Aug 25(Reuters) - Wuxi Hodgen Technology Co Ltd <300279.SZ>:Says it plans to invest 50 million yuan in Xi'an-based firm, which is mainly engaged in intelligent community related business .Says it will hold 25 percent stake in the firm, up from 0 percent.
Aug 23 (Reuters) - Husqvarna AB :Says to enhance customer support, better co-ordinate the operations overall and support an acceleration of investments for growth Husqvarna Construction intends to implement a number of structural changes.Says total cost for changes is estimated to be approximately SEK 65 mln.Says majority of these costs will be charged against construction division's operating income in Q3 2017, and remainder in Q4.Says proposed changes will put some 50 employees at risk, including closure of Pullman Ermator’s sites in Smedjebacken, Sweden and Tampa, Florida, U.S.A..Husqvarna Construction is a market leader in the fast growing and attractive market segment for preparing and polishing concrete floors.
Aug 4 (Reuters) - HRG Group Inc :HRG Group Inc reports fiscal 2017 third quarter results.Q3 revenue fell 4.3 percent to $1.3 billion.Q3 loss per share $0.01 from continuing operations.HRG Group Inc - "HRG has not set a definitive schedule to complete its review of strategic alternatives".HRG Group Inc - during quarter, incurred incremental costs of $24.9 million from Spectrum Brands' rawhide safety recall; additional restructuring costs of $15.8 million.HRG Group Inc - decrease in qtrly revenues due to lower revenues from consumer products segment coupled with negative effect of foreign exchange rates.HRG Group Inc qtrly diluted earnings per share $0.01.
Aug 4 (Reuters) - DEA General Aviation Holding Co Ltd <002260.SZ>:Says it plans to acquire 51 percent stake in Shenzhen dating site Zhenai.com for 1.4 billion yuan ($208.37 million).
July 18 (Reuters) - Husqvarna Ab :Q2 operating income increased 16% to sek 2,002m (1,729), corresponding to a margin of 15.3% (15.0)..Says changes in exchange rates, net of raw material costs, positively impacted operating income by around sek 110m..Q2 net sales increased to sek 13,069m (11,504), corresponding to a currency adjusted* growth of 8%..Husqvarna ab says we will continue to invest in strategic growth initiatives to further strengthen our position.Reuters poll: husqvarna q2 ebit was seen at 2,009 million sek, sales at 12,868 million.The Consumer Brands Division continues to focus on margin improvement where cost and efficiency measures, in parallel to increased product development, remain imperative..However due to the challenging U.S. retail market, the previously anticipated margin improvement is now expected to be slower..
July 14(Reuters) - Shanghai Worth Garden Co Ltd <300483.SZ> ::* Sees H1 FY 2017 net profit to decrease by 5.58 percent to 21.31 percent, or to be 10 million yuan to 12 million yuan.* Says H1 FY 2016 net profit was 12.7 million yuan.* The reasons for the forecast are increased raw material price and decreased main business income .
July 14(Reuters) - Shanghai Canature Environmental Products Co Ltd <300272.SZ> ::* Says net profit for FY 2017 H1 to increase by 5 percent to 15 percent, or to be 36.4 million yuan to 39.9 million yuan, compared to net profit of FY 2016 H1 (34.7 million yuan).* Says increased revenue of main business as main reason for the forecast.
July 10 (Reuters) - Helen Of Troy Ltd :Helen of Troy limited reports first quarter fiscal 2018 results.Q1 adjusted non-gaap earnings per share $1.37.Q1 gaap earnings per share $0.22.Q1 revenue $359.6 million versus I/B/E/S view $358.4 million.Sees fy 2018 sales up 1.5 to 4.1 percent.Sees fy 2018 sales $1.56 billion to $1.6 billion.Sees fy 2018 gaap earnings per share $4.54 to $4.87.Helen of Troy Ltd - reiterates FY non-gaap adjusted diluted eps outlook of $6.50 to $6.90.Fy2018 earnings per share view $6.67, revenue view $1.58 billion -- Thomson Reuters I/B/E/S.Helen of Troy Ltd - company continues to evaluate strategic alternatives for nutritional supplements segment.Helen of Troy Ltd - quarter end inventory was $312.0 million, compared to $319.2 million.Helen of Troy - continues to evaluate strategic alternatives for nutritional supplements core business which could include divestiture, among others.
July 10(Reuters) - Wuxi Hodgen Technology Co Ltd <300279.SZ> ::* Says it plans to dissolve its Suzhou branch .
June 27 (Reuters) - Shinsung Delta Tech Co Ltd <065350.KQ> ::* Says it plans to merge with wholly owned subsidiary Henes, an electronic components firm, with merger ratio of 1:0.* Merger effective date is Sep. 1 .