Recreational Products

Shenzhen China Bicycle Co (Holdings) Ltd Updates Bankruptcy Reorganization Process

Shenzhen China Bicycle Co (Holdings) Ltd announced that it has received a judgment from Intermediate People's Court of Shenzhen, according to which a total claim of RMB 1,663,681,044.97 to 48 companies was confirmed.

Wednesday, 31 Jul 2013 08:00pm EDT

Zhonglu Co Ltd to Invest in Technology Companies

Zhonglu Co Ltd announced that it will invest into a software company and four technology companies with an amount of 20% of the capitalization of the five companies, or RMB 15 million, RMB 12 million, RMB 5 million, RMB 2.4 million and RMB 2 million respectively.

Wednesday, 31 Jul 2013 08:00pm EDT

Allied Specialty Vehicles Announces Acquisition Of Bus Business From Thor Industries Inc

Allied Specialty Vehicles (ASV) announced that it has entered a definitive agreement to acquire the bus business of Thor Industries Inc. for $100 million in cash, subject to closing adjustments. The transaction is subject to customary closing conditions and is expected to be completed by November 1,...

Wednesday, 31 Jul 2013 04:50pm EDT

Shutterfly Inc Raises FY 2013 Revenue, EPS, EBITDA Outlook; Narrows FY 2013 EBIT Outlook; Issues Q3 2013 Outlook; Revenue, EPS Outlook Below Estimates; EBIT Outlook Above Analysts' Estimates

Shutterfly Inc announced that for third quarter of 2013, it expects net revenues to range from $115.5 million to $117.5 million, GAAP operating loss to range from ($41.0) million to ($43.0) million, Non-GAAP operating loss to range from ($18.0) million to ($20.0) million, GAAP net loss per diluted...

Wednesday, 31 Jul 2013 04:02pm EDT

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