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International Engineering says ministry of industry allows GIDEC to operate plant as usual

Monday, 6 Feb 2017 05:19am EST

International Engineering Pcl : "contamination in weather released from the GIDEC plant is within limit as permitted by law" . Songkhla Industrial Office under ministry of industry allows gidec to operate plant as usual with effective from feb 2 .refers to letter dated 25 nov 2016 from songkhla industrial office to GIDEC with order to stop operation of incinerator.

Bic Camera says merger of mobile communication equipment selling units

Tuesday, 1 Nov 2016 02:14am EDT

Bic Camera <3048.T>: Says its wholly owned subsidiary RANET Co.,Ltd. merged with another its Tokyo-based mobile communication equipment selling wholly owned subsidiary on Nov. 1 .Says RANET Co.,Ltd. is remained after merger.

Casino has no plans for delisting, restructuring of Grupo Exito

Wednesday, 22 Jun 2016 12:50pm EDT

Almacenes Exito SA :Said on Tuesday, in relation to media reports, Casino said has no intention to delist or restructure its public companies in Latin America, including Grupo Exito, CBD and Via Varejo , except for ongoing project involving e-commerce activities of Cnova and Via Varejo announced May 11.

Best Buy reports Q1 gaap earnings per share of $0.69

Tuesday, 24 May 2016 07:00am EDT

Best Buy Reports Better : Qtrly enterprise revenue $8,443 million versus $8,558 million last year . Qtrly domestic segment comparable sales essentially flat . For q2 fy17, our guidance is enterprise revenue in range of $8.35 billion to $8.45 billion . For q2 fy17, our guidance is enterprise and domestic comparable sales of approximately flat . Qtrly enterprise comparable sales fell 0.1 percent . Not raising full year outlook as q1 represents less than 15% of full year earnings . Expecting an approximate $0.03 net negative impact on q2 adjusted earnings per share from lapping of periodic profit sharing benefit from services plan portfolio . Expecting an approximate $0.06 negative impact from carryover of last september's services pricing investment on q2 adjusted earnings per share . Reaffirming previously provided full year financial outlook . Expecting slight declines in revenue in first half followed by growth in back half . In digital imaging, we are now expecting an approximate $0.03 to $0.04 negative impact for q2 due to april 2016 earthquake in japan . During q1 fy17, company made decisions to cease certain operations and restructure certain teams . As such, restructuring charges of $29 million were recorded primarily relating to asset impairments and severance in q1 . In q1 fy16, restructuring charges of $186 million were recorded primarily in relation to canadian brand consolidation . Than-Expected first quarter results.

Cnova contemplates reorganization of brazilian activities within Via Varejo

Thursday, 12 May 2016 12:59am EDT

Cnova Nv : Reg-Cnova n.v. : cnova n.v. Contemplates reorganization of its brazilian activities within via varejo . It has entered into a memorandum of understanding ("mou") with via varejo s.a. . Deal regarding a possible reorganization of its brazilian subsidiary, cnova brazil, within via varejo. . Cnova would receive 97 million of its own shares currently held by via varejo and cash consideration ranging from usd 32 million to usd 49 million . Via varejo would reimburse a debt currently owed by cnova brazil to cnova equivalent to approximately usd 127 million . Parties expect to reach a definitive agreement with respect to proposed transaction by beginning of q3 .Cnova's parent casino would make an offer to purchase outstanding ordinary shares of cnova from its public shareholders.

NIPPON TELEPHONE to dissolve wholly owned subsidiary in Hong Kong

Friday, 22 Apr 2016 02:30am EDT

NIPPON TELEPHONE INC:To dissolve its wholly owned subsidiary, HKNT CO., LIMITED, which has been engaged in the import and sales of used cell phone in Hong Kong, China.Effective date is to be determined.

Teknosa Ic ve Dis Ticaret AS to merge with its wholly owned unit Kliksa

Wednesday, 6 Apr 2016 11:30am EDT

Teknosa Ic ve Dis Ticaret AS:Says to merge with its wholly owned unit Kliksa ic ve Dis Ticaret AS through taking over Kliksa's all active and passive assets.

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