$OFC (Corporate Office Properties Trust)

$OFC {{ '2016-08-25T20:54:32+0000' | timeago}} • Announcement

The Board of Trustees of $OFC declared quarterly dividends for its Series K and Series L preferred shares of $0.70 and $0.4609, respectively, for the period commencing July 15, 2016, and ending October 14, 2016. The dividend is payable on October 17, 2016, to shareholders of record on September 30, 2016.

$AMT {{ '2017-07-27T17:32:27+0000' | timeago}} • Infographic

$AMT American Tower Corporation Earnings AlphaGraphic: Q2 2017 Highlights

$AMT {{ '2017-07-27T16:58:03+0000' | timeago}} • Announcement

For FY17, $AMT expects total property revenue to be $6.48-6.58Bil, with a midpoint growth rate of 14.3%. Net income was $1.35-1.40Bil with a midpoint growth rate of 42.2%. Consolidated AFFO is expected to be $2.83-2.88Bil, with a midpoint growth rate of 14.8%.

$AMT {{ '2017-07-27T16:53:22+0000' | timeago}} • Announcement

$AMT reported net income of $344MM in 2Q17, up 114% compared to 2Q16. Diluted EPS grew 116.2% to $0.80 per share. Total revenue increased 15.3% to $1.66Bil versus last year. AFFO attributable to common stockholders rose 19.4% to $681MM and AFFO per share grew 18.8% to $1.58 during 2Q17.

$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.

$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.

$HST {{ '2017-07-18T20:44:30+0000' | timeago}} • Announcement

$HST announced the appointment of A. William Stein to the company’s BoD. Mr. Stein has also been appointed to serve on the Audit Committee, effective August 15, 2017. Mr. Stein is the CEO of Digital Realty Trust, Inc.

$KRC {{ '2017-07-05T20:40:21+0000' | timeago}} • Announcement

$KRC has appointed Eliott Trencher as SVP, Corporate Strategy. Mr. Trencher joins $KRC from Cohen & Steers Capital Management.

$EQR {{ '2017-06-21T20:57:18+0000' | timeago}} • Announcement

$EQR announced that Bruce C. Strohm, EVP and General Counsel, will retire from the company effective January 1, 2018. He will be succeeded by Scott J. Fenster, currently SVP – Legal.

$CUZ {{ '2017-06-19T20:34:34+0000' | timeago}} • Announcement

$CUZ announced that its Board of Directors has declared a cash dividend of $0.06 per common share for 2Q17. The dividend will be payable July 13, 2017, to common shareholders of record on July 3, 2017.

$EQR {{ '2017-06-15T20:36:28+0000' | timeago}} • Announcement

$EQR declared a regular dividend of $0.50375 per common share for 2Q17 payable on July 14, 2017 to shareholders of record on June 26, 2017. A quarterly dividend of $1.03625 per share will be paid on June 30, 2017 to shareholders of record on June 19, 2017 of the company’s Series K Preferred Shares.

$KRC {{ '2017-06-15T20:34:38+0000' | timeago}} • Announcement

$KRC appointed Steve Rosetta as CIO. Rosetta joins Kilroy Realty from Cushman & Wakefield, where he most recently served as VP, and a member of The Global Advisory Board.

$CUZ {{ '2017-06-15T20:30:12+0000' | timeago}} • Announcement

$CUZ completed the disposition of American Cancer Society Center, a 996,000 sq. ft. office asset in downtown Atlanta, for a gross price of $166MM. This transaction was included in the company's previously provided 2017 disposition activity range of $300-325MM. With this transaction, $CUZ has now completed approx. $316MM in dispositions during 2017.

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