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Menon Bearings Ltd Recommends Dividend

Sunday, 19 May 2013 11:37pm EDT

Menon Bearings Ltd announced that the Board of Directors at its meeting held on May 19, 2013 have recommended the payment of dividend on Equity Shares at INR2 per share that is 40% of the paid up Equity Share Capital of Company for the year ended March 31, 2013.

Lingyun Industrial Corp Ltd to Establish Joint Venture

Friday, 17 May 2013 08:00pm EDT

Lingyun Industrial Corp Ltd announced that it will set up a joint venture in Yantai, China, with a Korea-based company, GNS Solitech Co.,Ltd. The joint venture will be with a registered capital of USD 10,000,000 and will be engaged in the design, development, manufacturing and sale of automobile components and related products. The Company and GNS Solitech will respectively hold a 50.10% and 49.90% stake in the joint venture.

Ucal Fuel Systems Ltd Recommends Dividend

Friday, 17 May 2013 04:54am EDT

Ucal Fuel Systems Ltd announced that the Board of Directors at its meeting held on May 16, 2013 has declared dividend for the year 2012-2013 is 10% (that is INR1 per share).

Fuji Technica & Miyazu Inc Announces Outcome of Takeover Bid Launched by Japan-based Investment Partnerships

Friday, 17 May 2013 03:30am EDT

Fuji Technica & Miyazu Inc announced that two Japan-based investment partnerships have completed the takeover bid for shares of the Company on May 16, 2013. The two investment partnerships acquired 8,493,316 shares of the Company, at the price of JPY 382 per share (JPY 5,302 million in total), during the period from March 18, 2013 to May 7, 2013. As a reus lt, the investment partnerships will become parent companies of the Company with 84.99% stake, while Regional Economy Vitalization Corporation of Japan will hold no stake in the Company, down from 78.22%, effective May 23, 2013.

Modine Manufacturing Co Announces Upcoming Retirement Of Chairman

Thursday, 16 May 2013 05:12pm EDT

Modine Manufacturing Co announced the plans for Gary L. Neale to retire as Chairman of its Board of Directors following the Annual Meeting of the Shareholders on July 18, 2013. Mr. Neale has been a member of Modine`s Board of Directors since 1977 and became its Chair in 2008 after serving as independent Lead Director for five years.

Samkrg Pistons And Rings Ltd Recommends Dividend

Thursday, 16 May 2013 02:24am EDT

Samkrg Pistons And Rings Ltd announced that the Board of Directors at its meeting held on May 16, 2013 has recommended Dividend 25% that is INR2.50 per equity share.

Yachiyo Industry Co Ltd Appoints Corporate Auditor

Thursday, 16 May 2013 02:10am EDT

Yachiyo Industry Co Ltd announced that it has appointed KPMG AZSA LLC as corporate auditor, to replace Ernst & Young ShinNihon LLC, effective June 25, 2013.

Markets

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Sector Summary

Energy -0.56%
Basic Materials -0.37%
Industrials -0.04%
Cyclical Goods & Services +0.15%
Non-Cyclical Goods & Services -0.26%
Financials -0.55%
Healthcare -0.11%
Technology +0.12%
Telecoms -0.13%
Utilities -0.36%

Market News

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Analyst Research

Report Title Price
GKN - RESTRUCTURED AND READY
Provider: Edison Investment Research
$10.00
Buy
TKS - Event Transcript of Tomkins PLC conference call, Aug. 06, 2010 / 9:00am ET
Provider: Thomson Reuters StreetEvents
$39.00
Buy
TOMKINS PLC ADR (TKS) Zacks Company Snapshot
Provider: Zacks Investment Research Inc.
$10.00
Buy
AUERBACH GRAYSON: Truworths - TRU HEPS FORECAST REVISION (South Africa)
Provider: Auerbach Grayson & Co., Inc.
$25.00
Buy
JKSB : Quarterly Results Highlights : Cargills (Ceylon) PLC : 1QFY11
Provider: John Keells Stock Brokers (Pvt) Limited
$10.00
Buy

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