Topps Tiles Plc : Revenues for 52 week period are expected to be in region of £215 million . Like-For-Like revenues are expected to show an increase of c.4.2 pct on prior year versus a rise of 5.4 pct in 2015 . Adjusted pre-tax profits for year ending 1 october 2016 are expected to be within range of current market estimates . Estimate previously announced strategic decision to exit low margin wood flooring during quarter cut Q4 like-for-like sales by c.1.5 pct . "This impact will reduce over Q1 FY2017 as sales from our new range of larger format tiles build." .Like-For-Like revenues in 13 weeks ended 1 October 2016 were ahead by 1.4 pct.
Kernwood Limited : Now hold 1.1 million shares of PFB Corp, or about 16.63% of total outstanding shares .Kernwood Limited announces acquisition of 40,000 common shares of PFB corporation.
Bolina Holding : Discussion with respect to potential equity investment in company . Confirms that in discussion with zhangzhou jiulongjiang , zhangzhou investment and other two state-owned enterprises of zhangzhou government .Clarifies negotiation of possible sale of shares of Xiao Zhiyong is part of potential equity investment transaction with Jiulongjiang, Zhangzhou Investment.
Koninklijke Philips Nv : Announces early tender results of offer for certain outstanding notes . Approx. $285 million in aggregate principal amount of notes was validly tendered and not validly withdrawn at or before 5:00 p.m., New York City time, on Oct. 3 Further company coverage: [PHG.AS] (Gdynia Newsroom:) ((Gdynia.firstname.lastname@example.org; +48 58 772 09 20;)).
James Halstead : UK represents only about a third of business and doubts over economy in weeks after "Brexit" referendum seem to be lessening .Continue to have a large market share in UK but curbing of repair, renewal spending by NHS was noticeable in FY's first two months.
Globe Union Industrial <9934.TW>:Says its subsidiary Globe Union Industrial (BVI) Corp. will sell 100 percent stake in its Qingdao-based bathroom products subsidiary for 40 million yuan.
Assa Abloy Ab : BlackRock owns 5 pct stake in Assa Abloy - regulatory filing . Owns 55,641,168 shares Further company coverage: [ASSAb.ST] (Reporting by Stockholm Newsroom) ((email@example.com; +46-(0)8-700 10 17;)).
Kennede Electronics MFG. Co., Ltd.<002723.SZ>:Says the co plans to sell 51 percent stake in Shenzhen-based supply chain unit for 1.5 million yuan to an individual.
Looser Holding AG : Publication of an offer prospectus relating to the merger of Looser Holding AG with AFG Arbonia-Forster-Holding AG .Offer period for general public shareholders of Looser Holding AG is expected to start on Oct. 14, 2016 and to end on Nov. 10, 2016.
Fletcher Building Ltd : Says appointment of Bevan Mckenzie as CFO .Announced resignation of Gerry Bollman as chief financial officer.