$DRII (Diamond Resorts International, Inc.)

$DRII {{ '2016-06-29T22:14:30+0000' | timeago}} • Announcement

$DRII said the all-cash offer represents a premium of about 26% over the company's closing share price on June 28, 2016. The company added that the financing is being provided by Barclays, Royal Bank of Canada, and Jefferies. PSP Investments Credit USA LLC is also providing debt financing commitments.

$IBM {{ '2017-07-21T17:53:42+0000' | timeago}} • Announcement

$IBM and University of Alberta published new data in Nature's partner journal Schizophrenia, exhibiting that machine learning algorithms helped predict schizophrenia with 74% accuracy. The technology predicted the severity of some symptoms in schizophrenia patients with significant correlation.

$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.

$IBM {{ '2017-07-19T19:00:41+0000' | timeago}} • Webcast

$IBM expects improved revenue and gross margin performance in 2H17, pushed by its new IBM z systems mainframe servers launch in 2Q17. However, the company expects most of the growth to happen in 4Q17.

$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.

$IBM {{ '2017-07-18T23:42:39+0000' | timeago}} • Announcement

$IBM maintained its FY17 EPS and cash flow expectations. The company continues to expect adjusted diluted EPS of at least $13.80 and GAAP diluted EPS of at least $11.95. Free cash flow is expected to be relatively flat year-to-year.

$IBM {{ '2017-07-18T23:35:37+0000' | timeago}} • Announcement

Big Blue $IBM reported 21st consecutive quarter of revenue decline, with 2Q17 earnings declining 7%. The decline was driven by all segments reporting a decline in revenue YoY. Net income was $2.3Bil or $2.48 per share in 2Q17, down from $2.5Bil or $2.61 per share a year ago. Revenue declined 4.7% to $19.3Bil.

$IBM {{ '2017-07-18T21:07:52+0000' | timeago}} • Infographic

$IBM International Business Machines Earnings AlphaGraphic: Q2 2017 Highlights

$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.

$IBM {{ '2017-07-12T13:39:37+0000' | timeago}} • Announcement

$IBM announced the first IBM Watson-based services platform fully built on the IBM Cloud that augments human intelligence to help improve service provider operations via cognitive technologies and freeing up professionals to focus on driving higher value results.

$IBM {{ '2017-06-29T16:42:27+0000' | timeago}} • Announcement

$IBM announced the results of an IBM sponsored global study examining the impact of business continuity management (BCM) on the cost of a data breach. This results in a total average savings over that response time period of $394,922. The average total cost of data breach with BCM involvement was $3.35MM.

$MCS {{ '2017-06-28T13:48:13+0000' | timeago}} • Announcement

$MCS said its Marcus Hotels & Resorts division has promoted Mike Swasey to SVP of Operations. Joe Sebestyen has been named Area VP of Operations and Linda Price Topp has been promoted to VP of Sales.

$IBM {{ '2017-06-28T13:32:51+0000' | timeago}} • Announcement

$IBM has embarked on a collaborative development initiative with software company Lightbend to help advance the development of AI and cognitive solutions in the enterprise. The joint solutions will be designed to provide a complete toolchain for Java and Scala developers to build and deploy AI and cognitive applications.

Recent Transcripts

GWW (W.W. Grainger, Inc.)
Wednesday, July 19 2017 - 3:00pm
IBM (International Business Machines Corporation)
Tuesday, July 18 2017 - 9:00pm
ORCL (Oracle Corporation)
Wednesday, June 21 2017 - 9:00pm
TLRD (Tailored Brands, Inc.)
Wednesday, June 7 2017 - 9:00pm
BBY (Best Buy Co., Inc.)
Thursday, May 25 2017 - 12:00pm
DIS (The Walt Disney Company)
Tuesday, May 9 2017 - 8:30pm
MAR (Marriott International, Inc.)
Tuesday, May 9 2017 - 2:00pm
RLH (Red Lion Hotels Corporation)
Monday, May 8 2017 - 9:00pm
ILG (Interval Leisure Group, Inc.)
Thursday, May 4 2017 - 8:30pm
G (Genpact Limited)
Thursday, May 4 2017 - 8:30pm
H (Hyatt Hotels Corporation)
Thursday, May 4 2017 - 3:30pm
VAC (Marriott Vacations Worldwide Corp.)
Thursday, May 4 2017 - 2:00pm
LQ (La Quinta Holdings Inc.)
Wednesday, May 3 2017 - 9:30pm
SHO (Sunstone Hotel Investors Inc.)
Wednesday, May 3 2017 - 4:00pm
GOOD (Gladstone Commercial Corp.)
Wednesday, May 3 2017 - 12:30pm
PSA (Public Storage)
Thursday, April 27 2017 - 6:00pm
ORLY (O'Reilly Automotive Inc.)
Thursday, April 27 2017 - 3:00pm
MCS (The Marcus Corporation)
Thursday, April 27 2017 - 3:00pm
MGM (MGM Resorts International)
Thursday, April 27 2017 - 3:00pm
SPG (Simon Property Group Inc.)
Thursday, April 27 2017 - 2:00pm

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