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U-NEXT to set up JV with Yamada-Denki

Tuesday, 17 Jan 2017 01:10am EST

U-NEXT Corp <9418.T> : Says it enters into agreement to set up a joint venture which will be mainly engaged in operation and provision of MVNO (Mobile Virtual Network Operator) services, jointly with Yamada-Denki Co Ltd <9831.T> in late-January .Says Co and Yamada-Denki will hold a 51 percent stake and a 49 percent stake in JV respectively.

GameStop reports 2016 holiday sales results

Friday, 13 Jan 2017 07:42am EST

GameStop Corp : GameStop Corp - Total global sales for holiday period were $2.50 billion, a 16.4% decline compared to 2015 holiday sales period . GameStop reports 2016 holiday sales results . GameStop Corp - Total comparable store sales decreased 18.7% for holiday period . Reiterating its previously announced Q4 and full-year 2016 earnings per share guidance of $2.23 to $2.38 and $3.65 to $3.80 . GameStop Corp - November's comp was significantly impacted by weak Call of Duty: Infinite Warfare and Titanfall 2 sales . GameStop Corp - "We are disappointed with our overall results, but looking broadly, we did see continued growth in our non-physical gaming businesses" . Intends to repurchase $75 million of stock in fiscal 2016 . GameStop Corp - Comparable store sales for Q4 are now expected to be in a range of down 18.0% to down 16.0% . GameStop Corp - November's comp was also significantly impacted by "aggressive console promotions on Thanksgiving Day and Black Friday" .Q4 earnings per share view $2.32 -- Thomson Reuters I/B/E/S.

YAMADA SXL HOME appoints Toshiaki Miyahara as new president

Wednesday, 11 Jan 2017 03:08am EST

YAMADA SXL HOME Co Ltd <1919.T> : Says it appoints Toshiaki Miyahara as new president to succeed Junichi Nagano who will retire .Change will occur on March 1.

Hhgregg sees Q3 2017 sales about $453 million

Monday, 9 Jan 2017 05:00pm EST

Hhgregg Inc : Hhgregg announces preliminary third fiscal quarter net sales . Sees Q3 2017 sales about $453 million . Hhgregg inc - for third fiscal quarter of 2017, company estimates net sales to be approximately $453 million . Hhgregg Inc - third fiscal quarter comparable store sales are estimated to have decreased approximately 22% . Hhgregg inc - expects to incur a non-cash charge for asset impairment of certain locations in quarter ended december 31, 2016 . Hhgregg Inc says expects impact of non-cash pre-tax charge to be in range of $7 million to $12 million and is currently finalizing that determination . Transition to a new distribution center had a temporary negative impact on sales for quarter . "during quarter, we were challenged by competitive pressures in market, specifically in consumer electronics" .Hhgregg inc - impairment charge is based on current trends in certain under-performing markets.

Telling Telecommunication Holding announces shareholding structure change

Tuesday, 3 Jan 2017 10:46pm EST

Telling Telecommunication Holding Co Ltd <000829.SZ> : Says 13.76 percent stake in co held by Shenzhen-based news development firm has been transferred to Shenzhen-based investment holding firm . The former shareholder Shenzhen-based news development firm is holding no stake in co .Shenzhen-based investment holding firm owns 13.76 percent stake in co at present as top shareholder of co.

Suning Commerce's unit to acquire courier services company

Monday, 2 Jan 2017 09:42pm EST

Suning Commerce Group Co Ltd <002024.SZ> :Says it logistics unit and related companies plan to acquire 100 percent stake in courier services company worth 4.25 billion yuan ($611.08 million).

International Engineering approve selling IEC’s total shares held in IEC MAE Ramat Co., Ltd

Wednesday, 21 Dec 2016 05:31am EST

International Engineering Pcl : Approve selling iec’s total shares held in IEC MAE Ramat Co., Ltd. Which is 99.99% in that iec will sell against cash .Cash receipt will be 477 million baht.

Savills sells Dixons Carphone's HQ office for 83.5 mln stg

Wednesday, 21 Dec 2016 05:26am EST

Savills Plc : Sale on behalf of Crosstree Real Estate Partners . Savills - has sold Dixons Carphone's headquarters office at 1 Portal Way in Acton, London W3 to Imperial College. Off-Market sale completed for 83.5 million stg .Sale representing a net initial yield of 4.68 pct assuming full costs.

Padaeng Industry signs SPA with International Engineering for an acquisition

Wednesday, 21 Dec 2016 01:41am EST

Padaeng Industry Pcl : deal for acquisition of 1 million common shares equivalent to 99.99% of total issued shares of IEC Mae Ramat Co by unit .entered into the sale and purchase agreement dated december 20, 2016 with the seller international engineering pcl.

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