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Nafais Holding Co KSCC announces chairman resignation

Thursday, 27 Nov 2014 04:50am EST

Nafais Holding Co KSCC:Announces that the company's chairman, Abdullah Adnan Al Wazzan, has resigned from his post.Says he was representing Wazzan Kuwaiti Trading and Contracting Co.

EFH Group, Inc announces management change - Form 8-K

Wednesday, 26 Nov 2014 05:16pm EST

EFH Group, Inc:Says Robert M. Copley, Jr. chief executive officer, president, treasurer and chairman, Danielle Abrahams, corporate secretary and director, and Robert M. Copley, Sr., Richard Harmon and Steven Rickett, directors of the registrant, submitted their resignation from all positions.Says resignation will be effective ten days after the mailing of the Information Statement to stockholders of the registrant or Dec. 6.Says on Nov. 25, 2014, Stanley H. Rumbough, Christopher Daniels, John Daniels and Craig Marshak were appointed as directors of the registrant.Says Rumbough shall serve as chairman and Daniels shall service as executive co-chairman.

Advtech Ltd announces acquisition of 100 pct of The Maravest Group

Wednesday, 26 Nov 2014 06:15am EST

Advtech Ltd:Says it has concluded comprehensive agreements for the acquisition of the Maravest Group.Says it will acquire 100 pct of the shares in and claims on loan account against Maravest (Pty) Ltd, Maramedia (Pty) Ltd, Shetland Investments (Pty) Ltd and Future Indefinite Investments 82 (Pty) Ltd (the Maravest Group).Says the aggregate equity purchase consideration payable for the acquisition of the Maravest Group is 450,000,000 Rand.Says it will settle the obligation in a combination of own cash and the issue of ADvTECH shares in a ratio still to be determined.Says the effective date of the acquisition is Jan. 01, 2015.

Loyalist Group Ltd to acquire Uhak.com in South Korean

Monday, 24 Nov 2014 09:01am EST

Loyalist Group Ltd:Has entered into definitive agreement to acquire all shares of Uhak.com.To pay $8.1 mln for Uhak, of which $5.3 mln will be paid in cash, subject to certain closing adjustments.And $2.8 mln will be paid through issuance of 5,384,615 Loyalist common shares at price of $0.52 per share, with $2.2 mln of such shares being held in escrow for period up to 24 months following closing as security for certain defined post-closing adjustments.Says parties expect to complete transaction on or around Dec. 5, 2014.

MiCo Ltd. to sell entire shares of Mico C&C

Monday, 24 Nov 2014 03:15am EST

MiCo Ltd:To sell its entire 8,750,000 shares of Mico C&C (target company), which is engaged in glass processing and manufacture business, to adjust financial structure.Transaction price of 5,818,750,000 won.Expected transaction settlement date of Nov. 24, 2016.To hold 0 pct stake in the target company, after the transaction.

DeVry Education Group appoints Christopher Begley as chair

Friday, 21 Nov 2014 12:00pm EST

DeVry Education Group:Says Christopher Begley has been appointed board chair of organization, effective immediately.Christopher Begley succeeds Connie Curran, who passed away Nov. 10.

Graham Holdings Co acquires Social Media Management Startup SocialNewsDesk

Wednesday, 19 Nov 2014 10:23am EST

Graham Holdings Co:Says Graham Media Group, division has acquired SocialNewsDesk.

K-Bro Linen announces increase to bought equity offering

Wednesday, 19 Nov 2014 09:23am EST

K-Bro Linen Inc:To increase its previously announced bought deal financing with a syndicate of underwriters led by TD Securities Inc. and including Laurentian Bank Securities Inc., National Bank Financial Inc., Scotiabank, Acumen Capital Finance Partners Ltd., Cormark Securities Inc. and Euro Pacific Canada Inc.Says undrewriters to now purchase 730,000 common shares on a bought deal basis at a price of $41.50 per Share to a syndicate of underwriters led by TD Securities Inc. for gross proceeds of $30,295,000.K-Bro has granted the syndicate an over-allotment option, exercisable for a period of 30 days following closing of the offering, to purchase up to an additional 109,500 Shares which, if exercised, would increase the gross offering size to $34,839,250, to cover over-allotments.Offering is expected to close on or about Dec. 9.Net proceeds from the offering will be used to repay indebtedness, fund development at K-Bro's Regina facility and for general corporate purposes.

Nord Anglia Education Inc gives FY 2015 net income and EPS outlook; revenue and EBITDA outlook below analysts' estimates

Wednesday, 19 Nov 2014 06:00am EST

Nord Anglia Education Inc:Expects FY 2015 overall revenue in the range of $545 - $555 mln (15-17 pct growth or 17-19 pct growth on a constant currency basis).Expects FY 2015 adjusted EBITDA in the range of $144 - $147 mln (13-15 pct growth).Expects FY 2015 adjusted Net Income in the range of $62 - $64 mln.Expects FY 2015 diluted adjusted earnings per share in the range of $0.63 - $0.65.FY 2015 revenue of $560 mln, EBITDA of $152 mln, net income of $64 mln, EPS of $0.65 - Thomson Reuters I/B/E/S.

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Analyst Research

Report Title Price
Provider: Renaissance Capital
$23.00
Provider: Hardman & Company
$0.00
Provider: Wall Street Transcript ,The
$50.00
Provider: Wright Reports
$75.00
Provider: Reuters Investment Profile
$20.00

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