Industrial Machinery & Equipment

T.N.C. Industrial changes general manager

T.N.C. Industrial Co Ltd:Changes general manager to Liu Zhongqi from Lin Hongxin, effective April 1.

2:23am EDT

NITTOKU ENGINEERING amends consolidated full-year outlook for FY 2015

NITTOKU ENGINEERING CO LTD:Says the company reaffirmed the consolidated full-year outlook for revenue at 20,500 million yen for FY ending March 2015.Confirms the operating profit forecast at 2,300 million yen.Confirms the ordinary profit forecast at 2,350 million yen.Net profit forecast increased to...

Tuesday, 31 Mar 2015 11:30pm EDT

TongLing Zonfa Trinity Technology to set up joint venture

TongLing Zonfa Trinity Technology Co Ltd:Says to invest 30 mln yuan to set up Shanghai-based investment fund joint venture, with a Shanghai-based investment management company.Joint venture with registered capital of 200 mln yuan and the company to hold 15 pct stake in it.

Tuesday, 31 Mar 2015 08:00pm EDT

Han’s Laser Technology Industry Group issues Q1 2015 net profit outlook

Han’s Laser Technology Industry Group Co., Ltd:Net profit for Q1 2015 to increase 120 pct to 150 pct, or to be 67,138,500 yuan to 76,293,800 yuan.Net profit of Q1 2014 was 30,517,500 yuan.Comments that order increase is the main reason for the forecast.

Tuesday, 31 Mar 2015 08:00pm EDT

Intelligent Systems announces sale of ChemFree Corporation Subsidiary

Intelligent Systems:Signs a Stock Purchase Agreement to sell its ChemFree Corporation subsidiary to CRC Industries, Inc., a privately held company, and simultaneously closed on the transaction as of the end of business March 31.Purchase price is about $21.6 mln cash subject to certain post-closing...

Tuesday, 31 Mar 2015 04:30pm EDT

Hexagon cuts 400 staff, takes EUR 36 million charge in Q1

Hexagon AB:Says announces actions to mitigate the negative impact of currency movements on the operating margin in support of long-term financial targets.Says program, which primarily targets lowering costs in Switzerland and US, will affect about 400 employees and is expected to drive cash cost...

Tuesday, 31 Mar 2015 07:00am EDT

TBI MOTION Technology announces FY 2014 dividend payment

TBI MOTION Technology Co Ltd:To use undistributed profits to pay cash dividend of T$0.50 per share to shareholders for fiscal year 2014.To pay cash dividend of T$42,639,000 in total.

Tuesday, 31 Mar 2015 05:31am EDT

Guangdong Yizumi Precision Machinery obtains high-tech enterprise recognition and to enjoy tax preference

Guangdong Yizumi Precision Machinery Co Ltd:The company was recognized as high-tech enterprise and to enjoy a tax preference rate of 15 pct for three years (2014-2016).

Tuesday, 31 Mar 2015 04:53am EDT

TB Group announces business and capital alliance of subsidiary with HIKARI TSUSHIN

TB Group Inc:Says wholly owned subsidiary (TOWA) to sign business and capital alliance of subsidiary with HIKARI TSUSHIN.TB Group to sell 11,838 shares of wholly owned subsidiary TOWA at price of 25,300 yen per share or 299,501,400 yen in total, to HIKARI TSUSHIN on March 31.Subsidiary TOWA to issue...

Tuesday, 31 Mar 2015 02:15am EDT

Homag Group AG gives FY 2015 net profit outlook in line with analysts' estimates; to propose FY 2014 dividend

Homag Group AG:Net profit for year 2015 to increase by around 70 pct.Aims to grow further and in particular significantly raise net profit for FY 2015.Anticipates an increase in net profit for FY 2015 to between 31 million euros and 33 million euros.To propose increase in dividend from 0.35 euros to...

Tuesday, 31 Mar 2015 02:01am EDT

Restructuring & Reorganization


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