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IG Group Holdings FY net trading revenue up 8 pct

Tuesday, 18 Jul 2017 02:00am EDT

July 18 (Reuters) - Ig Group Holdings Plc :Final dividend 22.88 pence per share.Total dividend up 3 percent to 32.3 pence per share.FY net trading revenue up 8 percent at GBP 491.1 million.FY operating expenses up 14 percent, reflecting continued investment in effective marketing.FY profit before tax up 3 percent to GBP 213.7 million; profit before tax margin 43.5 percent (FY16: 45.6 percent).FY new client numbers, defined as first trades, ahead of prior year by 38 percent; 15 percent in OTC leveraged business.IG is compliant with results of consultations from BAFIN and AMF.Year turned out to be one of least volatile in financial markets for decades- CEO.Group is planning for the UK's exit from the EU, and good progress is being made in securing regulatory approval for a subsidiary based in the EU.

ABM Industries to buy GCA Services for about $1.25 bln

Wednesday, 12 Jul 2017 06:30am EDT

July 12 (Reuters) - ABM Industries Inc -:ABM Industries to acquire GCA Services Group, a facility services leader in the education and commercial industries.ABM Industries to acquire GCA Services Group, a facility services leader in the education and commercial industries.Estimated cost synergies of approximately $20 million to $30 million.ABM Industries Inc - ‍estimated cost synergies of approximately $20 million to $30 million from deal​.ABM Industries Inc - deal for ‍approximately $1.25 billion in cash and stock​.ABM Industries Inc - deal increases annual revenues by approximately $1.1 billion and adjusted ebitda by approximately $100 million.ABM Industries Inc says abm plans to fund cash portion of purchase price and transaction expenses via its amended revolving credit facility.ABM Industries Inc - ‍to acquire GCA Services Group from affiliates of Thomas H. Lee Partners, L.P., Goldman Sachs merchant banking division for about $1.25 billion in cash and stock​.ABM Industries Inc says there are no changes to company's fiscal year outlook at this time.ABM Industries Inc - ABM expects to incur approximately $70 million in one-time, transaction, synergy, and integration-related costs.ABM Industries Inc - ‍under terms of agreement, abm will acquire gca for $851 million in cash and $399 million in shares of abm common stock​.ABM Industries Inc - ‍no changes to company's fiscal year outlook at this time​.

Equity financial holdings comments on B-20 draft guideline

Thursday, 6 Jul 2017 06:20pm EDT

July 6 (Reuters) - Equity Financial Holdings Inc ::Equity Financial Holdings comments on b-20 draft guideline.Equity Financial Holdings-c‍hanges proposed in draft guideline could have a negative impact on co's business volumes due to nature of its customer base​.Equity Financial Holdings Inc - are not currently in a position to exactly quantify possible impact from b-20 draft guideline.

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