$SSS (Sovran Self Storage Inc.)

$SSS {{ '2016-05-19T12:09:34+0000' | timeago}} • Announcement

$SSS said it expects the acquisition of LifeStorage to close in 3Q16. Upon completion of the acquisition, $SSS will own 84 LifeStorage stores with a purchase contract for 3 additional certificates of occupancy deals to be delivered late 2016 and early 2017.

$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.

$IRT {{ '2017-07-20T21:12:30+0000' | timeago}} • Announcement

$IRT plans to transfer the listing of its common stock to NYSE from the NYSE MKT. The company's common stock, which will continue to trade under "IRT" ticker, is expected to begin trading on NYSE effective July 31, 2017. The stock will continue to trade on the NYSE MKT until the transfer is complete.

$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.

$BRG {{ '2017-07-18T16:11:12+0000' | timeago}} • Announcement

$BRG's CEO Ramin Kamfar expects the company to be a net acquirer of properties in 2017. He said millennials are forming households at a rate of about 2MM a year. $BRG wants to be in geographic growth markets due to an 80% correlation between job growth and apartment demand. The avg. employment growth in $BRG’s markets is 3% per year.

$IRT {{ '2017-07-14T16:04:27+0000' | timeago}} • Announcement

$IRT declared monthly cash dividends for 3Q17 of $0.06 per common share per month. The dividends total $0.18 per share for 3Q17. The July dividend is payable on Aug. 15, 2017 with a record date of July 31. The Aug. dividend is payable on Sept. 15 with a record date of Aug. 31. The Sept. dividend is payable on Oct. 13 with a record date of Sept. 29.

$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.

$FSP {{ '2017-07-07T17:11:30+0000' | timeago}} • Announcement

Real estate investment trust $FSP has declared a regular quarterly dividend of $0.19 per share on its common. The dividend is payable on August 10, 2017, to stockholders of record as of July 21, 2017.

$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.

$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.

$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.

$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.

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