Business Support - Supplies
ICRA Ltd Board Recommends Dividend
ICRA Ltd announced that the Board of Directors has recommended a dividend of INR22 per equity share of the face value of INR10 each for the financial year ended March 31, 2013. The dividend as recommended by the Board of Directors, if declared at the 22nd Annual General Meeting, will be paid/dividend warrants will be dispatched on August 12, 2013.
Eclerx Services Ltd Recommends Dividend
Eclerx Services Ltd announced that the Board of Directors of the Company at its meeting held on May 24, 2013, inter alia, has recommended the dividend of INR25.00 per equity share of INR10 each for the year 2012-13. The dividend, if approved by shareholders at the ensuing Annual General Meeting, will be paid on/after August 27, 2013.
Hannet Co., Ltd. Appoints New Co-CEO
Hannet Co., Ltd. announced that it has appointed Ahn Seok Beom as its new Co-Chief Executive Officer (Co-CEO), replacing Wang Mun Gyeong, effective May 24, 2013. The current Co-CEO, Kang Chang Gwi, continues his duty as Co-CEO at the Company.
Euroinvestor.com A/S Announces Chief Executive Officer Change
Euroinvestor.com A/S announced that its Chief Executive Officer (CEO), Mr. Jeff Saul, leaves the Company. Mr. Carsten Bach, Group Finance Director, has been appointed as Acting CEO until a permanent replacement is found.
Bankruptcy Court Confirms School Specialty Inc's Plan Of Reorganization
School Specialty Inc announced that the U.S. Bankruptcy Court for the District of Delaware entered an order confirming the Company's Second Amended Joint Plan of Reorganization (the Plan). School Specialty expects the Plan to become effective within the next two weeks. Under the Plan, School Specialty will reduce its total debt obligations by half and enable the Company to secure $320 million in new financing. Existing common stock will be extinguished under the Plan, and no distributions will be made to holders of the Company's current equity. New common stock with voting rights will be issued to the Company's current noteholders and Ad Hoc DIP lenders. School Specialty expects to continue to comply with public reporting requirements as designated by the U.S. Securities and Exchange Commission, although the new company does not expect initially to be listed on a stock exchange.
Xinhua Holdings Ltd Announces Changes of Chairman, CEO and CFO
Xinhua Holdings Ltd announced that it has appointed Mr. Lian Yih Hann to replace Mr. Wu Jiguang as Chairman of the Board, to replace Mr. Kung Yuen-Kao as Chief Executive Officer (CEO), to replace Mr. Wang Bin as Chief Financial Officer (CFO) of the Company, effective May 23, 2013.
Nitin Fire Protection Industries Ltd Recommends Dividend
Nitin Fire Protection Industries Ltd announced that the Board of Directors at its meeting held on May 23, 2013 has recommended dividend of INR0.20 (10%) for the year ended March 31, 2013.
China Distance Education Holdings Ltd Issues Q3 2013 Revenue Guidance In Line With Analysts' Estimates; Raises FY 2013 Revenue Guidance
China Distance Education Holdings Ltd announced that for the third quarter of 2013, the Company expects total net revenue from continuing operations in the range of $16.5-$17.2 million. For fiscal 2013, the Company is raising its guidance of total net revenue from continuing operations to a range of $65.1-$67.2 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $16.5 million for the third quarter of 2013 and revenue of $65.5 million for fiscal 2013.
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Sector Summary
| Energy |  -0.39% |
| Basic Materials | -0.25% |
| Industrials |  +0.03% |
| Cyclical Goods & Services | +0.06% |
| Non-Cyclical Goods & Services | +0.69% |
| Financials | -0.07% |
| Healthcare | +0.03% |
| Technology | -0.06% |
| Telecoms | -0.14% |
| Utilities | -0.23% |
| DOW | 15,303.10 | +8.60 |
+0.06% |
| S&P 500 | 1,649.60 | -0.91 |
-0.06% |
| NASDAQ | 3,459.14 | -0.27 |
-0.01% |
| TR US Index | 149.51 | -0.14 |
-0.09% |
Analyst Research
| Report Title | Price |
|---|---|
|
Provider: Edison Investment Research
|
$10.00
|
|
Provider: Edison Investment Research
|
$10.00
|
|
Provider: Edison Investment Research
|
$10.00
|
|
Provider: Bohai Securities Co.,Ltd.
|
$92.00
|
|
Provider: ICICI Direct
|
$10.00
|
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