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H&E Equipment reports Q4 earnings per share $0.35

Thursday, 23 Feb 2017 07:00am EST

H&E Equipment Services Inc : H&E Equipment Services reports fourth quarter 2016 results . Q4 earnings per share $0.35 . Q4 revenue $244.3 million versus I/B/E/S view $246.8 million . Q4 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . H&E Equipment Services Inc - "Customer sentiment was positive prior to election but it has improved further post-election according to many metrics" .H&E Equipment Services Inc - "Do believe new administration's pro-business position could accelerate construction spending in 2017".

JetPay Corp says bought back 2.2 mln shares of its common stock

Tuesday, 21 Feb 2017 09:00am EST

Jetpay Corp : JetPay Corp - has bought back 2.2 million shares of its common stock owned by Wles, L. P. . JetPay Corp - which wles had agreed to sell co's shares in connection with direct air matter . JetPay Corp - deal is an accretive transaction .JetPay Corp - transaction will reduce number of shares of common stock outstanding by 12.4 pct, from 17.8 million to 15.6 million.

B. Riley Financial to acquire FBR & CO in a transaction valued at $160.1 mln

Tuesday, 21 Feb 2017 08:00am EST

B. Riley Financial Inc : B. Riley Financial Inc - a transaction valued at $160.1 million . b. Riley financial to acquire FBR & co. To form dynamic financial services firm with unmatched capabilities . b. Riley financial inc says FBR shareholders to receive an anticipated $8.50 special dividend . b. Riley financial - richard hendrix, FBR's current chairman and ceo, will assume role of ceo of combined investment banking and brokerage business . FBR shareholders will receive .671 shares of b. Riley common stock . b. Riley financial inc says transaction has been approved by b. Riley financial's and FBR's boards of directors .FBR is required to deliver a minimum of $33.5 million of cash to b. Riley financial at closing.

Interserve more than doubles provisions for loss to 160 mln stg

Monday, 20 Feb 2017 02:00am EST

Interserve Plc : Concluded that exceptional provision of 70 mln stg announced in May 2016 no longer adequate to reflect incurred and anticipated losses associated with this business . Board has determined that it is appropriate to increase exceptional provision for exiting this market and associated contracts to 160 mln stg. . Expect to complete substantially construction and commissioning of projects during 2017, . Further cash outflows of c.60 mln stg are expected during 2017 as income statement charge is utilised. .Energy from waste update.

Huron to acquire growth strategy firm Innosight

Thursday, 16 Feb 2017 07:33pm EST

Huron Consulting Group Inc : Huron to acquire growth strategy firm Innosight . Huron Consulting Group Inc - Huron will purchase innosight holdings, llc for $100 million upon closing . Huron Consulting Group - cash component of transaction will be financed with cash on hand and borrowing under company's senior secured credit facility . Purchase price of $100 million is consisting of $90 million in cash and $10 million in huron common stock .Innosight will be included in business advisory segment.

Huron to acquire growth strategy firm Innosight

Thursday, 16 Feb 2017 06:15pm EST

Huron Consulting Group Inc : Huron to acquire growth strategy firm Innosight . Huron Consulting Group Inc - Huron will purchase innosight holdings, llc for $100 million upon closing . Huron Consulting Group - cash component of transaction will be financed with cash on hand and borrowing under company's senior secured credit facility . Purchase price of $100 million is consisting of $90 million in cash and $10 million in huron common stock .Innosight will be included in business advisory segment.

Charles River sees double-digit growth in net income, EPS for 2016

Thursday, 16 Feb 2017 08:05am EST

Cra International Inc - : Charles River Associates (CRA) announces preliminary fiscal 2016 performance metrics; postpones announcement of fourth-quarter fiscal 2016 financial results; to host conference call today to provide performance and business update . For fiscal 2016, CRA reaffirms its expectation to exceed high end of its previously announced constant currency revenue guidance . For full-year fiscal 2016, expects to report double-digit growth in net income, earnings per diluted share .For fiscal 2017, on constant currency basis relative to fiscal 2016, expects non-GAAP revenue in range of $350 million to $360 million.

Nippon Air Conditioning Service to merge unit

Tuesday, 14 Feb 2017 03:01am EST

Nippon Air Conditioning Service Co Ltd <4658.T>: Says it plans to merge its unit that engaged in general building facilities maintenance service business, on April 1 .Says the unit to be dissolved after merger.

Prosegur secures syndicated financing of 1.10 bln euros

Monday, 13 Feb 2017 06:08am EST

Prosegur Compania de Seguridad SA : Secures syndicated financing of 1.10 billion euros ($1.17 billion) to finance general business need and to guarantee funds for the development of its three lines of business . Participating entities: Abanca, Banco Popular, Banco Sabadell, Bankia, Bayern LB, Caixabank, Commerzbank, Deutsche Bank, ICBC, Kutxabank, Liberbank, Unicaja and Unicredit . Coordinators of the syndicated operation: Banco Santander and Citi Further company coverage: [PSG.MC] ($1 = 0.9404 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).

Brinks reports quarterly earnings per share $0.28

Wednesday, 8 Feb 2017 07:00am EST

Brinks Co - : Quarterly earnings per share $0.28 . Quarterly non gaap earnings per share $0.87 . Q4 gaap revenue $804 million versus $766 million last year . Q4 earnings per share view $0.72, revenue view $735.3 million -- Thomson Reuters I/B/E/S . 2017 adjusted ebitda is expected to be approximately $370 million to $380 million . Quarterly non-gaap revenue $768 million versus. $733 million last year . 2017 earnings growth of 17% to 21% to a range between $2.45 and $2.55 per share . 2017 guidance includes a projected negative impact of foreign exchange of $80 million on revenue, $15 million on operating profit and $.18 per share on earnings . FY2017 earnings per share view $2.52, revenue view $2.98 billion -- Thomson Reuters I/B/E/S . In Q4 of 2016, Brink's implemented restructuring actions at its operating and corporate levels . Sees 2017 revenue about $3,000 million . Restructuring activities are expected to result in $8 to $12 million in 2017 cost savings . Recognized asset-related adjustments of $16.3 million, severance costs of $7.2 million, as part of restructuring, reorganization . Sees 2017 gaap eps from continuing operations $2.05 – $2.15 per share .Sees 2017 non-gaap eps from continuing operations $2.45 – $2.55 per share.

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