.5% versus our original guidance of 1% to 3% growth," said Best Buy CFO Corie Barry.

$BBY {{ '2017-05-25T12:02:35+0000' | timeago}} • Announcement

$BBY now sees 2Q18 Enterprise revenue of $8.6-8.7Bil, with an Enterprise comparable sales change of 1.5-2.5%. Domestic comparable sales change is expected in the range of 1.5% to 2.5%, while that of International is touted to be flat to 3.0%. The retail chain expects non-GAAP diluted EPS of $0.57 to $0.623 in the coming quarter.

$BBY {{ '2017-05-25T11:59:33+0000' | timeago}} • Announcement

Domestic revenue of $BBY rose 1.1% to $7.9Bil in 1Q18, while International revenue inched 0.3% up to $616MM. During the quarter, BestBuy returned $478MM to shareholders through share repurchases and dividends.

$BBY {{ '2017-05-25T11:57:45+0000' | timeago}} • Infographic

$BBY Best Buy Inc. Earnings AlphaGraphics: Q1 2018 highlights

$BBY {{ '2017-05-25T11:54:12+0000' | timeago}} • Announcement

Revenue of $BBY inched 1% up to $8.5Bil in 1Q18, as the retail chain's net earnings from continuing operations slid to $188MM from last year's $226MM. Earnings from continuing operations fell to $0.60 per diluted share from $0.69 a share, with cost of goods sold jumping to $6.5Bil from $6.3Bil.

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