$WPG (WP GLIMCHER Inc.)

$WPG {{ '2016-08-31T11:14:06+0000' | timeago}} • Announcement

Retail REIT $WPG said its Board has appointed Sheryl von Blucher as a director effective immediately, filling a vacancy on the Board created by the retirement of Marvin White at conclusion of company's Annual Shareholders Meeting held on Aug. 30. Ms. von Blucher will serve on the Audit Committee with a term expiring in 2017.

$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.

$KIM {{ '2017-07-19T16:27:25+0000' | timeago}} • Announcement

$KIM signed a lease with Cinepolis USA to bring their Luxury Cinema concept to Kentlands Market Square in Gaithersburg, Maryland. Cinepolis Luxury Cinemas-Gaithersburg, anticipated to open in 2019, marks Cinepolis USA's debut into Maryland and adds to the brand's existing list of 16 movie houses in the U.S.

$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.

$NFLX {{ '2017-07-18T15:45:32+0000' | timeago}} • Webcast

$NFLX intends to continue with the existing model of providing content on its own network, rather than using other platforms. The company will maintain its competitive pricing, despite adding premium contents like HD, to ensure affordability for consumers. Netflix expects to leverage its intensive marketing strategy to grow further globally.

$NFLX {{ '2017-07-18T15:07:21+0000' | timeago}} • Webcast

$NFLX said the innovative content slate continues to help it expand membership base globally. Currently, the focus is on producing local content for the international audience, especially in Latin America and Europe. The company is investing more in Asia as it sees a huge opportunity in the region in the next couple of years.

$NFLX {{ '2017-07-17T21:58:03+0000' | timeago}} • Infographic

$NFLX Netflix Earnings AlphaGraphics: Q2 2017 highlights

$NFLX {{ '2017-07-17T21:05:27+0000' | timeago}} • Announcement

$NFLX saw its streaming revenue growing 35.8% annually to $2.67Bil in 2Q17. Domestic streaming revenue jumped 24% to $1.51Bil, and international steaming revenue surged 53% to $1.17Bil.

$NFLX {{ '2017-07-17T20:47:15+0000' | timeago}} • Announcement

$NFLX sees its strong membership growth continuing in 3Q17, and expects to add 0.75MM US members. International net adds for 3Q17 is forecast at 3.65MM. The company expects positive international contribution to profit in the full fiscal 2017. Operating margin is expected to be 7.1% in 2017, and is forecast to grow further in 2018 and beyond.

$NFLX {{ '2017-07-17T20:38:41+0000' | timeago}} • Announcement

Video streaming service $NFLX posted a 60% growth in 2Q17 profit to $66MM as streaming membership grew more than expected. EPS moved up to $0.15 from $0.09 last year, and total revenues climbed 32.3%YoY to 2.79Bil. Netflix also crossed the milestone of 100MM members and registered more international members than domestic members during the quarter.

$NNN {{ '2017-07-14T16:20:06+0000' | timeago}} • Announcement

The BoD of $NNN declared a quarterly dividend of $0.475 per share payable August 15, 2017 to common shareholders of record on July 31, 2017.

$KIM {{ '2017-07-12T15:14:26+0000' | timeago}} • Announcement

$KIM has signed a lease with $TGT for a 48,000-square-foot, small-format store at Westmont Plaza in Haddon Township, New Jersey, set to open in July 2018. The addition of Target is the first step in a larger repositioning of the 173,000-square-foot, open-air center. The store will also offer a CVS Pharmacy and Target’s Order Pickup service.

$KIM {{ '2017-07-10T20:55:25+0000' | timeago}} • Announcement

$KIM announced the post-2Q17 acquisition of Jantzen Beach in Oregon for $131.8MM. For 2Q17, $KIM acquired a parcel adjacent to its Augusta Exchange shopping center in Augusta, Georgia, for a gross purchase price of $700,000. $KIM disposed of interests in nine shopping centers and two land parcels for a gross sales price of $155.8MM in 2Q17.

$KIM {{ '2017-07-10T20:45:53+0000' | timeago}} • Announcement

$KIM announced the post-second quarter acquisition of Jantzen Beach, a 96%-occupied, 746,000-square-foot, open-air shopping center on 67 acres in Portland, Oregon, for $131.8MM.

$NNN {{ '2017-06-29T20:33:57+0000' | timeago}} • Announcement

$NNN said its portfolio occupancy rate stands at about 99%. The company has set an acquisition guidance for 2017 of $500-600MM. $NNN is also on track to dispose of about $100MM in assets in 2017. $NNN owns 2,500 single-tenant, broadly diversified retail properties across the US, with an average value of about $2.8MM.

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