HannStar Board <5469.TW>: Says it plans to merge its three Chongqing-based enterprise real estate management wholly owned subsidiaries into one .Says the merger record date is Jan. 1, 2017.
Intel Corp : Revenue is expected to be $15.7 billion, plus or minus $500 million in the fourth quarter . GAAP gross margin in the fourth quarter is expected to be 61 percent, plus or minus a couple of points . Sees Q4 non-GAAP revenue $15.7 billion, plus or minus $500 million . Sees Q4 non-GAAP gross margin percentage 63 percent, plus or minus a couple percent points . Sees Q4 non-GAAP research and development plus MG&A spending about $5.2 billion . Approximately $1.8 billion restructuring and other charges have been realized to-date, with $250 million expected in the fourth quarter . Total restructuring, other charges expected to be $2.3 billion, with majority of remaining charges to be realized between now and middle of 2017 . Sees full-year 2016 capital spending of $9.5 billion, plus or minus $500 million . FY2016 revenue view $58.65 billion -- Thomson Reuters I/B/E/S Source: http://bit.ly/2eeVLzW Further company coverage: [INTC.O] ((Bangalore.email@example.com;)).
Jabil Circuit Inc : Jabil posts fourth quarter & fiscal year 2016 results . Q4 revenue $4.4 billion versus I/B/E/S view $4.27 billion . Q4 earnings per share $0.20 . Q4 earnings per share view $0.25 -- Thomson Reuters I/B/E/S . Q4 core earnings per share $0.28 . Sees Q1 U.S. GAAP net diluted earnings per share $0.05 to $0.36 per diluted share . Sees Q1 core diluted earnings per share $0.54 to $0.74 per diluted share . Company estimates that realignment shall result in approximately $195 million in total charges over a two year period . Intention to realign company's global capacity and administrative support infrastructure . Sees Q1 net revenue $4.8 billion to $5.0 billion . Q4 core earnings per share $0.28 . It is currently estimated that $120 million to $150 million will be recorded in fiscal year 2017 and balance during fiscal year 2018 . Says Co estimates that cash component of these actions is $50 million of which $25 million will be incurred in fiscal year 2017 .Q1 earnings per share view $0.62, revenue view $4.88 billion -- Thomson Reuters I/B/E/S.
IC Plus Corp <8040.TWO>:Says it resolved to dissolve its unit BestCare.
Mitsui High-tec Inc <6966.T> : Says it plans to merge with its wholly owned Kitakyushu-based subsidiary, a lead frame maker, effective on Feb. 1, 2017 .Says the unit will be dissolved after the transaction.
Grinm Advanced Materials Co., Ltd.<600206.SS>:Says it plans to dissolve its HK-based electronic unit.
Optotech <2340.TW>:Says it will dissolve its Suzhou-based electronics subsidiary.
Jmicron Technology <4925.TWO>:Says it will dissolve a Shenzhen-based chip design wholly owned subsidiary.
Rogers Corp : Rogers corporation to relocate global headquarters to arizona . Roles in manufacturing and research and development positions in connecticut are not affected by relocation .Rogers' elastomeric materials solutions business segment, which is headquartered in rogers, connecticut, will remain there.
Nortech Systems Inc : Consolidation and restructuring costs are expected to become fully accretive once consolidation has been completed . Nortech systems to close facility in augusta, wisconsin . Says plans to close its manufacturing facility in augusta, wis., by end of 2016 .Consolidation, restructuring costs expected to be offset with savings and have minimal financial impact on co's 2016 results.