$INN (Summit Hotel Properties, Inc.)

$INN {{ '2016-08-19T17:59:18+0000' | timeago}} • Announcement

$INN said it on Aug. 9 completed the previously announced acquisition of the 157-guestroom Marriott in Boulder, CO for a gross purchase price of $61.4 million and entered into a management agreement with Stonebridge Realty Advisors.

$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.

$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.

$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.

$INN {{ '2017-07-10T21:02:05+0000' | timeago}} • Announcement

$INN announced Hope Taitz has been appointed to the company's Board of Directors as an independent director.

$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.

$ADC {{ '2017-07-10T11:02:20+0000' | timeago}} • Announcement

$ADC said Matthew Partridge has resigned as CFO and Secretary to accept a position with a privately-held real estate development company. The resignation will take effect after a transition period, which is expected to end on or around Aug. 4, 2017. Kenneth Howe, former CFO, has been appointed to serve as interim CFO upon Partridge's departure.

$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.

$ADC {{ '2017-06-20T17:23:43+0000' | timeago}} • Announcement

$ADC recently lifted its 2017 acquisition guidance to $250-275MM from $200-225MM, as the investment activity landscape looks robust. The company said it is seeing a function of opportunities across its acquisition platform.

$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.

Recent Transcripts

ACC (American Campus Communities, Inc.)
Tuesday, July 25 2017 - 2:00pm
ADC (Agree Realty Corp.)
Tuesday, July 25 2017 - 1:00pm
GWW (W.W. Grainger, Inc.)
Wednesday, July 19 2017 - 3:00pm
ORM (Owens Realty Mortgage, Inc.)
Wednesday, May 10 2017 - 5:00pm
HCKT (The Hackett Group, Inc.)
Tuesday, May 9 2017 - 9:00pm
G (Genpact Limited)
Thursday, May 4 2017 - 8:30pm
FRT (Federal Realty Investment Trust)
Thursday, May 4 2017 - 3:00pm
CBL (CBL & Associates Properties Inc.)
Thursday, May 4 2017 - 3:00pm
INN (Summit Hotel Properties, Inc.)
Thursday, May 4 2017 - 1:00pm
GOOD (Gladstone Commercial Corp.)
Wednesday, May 3 2017 - 12:30pm
RHP (Ryman Hospitality Properties, Inc.)
Tuesday, May 2 2017 - 3:00pm
NNN (National Retail Properties, Inc.)
Tuesday, May 2 2017 - 2:30pm
MAC (The Macerich Company)
Friday, April 28 2017 - 5:30pm
TCO (Taubman Centers, Inc.)
Friday, April 28 2017 - 3:00pm
PSA (Public Storage)
Thursday, April 27 2017 - 6:00pm
ORLY (O'Reilly Automotive Inc.)
Thursday, April 27 2017 - 3:00pm
KIM (Kimco Realty Corporation)
Thursday, April 27 2017 - 2:00pm
SPG (Simon Property Group Inc.)
Thursday, April 27 2017 - 2:00pm
AGNC (American Capital Agency Corp.)
Thursday, April 27 2017 - 12:30pm
SIRI (Sirius XM Holdings Inc.)
Thursday, April 27 2017 - 12:00pm

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