$SSS (Sovran Self Storage Inc.)

$SSS {{ '2016-01-26T07:31:08+0000' | timeago}} • Announcement

$SSS said it received about $269.7MM in proceeds after deducting underwriting discounts and commissions and expenses related to the offering. Company will use the proceeds to fund part of its pending property acquisitions and to repay debt outstanding on unsecured line of credit that it incurred due to property acquisitions.

$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.

$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.

$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.

$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.

$O {{ '2017-07-11T22:24:33+0000' | timeago}} • Announcement

$O declared a monthly dividend of $0.2115 per common share, representing an annualized amount of $2.538 per share, payable on August 15, 2017 to shareholders of record as of August 1, 2017. The ex-dividend date for August's dividend is July 28, 2017.

$GTY {{ '2017-07-11T12:16:27+0000' | timeago}} • Announcement

$GTY priced its underwritten registered public offering of 4.1MM common shares at $23.15 per share. The company granted the underwriters a 30-day option to buy up to an additional 615,000 common shares. The net proceeds from offering is expected to be about $90.6MM. The closing is expected to occur on or about July 14, 2017.

$GTY {{ '2017-07-10T22:30:50+0000' | timeago}} • Announcement

$GTY announced an acquisition lease-back transaction with a US subsidiary of Applegreen PLC. $GTY through a subsidiary, will acquire interests in 38 fee simple and four leasehold properties for $70.1MM and simultaneously enter into a unitary lease with Applegreen covering all of the properties. The transaction is expected to close before 4Q17-end.

$ADC {{ '2017-07-10T11:02:20+0000' | timeago}} • Announcement

$ADC said Matthew Partridge has resigned as CFO and Secretary to accept a position with a privately-held real estate development company. The resignation will take effect after a transition period, which is expected to end on or around Aug. 4, 2017. Kenneth Howe, former CFO, has been appointed to serve as interim CFO upon Partridge's departure.

$TWX {{ '2017-06-30T19:22:35+0000' | timeago}} • Announcement

$TWX has declared a regular quarterly cash dividend of $0.4025 per share. The dividend is payable on August 1, 2017, to shareholders of record as of July 10, 2017. Consistent with its merger agreement with $T, Time Warner has aligned the timing of its dividend with that of AT&T’s dividend.

$GTY {{ '2017-06-27T15:24:38+0000' | timeago}} • Announcement

$GTY to acquire 49 convenience store and gasoline station properties for $123MM. The transaction is expected to close before the end of 3Q17. Upon closing, $GTY expects the transaction to be immediately accretive to net earnings and plans to fund the transaction through funds available under its credit agreement.

$TWX {{ '2017-06-23T16:12:00+0000' | timeago}} • Announcement

$TWX said Warner Bros. Interactive Entertainment has launched WB Games New York, a service provider of online features and web-based communities for the company’s video games. WB Games New York builds cloud-based gaming backend technology, which allows developers to quickly add online features to their games on almost any platform.

$ADC {{ '2017-06-20T17:23:43+0000' | timeago}} • Announcement

$ADC recently lifted its 2017 acquisition guidance to $250-275MM from $200-225MM, as the investment activity landscape looks robust. The company said it is seeing a function of opportunities across its acquisition platform.

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Tuesday, July 25 2017 - 2:00pm
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