$MCS (The Marcus Corporation)

$MCS {{ '2016-02-16T12:21:49+0000' | timeago}} • Announcement

$MCS said it declared a regular quarterly cash dividend of $0.1125 per share, a 7.1% increase from the prior dividend rate of $0.105 per share. The first dividend at the new rate will be paid March 15, 2016 to shareholders of record on February 26, 2016.

$CHTR {{ '2017-07-28T22:12:23+0000' | timeago}} • Announcement

In June, $CHTR completed the rollout of Spectrum brand across the existing Time Warner Cable and Bright House residential markets. Charter also completed the switch to Spectrum brand for SMBs in July. Charter’s wireless venture continue to move forward as it plans to launch a wireless service as an MVNO on $VZ network in 2018 alongside Comcast.

$CHTR {{ '2017-07-28T21:58:24+0000' | timeago}} • Announcement

Charter is now the second-biggest cable company in US behind Comcast. The company now serves about 26.8MM residence and SMB businesses. $CHTR's customer base grew by about 211,000 in 2Q. Cable operator lost 90,000 residential pay TV subscribers vs. 152,000 loss in 2Q16, or 100,000 on a pro forma basis. In 1Q17, Charter had recorded a 100,000 drop.

$CHTR {{ '2017-07-28T21:41:47+0000' | timeago}} • Announcement

Cable operator $CHTR reported 44% drop in profits of $139MM from $248MM gain in 2Q16. Profits slumped due to pension curtailment gains in 2Q16 and D&A cost increase in 1Q17. Revenue grew 3.9%, on a pro forma basis, to $10.36Bil, aided by growth in Internet subscribers. Charter closed Time Warner Cable and Bright House Networks deal in 2016.

$CHTR {{ '2017-07-28T19:24:33+0000' | timeago}} • Infographic

$CHTR Charter Communications Earnings AlphaGraphic: Q2 2017 Highlights

$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.

$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.

$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.

$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.

$CHTR {{ '2017-07-07T12:12:31+0000' | timeago}} • Announcement

Communications firm $CHTR said its units Charter Communications Operating and Charter Communications Operating Capital closed on $1.5Bil in aggregate principal amount of notes. The notes include $1Bil in aggregate principal amount of senior secured notes due Feb. 2028, and $500MM in aggregate principal amount of senior secured notes due May 2047.

$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.

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