Heavy Machinery & Vehicles

CNH Industrial NV announces signing of 1.75 bln Euros five year committed revolving credit facility

CNH Industrial NV:Says it signed a 1.75 bln Euros five year committed revolving credit facility, intended for general corporate purposes of the company.Says the facility will replace an existing three year 2 bln Euros facility due to mature in Feb. 2016.

Friday, 21 Nov 2014 06:12am EST

MORITA HOLDINGS CORP to sell property and expects extraordinary loss for Q3 of FY 2015

MORITA HOLDINGS CORP:To sell a business office and a plant located in Osaka and Tokyo, for 1,542 million yen.Effective date Aug. 31, 2015.Expects to record 567 million loss on sales of property as extraordinary loss for the third quarter of the fiscal year ending March 2015.

Friday, 21 Nov 2014 01:00am EST

Torre Industries Ltd concludes agreement to acquire Elephant Lifting Equipment Proprietary Limited

Torre Industries Ltd:Says it has concluded an agreement to acquire 100 pct of the issued ordinary share capital of Elephant Lifting Equipment Proprietary Limited for a maximum consideration of 180,000,000 Rand with effect from Jan. 01, 2015.Says the purchase consideration will be settled via...

Thursday, 20 Nov 2014 08:00am EST

Volvo AB receives statement of objections from the European Commission

Volvo AB:Says receives statement of objections from the european commission regarding on-going antitrust investigation.Says statement of objections does not prejudice final outcome of commission proceedings.Says is evaluating implications of statement of objections.Says is cooperating fully with...

Thursday, 20 Nov 2014 06:30am EST

YAMABIKO CORP to acquire shares of Belrobotics SA

YAMABIKO CORP:To acquire 64,615 shares (52.01 pct voting rights) of Belrobotics SA, which is engaged in production and sale of automatic lawn mower, for about 687 mln yen on Nov. 28.To hold 52.01 pct voting rights in Belrobotics SA after transaction.

Thursday, 20 Nov 2014 01:00am EST

Structural Systems Ltd gives H1 2015 net profit before tax outlook

Structural Systems Ltd:Expects H1 2015 net profit before tax is in range of $2.0 million to $2.5 million.

Tuesday, 18 Nov 2014 08:31pm EST

Cargotec confirms financial targets for 2016

Cargotec Oyj:Confirms financial targets for 2016.Says target for 2016 operating profit (EBIT) margin exceeding 8 pct.Target for 2016 is return on capital employed (ROCE pre-tax) exceeding 13 pct.Target for 2016 gearing below 50 pct.Target for 2016 is dividend 30-50 pct of EPS.

Tuesday, 18 Nov 2014 01:30am EST

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