$STRA (Strayer Education Inc.)

$STRA {{ '2016-01-18T06:28:41+0000' | timeago}} • Announcement

Education company $STRA said it acquired the New York Code and Design Academy (NYCDA), a non-degree web and mobile app development course provider, on Jan. 13. NYCDA will operate as a wholly-owned subsidiary of $STRA and will keep its current headquarters and management team based in NY City. Financial terms of the deal were not disclosed.

$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.

$TISI {{ '2017-07-26T15:39:10+0000' | timeago}} • Announcement

$TISI in a private offering agreed to sell to initial purchasers $200MM principal amount of its 5% convertible senior notes due 2023. The offering size was increased by $25MM from the earlier offering size of $175MM. $TISI also granted the initial purchasers an option to purchase up to an additional $30MM principal amount of the notes.

$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.

$MAT {{ '2017-07-24T10:55:42+0000' | timeago}} • Announcement

$MAT announced the opening of its newest distribution center in Jonestown, Pennsylvania. $R will operate and staff the 1,000,200-square-foot facility. The distribution center is now fully operational, and up to 400 jobs will be generated in Lebanon County during peak season.

$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.

$R {{ '2017-07-14T20:44:47+0000' | timeago}} • Announcement

$R has declared a regular quarterly cash dividend of $0.46 per share on its common stock. The dividend is payable on September 15, 2017, to shareholders of record on August 21, 2017.

$FORR {{ '2017-07-12T18:55:03+0000' | timeago}} • Announcement

$FORR appointed Kelley Hippler as chief sales officer, effective immediately, replacing Mike Morhardt. Hippler will participate in $FORR's 2Q17 earnings conference call. $FORR expects to exceed or be at the high end of its revenue and earnings guidance for 2Q17.

$UNF {{ '2017-06-28T18:20:35+0000' | timeago}} • Webcast

$UNF expects 4Q17 revenue to be more similar to last year, which is causing some of that sequential decline. $UNF said the direct sales related to the Arrow acquisition in 3Q won't be at the same levels in 4Q. Also there is always some sequential drop-off in some of its core business seasonality wise, the company said.

$UNF {{ '2017-06-28T18:14:19+0000' | timeago}} • Webcast

$UNF's revenues for specialty garment segment for 3Q17 increased 24% to $29.9MM from last year, on planned increases and reactor outages and other products in its U.S. and Canadian nuclear operations. $UNF said this segment's results can vary significantly due to seasonality and the timing of nuclear reactor outages and projects.

$UNF {{ '2017-06-28T18:11:03+0000' | timeago}} • Webcast

$UNF's core laundry operations, which make up 90% of its total business, reported revenues for 3Q17 at $367.1MM, up 10.8% from last year. During 3Q17, $UNF benefited from improved ad over-reductions compared to a year ago, as well as a positive price environment and increased collections on merchandize recovery charges.

$UNF {{ '2017-06-28T12:23:24+0000' | timeago}} • Announcement

$UNF lifted FY17 revenue outlook to $1.573-1.58Bil from $1.55-1.565Bil. This is based on the stronger than expected top line results to date. The company still expects full year 2017 EPS of $4.85-5.00. This earning guidance includes the impact of $5.4MM of additional stock compensation expense.

$UNF {{ '2017-06-28T12:18:28+0000' | timeago}} • Announcement

$UNF reported a drop in 3Q17 earnings due to higher costs and expenses as well as inclusion of the effect of its acquisition of Arrow Uniform. Net income fell to $24.36MM or $1.19 per share from $30.14MM or $1.49 per share last year. Revenue grew 11.4% to $409.83MM. Excluding effect of accelerated vesting, adjusted EPS declined 8.1% to $1.36.

$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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