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Core-Mark signs definitive agreement to purchase Farner-Bocken company

Monday, 22 May 2017 08:30am EDT

May 22 (Reuters) - Core-Mark Holding Company Inc : :Core-Mark signs definitive agreement to purchase farner-bocken company.Core-Mark Holding Company Inc - purchase price is estimated to be approximately $190 million.Core-Mark Holding Company Inc - entered into definitive asset purchase agreement to acquire substantially all of assets of Farner-Bocken company.Core-Mark Holding Company Inc - no debt or significant liabilities are being assumed by core-mark in transaction.Core-Mark Holding Company Inc - Core-Mark will fund purchase with borrowings under its credit facility.Core-Mark Holding Company Inc says acquisition is expected to be accretive within first year following closing.

Keppel Telecommunications & Transportation announces launch of Huawei’s cognitive data centre reference site

Monday, 22 May 2017 05:17am EDT

May 22 (Reuters) - Keppel Telecommunications & Transportation Ltd ::Huawei and Keppel Data Centres launch Huawei’s cognitive data centre reference site.Launch follows signing of MoU between Huawei and Keppel data centres holding.

Royal Mail FY adjusted revenue 9.78 bln STG vs 9.25 mln STG year ago

Thursday, 18 May 2017 02:00am EDT

May 18 (Reuters) - Royal Mail Plc :Final dividend 15.6 pence per share.Total dividend 23 pence per share.FY adjusted revenue 9.78 billion STG versus 9.25 billion STG year ago.FY adjusted profit before tax 335 million STG versus 267 million stg year ago.FY net debt 338 million STG.Expect to keep in step with addressable uk parcels market growth of around three per cent due to it-enabled improvements.Remain on track to avoid around £600 million of annualised operating costs in UKPIL by 2017-18.Expect net cash investment of around £450 million in 2017-18 and less than £500 million per annum going forward.Responding to challenging operating environment and continuing to focus on sustainable cash generation.Maintain outlook for addressed letter volume decline of between four to six per cent per annum.FY UKPIL revenue 7.66 billion stg versus 7.67 billion stg.FY net cash investment was £492 million compared to £656 million in 2015-16.FY UKPIL parcel volumes were up three per cent, driven by growth in royal mail account parcels.Final dividend of 15.6 pence per ordinary share, giving total dividend of 23.0 pence per share for 2016-17, up four per cent.

Santova posts FY diluted HEPS of 38.55 cents

Wednesday, 17 May 2017 09:27am EDT

May 17 (Reuters) - Santova Ltd :FY revenue of r315.4 million for year is 13.2% up on previous year's figure of r278.7 million.FY diluted headline earnings per share 38.55 cents versus 33.76 cents year ago.FY net profit before tax has increased by 31.9% to r88.0 million from r66.7 million.Co has declared a final gross dividend of 6.25 cents (2016: 5.50 cents) per ordinary share.


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