Acces Industrie SA :H1 revenue 25.5 million euros ($27.98 million) versus 24.3 million euros year ago.
King Force Group Holdings Ltd <8315.HK>: Gp-profit alert <8315.HK> . Group is expected to record increase in net profit for 3 months ended 30 June 2016 .Expected result due to manned security guarding services contract with high margin was entered during three months ended 30 June.
Hogg Robinson Group Plc : Traded in line with our expectations from April 1 2016 to date . In relation to any EU referendum effect, there has been an initial softening in activity; too early to assess any longer-term impact . Will deliver a full-year performance in-line with market expectations . For three months to June 30, revenue up 2 pct, 3 pct lower at constant currency versus prior year, client travel activity down 3 pct .Says earnings performance is not materially exposed to exchange rate movements.
Relia Inc <4708.T> : Says it plans to buy 100 percent stake in SPi CRM, Inc which is engaged in call center and back office business in Philippines . Says it plans to buy 99.64 percent stake in Infocom Technologies, Inc which is also engaged in call center and back office business in Philippines . Total transaction amount is 20,043 million yen .Transaction effective in the period from Sep. to Oct..
Aptech Ltd : Anil Pant has been appointed Managing Director & CEO with effect from November 03, 2016 .
Visa : Visa on operations in China - working through issues relating to national security reviews and encryption standards . Says "cross border commerce from oil and commodity based economies remain sluggish. This conference call is still in progress" . "in the short term currency weakness and reduced economic growth are factors" . Visa says post the brexit vote, currency volatilities reached levels co has not experienced in recent years . Visa says had co included visa europe results for nine days it owned visa europe in quarter, it would have added minimum $12 million to net income . Visa says longer term impact of brexit on visa europe's business is too early to determine . Visa says immediate impact of brexit vote on visa europe has been on exchange rates . Assuming exchange rates stay where they are and no major economic dislocations due to brexit, expect visa europe earnings to offset interest costs from debt in q4 . Visa europe is expected to add 2% to 3% to eps accretion in fiscal year 2017 . Current tax structure results in high reported or book tax rate for visa europe's earnings, which will add 1 percentage point to tax rate in 2017 . Visa europe has over $2 billion of cash on balance sheet; based on discussions with regulator in uk, will leave cash within visa europe legal entity . Current plan is to issue at least $2 billion in debt before the end of this calendar year.
Bestway International Holdings Ltd <0718.HK>: Bestway, the subscriber and Hua Lien entered into the subscription agreement . The net proceeds of the subscription will amount to approximately HK$584 million . Subscriber to subscribe for, and Hua Lien to allot and issue, 3.70 billion subscription shares at HK$0.16 per subscription share . Hua Lien and the placing agent also entered into the placing agreement . Application has been made by Bestway for resumption of trading in Bestway shares with effect from 9:00 a.m. on 22 July . Placees to subscribe for 800 million placing shares at the placing price of HK$0.16 per placing share . Application made by Hua Lien for resumption of trading in Hua Lien shares respectively with effect from 9:00 a.m. on 22 July 2016 . The net proceeds of the placing will amount to approximately HK$123 million ."Hua Lien proposes to increase the authorised share capital of Hua Lien to HK$2 billion".
Paypal Holdings Inc : Paypal will not encourage Visa cardholders to link to a bank account via ach . Says agreement affords Paypal certain economic incentives, including visa incentives for increased volume . Paypal will join visa digital enablement program (VDEP) to expand point of sale acceptance . Paypal and visa enter partnership to extend consumer payment choice . Visa digital card images will be incorporated into payment flows . Companies working collaboratively to accelerate adoption of safe, reliable and convenient digital payments for consumers and merchants .Paypal will also support and work with issuers to identify consumers who choose to migrate existing ach payment flows to their visa cards.
Visa Inc : Did not include Visa Europe's financial results from June 21, 2016 through june 30, 2016 . Visa inc says total processed transactions for three months ended June 30, 2016, were 19.8 billion, a 10% increase over prior year . Payments volume growth, on a constant dollar basis, for three months ended June 30, 2016, was 10% over prior year at $1.3 trillion . Sees Fy Gaap Annual Diluted Class A Common Stock Earnings Per Share Of Negative Low Single-Digit constant dollar EPS growth . Visa inc sees fy 2016 annual net revenue growth, GAAP and adjusted, 7% to 8% on a constant dollar basis, excluding. Europe . Visa inc. Reports fiscal third quarter 2016 results and announces a new $5.0 billion share repurchase program . Q3 adjusted earnings per share $0.69 excluding items . Q3 revenue $3.6 billion versus i/b/e/s view $3.65 billion . Q3 earnings per share view $0.66 -- Thomson Reuters I/B/E/S . Q3 gaap earnings per share $0.17 including items . Half of year results" . Did not include dilutive impact of shares of series B,C convertible participating preferred stock in calculation of earnings per share . Visa inc says fiscal q3 2016 service revenues were $1.6 billion, an increase of 6% over prior year . Cross-Border volume growth, on a constant dollar basis, was 5% for three months ended june 30, 2016 . Digit constant dollar eps growth . Visa inc sees fy 2016 client incentives as percent of gross revenue around 18.5 percent.
Co-Operative Bank Plc : Proposed acquisition of Vocalink Holdings Ltd . Bank's share of proceeds upon completion will be a mix of about 25.1 mln stg cash and an earn-out consideration of up to 3.2 mln stg .Says pre-completion, approximately 22.7 mln stg will therefore be recognised through available-for-sale reserve in other comprehensive income in H1 2016.