Edition:
United States

Business Support Services

Page 1

Mega Expo Holdings announces FY revenue of HK$102.9 mln

Friday, 22 Sep 2017 10:43am EDT

Sept 22 (Reuters) - Mega Expo Holdings Ltd <1360.HK>:FY revenue HK$102.9 million versus HK$160.3 million.FY loss for year HK$ 39.3 million versus loss HK$ 68.7 million.

Cardtronics Plc says Competition and markets authority approves co's acquisition of DirectCash Payments Inc. UK operations

Friday, 22 Sep 2017 09:38am EDT

Sept 22 (Reuters) - Cardtronics PLC :Competition and markets authority approves Cardtronics’ acquisition of DirectCash Payments Inc. UK operations.Cardtronics PLC - Cardtronics will now begin working through process of combining existing UK operations of Cardtronics and Dcpayments.

Gremz to sell unit gremz ventures for 0 yen

Friday, 22 Sep 2017 03:44am EDT

Sept 22 (Reuters) - Gremz Inc <3150.T>:* Says it will sell all shares of unit gremz ventures, Inc for 0 yen, to AllMovieJapan ., LTD., effective Oct. 1 .

Generation Pass updates investment in two firms

Friday, 22 Sep 2017 12:47am EDT

Sept 22 (Reuters) - Generation Pass Co Ltd <3195.T>:* Says it increased voting power in a Hiroshima-based bedding and interior products firm ACT INTERIOR to 70 percent from 0 percent, on Sept. 22.* Says it increased voting power in ITEA Inc to 50.3 percent from 0 percent, on Sept. 22.* The previous plan was disclosed on Sept. 15.

Hi Sun Technology China says Nanchang Sxf obtains Jiangxi Province Small Loan Company Operation Permit

Thursday, 21 Sep 2017 09:06am EDT

Sept 21 (Reuters) - Hi Sun Technology China Ltd <0818.HK>:Nanchang sxf has obtained jiangxi province small loan company operation permit.

Unifirst Corp expects to recognize an impairment of capitalized costs as part of its ongoing CRM systems project

Thursday, 21 Sep 2017 08:00am EDT

Sept 21 (Reuters) - Unifirst Corp :Unifirst Corp - expects to recognize an impairment of capitalized costs as part of its ongoing CRM systems project.Unifirst-Co expects non-cash charge related to impairment will be between $50 million and $60 million and recognized in its results for Q4 ended Aug. 26, 2017.Unifirst Corp - after tax impact of the charge is expected to be between $31 million and $37 million.

Capita says search for permanent CEO "really well advanced"

Thursday, 21 Sep 2017 04:49am EDT

Sept 21 (Reuters) - Capita's :Interim ceo nick greatorex says search for permanent ceo "really well advanced".Business development manager says sees no reason why it can't maintain its current contract win rate.

Capita says trading in line, hunt for new CEO continues

Thursday, 21 Sep 2017 02:00am EDT

Sept 21 (Reuters) - Capita Plc :Cost initiatives on track to realise around £57m savings by end of 2018.2017 h1 financial summary: trading broadly in line with expectations.Underlying revenue declined by 3%. Growth on a like for like basis(1) was 1% including 0.5% organic decline.Underlying profit before tax(1) up 46% to £195m (h1 2016: £134m).Underlying revenue declined by 3%..Underlying profit before tax(1) up 46% to £195m.Underlying pre-tax profits before significant new contracts and restructuring to rise modestly in second half.Maintained interim dividend of 11.1p (h1 2016: 11.1p).Leverage at end of 2017 around bottom of our 2.0 to 2.5 times range.Net debt at end june 2017 of £1,596m (h1 2016 £1,901m).Remain confident that actions we commenced last year are making capita a simpler business.Major contract win rate 1 in 2 (2016: 1 in 3).Bid pipeline £3.1bn (march 2017: £3.8bn), with a weighted average contract length of 5.5 years (march 2017: 7 years). Annual value of bids maintained..Underlying pre-tax profits before significant new contracts and restructuring to rise modestly in second half, compared to first half of 2017.We remain confident that actions we commenced last year are making capita a simpler business, well positioned for future.Board is pleased with progress in our search process for a new ceo.Some of our trading businesses which are not improving as quickly as expected.Expect leverage to fall to around bottom of our 2.0 to 2.5 times range at end of 2017..

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary