Industrial Conglomerates

Equation Corp Ltd announces disposal of entire 40 pct interest in joint venture

Equation Corp Ltd:Company has on Oct. 13 disposed of its entire 200,000 ordinary shares in share capital of Tengah GreenTech Pte. Ltd. (TGT) to Tengah Engineering & Hardware Pte. Ltd. (TEH).Says for cash consideration of S$200,000.TEH is an existing shareholder of TGT.Accordingly, TGT ceased to be...

Friday, 24 Oct 2014 05:32am EDT

Kawasaki Heavy Industries Ltd revises consolidated mid-year outlook for FY 2015

Kawasaki Heavy Industries Ltd:Says the company lowered the consolidated mid-year outlook for revenue to 633,400 million yen from 650,000 million yen for FY ending March 2015.Operating profit forecast increased to 23,100 million yen from 22,000 million yen.Ordinary profit forecast increased to 25,900...

Thursday, 23 Oct 2014 11:00pm EDT

3M Co narrows FY 2014 guidance to a range in line with analysts' estimates

3M Co:Now expects FY 2014 earnings in the range of $7.40 to $7.50 per share versus a prior expectation of $7.30 to $7.55.FY 2014 EPS of $7.46 - Thomson Reuters I/B/E/S.

Thursday, 23 Oct 2014 07:33am EDT

Hitachi Ltd raises consolidated mid-year outlook for FY 2015

Hitachi Ltd:Says the company increased the consolidated mid-year outlook for revenue to 4,490,000 million yen from 4,450,000 million yen for FY ending March 2015.Operating profit forecast increased to 214,000 million yen from 185,000 million yen.Net profit (before tax) forecast increased to 209,000...

Thursday, 23 Oct 2014 06:30am EDT

Wartsila Oyj Abp slightly raises FY 2014 financial guidance

Wartsila Oyj Abp:Expects operating profit margin for FY 2014 to be in the range of 11.5 to 12.0 percent.Expects sales growth in FY 2014 of around 5 percent.Says previous outlook for FY 2014 operating profit margin was of around 11.5 percent.Says previous outlook for FY 2014 sales growth was of...

Thursday, 23 Oct 2014 01:30am EDT

Sime Darby Bhd announces striking off of Sime Darby Property (Orange Grove) Pte. Ltd.

Sime Darby Bhd:Says striking off of Sime Darby Property (Orange Grove) Pte. Ltd indirect wholly-owned subsidiary.On Oct. 20 received notification from Accounting and Corporate Regulatory Authority of Singapor that subsidiary has been struck off from register of ACRA on Oct. 17 pursuant to an...

Wednesday, 22 Oct 2014 08:00pm EDT

Sime Darby Bhd announces members’ voluntary liquidation of Pulau Carey Properties Sdn Bhd

Sime Darby Bhd:Says Pulau Carey Properties Sdn Bhd (PCSB), an indirect wholly-owned subsidiary of Sime Darby, which was placed under members’ voluntary liquidation on April 30 was dissolved on Oct. 22.

Wednesday, 22 Oct 2014 08:00pm EDT

Aktsionernaya Finansovaya Korporatsiya Sistema OAO invests in Concept Group

Aktsionernaya Finansovaya Korporatsiya Sistema OAO:Says that it has completed the purchase of a 40 percent stake for a total consideration of about 1 billion Russian rubles in a holding company that owns Concept Group.In accordance with the terms of the signed documentation, Sistema has an option to...

Wednesday, 22 Oct 2014 04:15am EDT

Illinois Tool Works Inc raises FY 2014 EPS guidance and gives Q4 2014 guidance

Illinois Tool Works Inc:Raises FY 2014 EPS guidance range to $4.57-$4.65 from $4.50-$4.62.Expects Q4 2014 EPS to be in a range of $1.07-$1.15, on 2 to 3 pct organic revenue growth.Expects Q4 2014 total revenue growth to be flat due to currency translation effects.FY 2014 EPS of $4.58 - Thomson...

Tuesday, 21 Oct 2014 08:01am EDT

Carlisle Companies Inc reaffims FY 2014 outlook

Carlisle Companies Inc:Says it continue to plan for high single-digit percentage sales growth for FY 2014 as well as higher EBIT and EBIT margin expansion.Reported revenue of $2.943 bln in FY 2013.FY 2014 revenue of $3.172 bln, EBIT of $419.58 mln - Thomson Reuters I/B/E/S.

Tuesday, 21 Oct 2014 06:00am EDT

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