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Easy Software says higher value claim dismissed

Friday, 21 Apr 2017 11:25am EDT

April 21 (Reuters) - Easy Software AG ::On 7 April, Higher Regional Court of Duesseldorf ruled in favour of Easy Software. However, higher value claim was dismissed because court of first instance held that claims asserted were time-barred.The resulting net effect from both judgments in EBITDA for the entire group in the business year 2016 is therefore 180 thousand euros ($192,582).

TXT e Solutions expects Q1 revenue at about EUR 18.0 million

Friday, 21 Apr 2017 09:52am EDT

April 21 (Reuters) - TXT e Solutions SpA ::Expects Q1 revenue of about EUR 18.0 million ($19.24 million) versus EUR 14.4 million a year ago.EBITDA is expected to show limited growth in first quarter, following major investments in research and development and in commercial segment during quarter.

Shanghai 2345 Network's Q1 net profit up 123.9 pct y/y

Friday, 21 Apr 2017 08:59am EDT

April 21 (Reuters) - Shanghai 2345 Network Holding Group Co Ltd <002195.SZ>:Says Q1 net profit up 123.9 percent y/y at 209.6 million yuan ($30.45 million).

Volaris group enters into agreement to acquire asset management software provider

Friday, 21 Apr 2017 08:54am EDT

April 21 (Reuters) - Constellation Software Inc :Volaris group, a Constellation Software Company, enters into agreement to acquire asset management software provider.

Rennova says Centers for Medicare concluded review of application for enrollment in medicare program

Friday, 21 Apr 2017 08:30am EDT

April 21 (Reuters) - Rennova Health Inc :Rennova- centers for medicare and medicaid services concluded review of application submitted by unit for enrollment in medicare program as hospital.Rennova health inc- cms has confirmed that it has issued a recommendation for approval to tennessee state agency and cms regional office.

Kingsoft says Kingsoft Entertainment agreed to sell Seasun shares

Friday, 21 Apr 2017 05:25am EDT

April 21 (Reuters) - Kingsoft Corp Ltd <3888.HK>::Unit, Westgame Holdings Limited, United Websoft Inc and Seasun entered into share purchase agreement.Image Frame Investment agreed to purchase 39.8 million Seasun shares, representing about 4.34% of total issued shares of Seasun.Deal at a consideration of US$62.6 million.As a result of proposed disposal, no gain or loss will be recognised in profit or loss by group.After closing, co's equity interest in Seasun will decrease from 71.99% to 67.65%,.Westgame, United Websoft, Xiaomi Ventures propose to sell about 4.14%, 0.03% and 1.39% of total issued shares respectively of Seasun.Apart from proposed disposal, Image Frame Investment also proposed to acquire Seasun shares from other shareholders of Seasun.Westgame, United Websoft and Xiaomi Ventures to sell about 4.14%, 0.03% and 1.39% of Seasun shares respectively, for about US$80 million in total.After transactions, Image Frame Investment, a unit of tencent, will hold about 9.90% of total issued shares of Seasun.

Ahsay Backup Software Development expects increase in qtrly net loss

Friday, 21 Apr 2017 05:05am EDT

April 21 (Reuters) - Ahsay Backup Software Development Co Ltd <8290.HK>::Consolidated net loss for three months ended 31 march 2017 is expected to increase significantly.Expected result due to costs and new expenditure incurred on information sharing platform.

Wedia FY net profit group share up by 49 pct to 291,891 euros

Friday, 21 Apr 2017 02:43am EDT

April 21 (Reuters) - Wedia SA ::FY revenue EUR 7.1 million ($7.6 million) versus EUR 5.6 million year ago.FY operating profit EUR 0.6 versus EUR 0.4 million year ago.FY net profit group share EUR 291,891 versus EUR 196,003 year ago.Proposes FY dividend of EUR 0.12 per share.

Marvelous to set up new wholly owned unit in May

Friday, 21 Apr 2017 02:36am EDT

April 21 (Reuters) - Marvelous Inc <7844.T>: :* Says it will set up a new wholly owned unit, which will be engaged in the planning, development and producing of game software for family use, online game and film contents in Tokyo, Japan .* The new unit will be capitalized at 10 million yen in all .* Effective date May 9 .

CHIeru buys VERSION2 for 1,860 yen

Friday, 21 Apr 2017 02:10am EDT

April 21(Reuters) - CHIeru Co Ltd <3933.T>:Says it bought 93 percent stake in VERSION2 for 1,860 yen on April 21 and it is now holding 100 percent stake in VERSION2.


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