Air Freight & Courier Services

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Air Transport Services Group Inc updates on FY 2015 EBITDA guidance

Tuesday, 5 May 2015 04:15pm EDT

Air Transport Services Group Inc:Projects that baseline adjusted EBITDA from continuing operations for FY 2015 will likely exceed preliminary forecast of $180 mln.

Eimskipafelag Islands acquires all shares in Seatours

Sunday, 3 May 2015 08:00pm EDT

Eimskipafelag Islands hf:Says has acquired all shares in Seatours (Saeferdir ehf.) in Stykkisholmur, Iceland.Acquisition is subject to approval of the Icelandic Competition Authority.Seatours offers sea-related tourist services and operates the boats Baldur and Saerun in Breidafjordur.Seatours total revenue in 2014 amounted to 560 million Icelandic crowns, corresponding to 3.6 million euros.

Ramba Energy Ltd proposes placement of 68 mln shares

Saturday, 2 May 2015 07:57am EDT

Ramba Energy Ltd:Says on April 30 entered into a shares placement agreement with Wing Harvest Ltd (Placee).RHB Securities Singapore Pte Ltd is the placement agent to the above transaction.The company has agreed to allot and issue 68 mln new shares at a placement price of S$0.27 for each share.

SANRITSU revises consolidated full-year outlook for FY 2015

Thursday, 30 Apr 2015 03:00am EDT

SANRITSU CORP:Says the company raised the consolidated full-year outlook for revenue to 17,830 million yen from 17,430 million yen for the fiscal year ended March 31, 2015.Sees a decrease of operating profit forecast to 565 million yen from 620 million yen.Sees a decrease of ordinary profit forecast to 385 million yen from 460 million yen.Sees a decrease of net profit forecast to 126 million yen from 220 million yen.Sees a decrease of earnings per share to 20.99 yen from 36.65 yen.Comments that decreased sales of medical equipment, as well as increased sales and administration expenses are the main reasons for the forecast.

SANRITSU to sell Hong Kong-based wholly owned subsidiary

Thursday, 30 Apr 2015 03:00am EDT

SANRITSU CORP:To sell 2,000,000 shares of wholly owned subsidiary, which is engaged in the package material business in Hong Kong, China, at the price of HK$ 2,846,000 in all, to T-Rise international co., ltd.Effective date May 6.After the transaction, the company will hold no stake in the subsidiary, down from 100 pct.

Echo Global Logistics Inc prices offering of 5,000,000 shares of common stock and upsized offering of $200,000,000 of convertible senior notes

Wednesday, 29 Apr 2015 11:18pm EDT

Echo Global Logistics Inc:Says pricing of 5,000,000 shares of its common stock at price of $29.00 per share and $200,000,000 aggregate principal amount of its 2.50 pct. convertible senior notes due 2020 in concurrent underwritten registered public offerings (collectively, the offerings).Notes offering was upsized from previously announced $150,000,000 aggregate principal amount of notes.Says in addition, the company has granted the underwriters 30-day options to purchase up to additional 750,000 shares of common stock and $30,000,000 aggregate principal amount of notes from the company, respectively.Notes will bear interest at a rate of 2.50 pct. per year, payable semiannually in arrears on May 1 and Nov. 1 of each year, beginning on Nov, 1, 2015.

Roadrunner Transportation Systems Inc gives Q2 2015 outlook, revenue outlook below analysts' estimates

Wednesday, 29 Apr 2015 04:09pm EDT

Roadrunner Transportation Systems Inc:Anticipate revenues for Q2 2015 to be in the range of $520 million to $545 million.Expects Q2 2015 diluted earnings per share available to common stockholders to be between $0.43 and $0.46.Q2 2015 revenues of $557 mln and EPS of $0.44 - Thomson Reuters I/B/E/S.

United Parcel Service Inc reaffirms FY 2015 EPS guidance

Tuesday, 28 Apr 2015 07:35am EDT

United Parcel Service Inc:Says it remains on plan to meet its guidance for FY 2015 diluted earnings per share of $5.05 to $5.30, a 6 pct-to-12 pct increase over FY 2014 adjusted results.FY 2015 EPS of $5.15 - Thomson Reuters I/B/E/S.

TOYO WHARF & WAREHOUSE lowers consolidated full-year outlook for FY 2015

Tuesday, 28 Apr 2015 02:30am EDT

TOYO WHARF & WAREHOUSE CO LTD:Says the company lowered the consolidated full-year outlook for revenue to 32,280 million yen from 32,800 million yen for the fiscal year ended March 31, 2015.Sees a decrease of operating profit forecast to 1,200 million yen from 1,400 million yen.Sees a decrease of ordinary profit forecast to 790 million yen from 1,300 million yen.Sees a decrease of net profit forecast to a loss of 170 million yen from 50 million yen.Sees a decrease of earnings per share to a loss of 2.21 yen from 0.65 yen.Comments that decreased sales of fruit and vegetables transportation business is main reasons for the forecast.

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