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Zhejiang Runtu's share trade to resume after scrapping restructuring plan

Wednesday, 11 Jan 2017 04:52am EST

Zhejiang Runtu Co Ltd <002440.SZ> :Says its share trade to resume on Jan 12 after scrapping asset restructuring plan.

HB Fuller approves organizational restructuring plan

Friday, 9 Dec 2016 05:00pm EST

Hb Fuller Co : On December 7, 2016, co approved a restructuring plan related to organizational changes and other actions . HB Fuller Co says plan will be implemented beginning in Q1 of fiscal year 2017 and is currently expected to be completed by mid-year of fiscal 2018 . Hb Fuller Co says approximately $15 million to $16 million ($12 million to $13 million after-tax) of costs are expected to be cash costs . Hb Fuller Co - expects to incur costs of approximately $17 million to $20 million as part of restructuring plan .Hb Fuller - restructuring costs will be spread across next several quarters as measures are implemented with majority of costs occurring in fiscal 2017.

Nanjing Chemical Fibre to dissolve sales branch in Nanjing

Monday, 7 Nov 2016 10:35pm EST

Nanjing Chemical Fibre Co Ltd <600889.SS> :Says it plans to dissolve its sales branch in Nanjing.

Omnova Solutions sees $14 mln to $17 mln in expected annual operating savings

Thursday, 6 Oct 2016 09:00am EDT

Omnova Solutions Inc :Sees $14 million to $17 million in expected annual operating savings in 2017 from restructuring activities - SEC filing.

Zhejiang Transfar to dissolve building materials unit

Wednesday, 10 Aug 2016 01:30am EDT

Zhejiang Transfar Co Ltd <002010.SZ>: Says it plans to dissolve Hangzhou-based unit, which is engaged in building materials business .Says the co is holding 75 percent in the unit.

Ferro reports Q2 adj. earnings $0.34/shr from continuing operations

Wednesday, 27 Jul 2016 04:15pm EDT

Ferro Corp : Ferro reports increased earnings for second quarter 2016 driven by higher sales and gross profit margins . Q2 adjusted earnings per share $0.34 from continuing operations . Q2 earnings per share $0.29 from continuing operations . Q2 sales $298 million versus I/B/E/S view $304 million . Raises FY 2016 adjusted earnings per share view to $1.00 to $1.05 . Q2 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . Approved new stock repurchase program to repurchase up to an additional $25 million of company's outstanding common stock . Sees FY constant currency sales growth 10.5 pct - 11.5 pct . Sees FY consolidated gross profit margin 30.5 pct - 31.0 pct . Identified "efficiency optimization opportunities" that are expected to increase profitability by $20 - $30 million annually . Identified "efficiency optimization opportunities" expected to be over next three years .FY2016 earnings per share view $0.97, revenue view $1.14 billion -- Thomson Reuters I/B/E/S.

South Huiton scraps asset restructuring plan

Monday, 11 Jul 2016 05:56am EDT

South Huiton Co Ltd <000920.SZ> :Says it scraps asset restructuring plan, shares to resume trading on July 12.

Nihon Kagaku Sangyo to dissolve Thailand unit NEXAS ELECHEMIC CO LTD

Sunday, 3 Jul 2016 09:52pm EDT

Nihon Kagaku Sangyo Co Ltd <4094.T>:Says it resolved to dissolve a Thailand-based wholly owned unit NEXAS ELECHEMIC CO LTD on July 4.

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