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US Concrete's (USCR) CEO Bill Sandbrook on Q2 2017 Results - Earnings Call Transcript

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US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...

Why Data Center REIT CoreSite is Sector Royalty

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If you’re a regular reader of DCK Investor Edge , you know that investors who own data center REIT shares have seen better rewards year-to-date compared to more traditional commercial real estate asset classes like office, retail, apartments, net-lease, and healthcare. Data centers sit squarely at the intersection of real estate and technology, providing space, power, and access to networks and cloud service providers that attract coveted enterprise customers . When it comes to the various REIT sub-sectors, data centers sit squarely at the top, while the broader real estate sector is treading water, down 0.6 percent. Data centers as a sub-sector are chalking up another year of outperformance, following similar gains in 2016. Source: Seeking Alpha – Hoya Capital Real Estate Aug. 18, 2017 Many investors rely on mutual funds and ETFs which own a broad basket of all the REITs. However, this can lead to being overweight on large- cap mall REITs , sho...

August hotel openings, renovations, brand updates

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Waldorf Astoria Beverly Hills recently opened ." width="580" height="326" /> The Waldorf Astoria Beverly Hills recently opened .  (Photo: Waldorf Astoria Hotels & Resorts)   The U.S hotel industry reported positive year -over-year results in three key areas during the last week of July. Occupancy rates were up 0.3% to 77.4%. The average daily rate reached $132.21, an increase of 1.2% over the same week last year. And revenue per available room was up 1.5% to $102.39. That’s all based on the latest data from research firm STR for the week of July 23 to July 29. Hoteliers moved into August feeling optimistic , with a slate of new openings, renovations and other updates. First new Waldorf Astoria on the West Coast opens The iconic Waldorf Astoria New York may be closed for renovations for the next few years, but the luxury brand has moved to the West Coast. Waldorf Astoria Hotels & Resorts, Hilton’s luxury brand, opened the Waldorf Astoria Beverly ...