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Future Venture Capital says U.S.-based unit to withdraw partial business

Tuesday, 26 Sep 2017 07:25am EDT

Sept 26 (Reuters) - Future Venture Capital Co Ltd <8462.T>:* Says its unit FVC Americas, LLC will withdraw FVC Mesh Fort Collins related business at the end of September .

HGL Ltd sees FY statutory NPBT in range of $2.0 mln - $2.4 mln

Tuesday, 26 Sep 2017 02:14am EDT

Sept 26 (Reuters) - HGL Ltd :Statutory net profit before tax for year to 30 september 2017 is expected to be in range $2.0 million to $2.4 million.FY underlying net profit before tax is anticipated to be in range of $2.0 million to $2.5 million​."significant decrease in both sales and profit in Leutenegger and Biante compared to 2016 has negatively impacted overall group result".Unit's purchase of Intralux Australia expected to be EPS accretive in FY2018.Undertaking a strategic review considering long term viability of key product categories within Leutenegger arts and crafts business.

Alaris Royalty Corp provides updates regarding S.M. Group

Wednesday, 20 Sep 2017 06:30am EDT

Sept 20 (Reuters) - Alaris Royalty Corp :Alaris Royalty Corp provides updates regarding S.M. Group.‍SM has received confirmation that it will be receiving cash proceeds from judgment in near future.Lower than expected cash award to SM will not have a material impact on Alaris' cash flow or payout ratio​.Co, SM working cooperatively to assess options that would maximize future repayments to co, considering various strategic alternatives for SM​.Expects to take a non-cash impairment on book value of its preferred units in SM in Q3 of this year​.Net amount will not be sufficient to repay in full receivables that are outstanding to Alaris.Impact on corporation's payout ratio based on a recent run rate is approximately 2%.Also to take non-cash impairment on $17.0 million of SM unsecured notes outstanding, $11.8 million of previously unpaid distributions.Quebec's anti-corruption unit announced charges against SM's founder Bernard Poulin, Dany Moreau, some others not related to SM's business​.Co understands that charges against SM's founder, others, not expected to have any material impact on business or SM strategic process​.

Stada says investigation finds no misconduct by execs

Friday, 15 Sep 2017 05:28am EDT

Sept 15 (Reuters) - Stada :Says external law firm’s investigation of certain former execs didn't find evidence of self-enrichment, bribery or other criminal activity‍​.Says any action taken in respect of the law firm's report remains to be determined by stada’s supervisory board and management.Says does not expect the report to have a material impact on the business, operations, results or prospects of stada.

FFP buys 5.2 pct stake in SPIE

Wednesday, 6 Sep 2017 03:29am EDT

Sept 6 (Reuters) - FFP SA ::BUYS 5.2 PERCENT STAKE IN SPIE <<>>‍​.CLAYAX HAS UNDERTAKEN NOT TO SELL ANY SPIE SHARE AT A PRICE LOWER TO THE TRANSACTION PRICE FOR A PERIOD OF 30 DAYS FOLLOWING THE COMPLETION OF THE BLOCK TRADE.FFP ACQUIRES 8 MILLION SHARES OF SPIE FROM CLAYAX FOR € 189 MILLION‍​.FFP HAS EQUALLY UNDERTAKEN NOT TO SELL ANY SPIE SHARE FOR A PERIOD OF 60 DAYS.FFP WILL SEEK TO BE REPRESENTED ON THE BOARD OF THE COMPANY.

MPC Capital confirms revenue and profit targets for 2017

Thursday, 31 Aug 2017 01:59am EDT

Aug 31 (Reuters) - MPC MUENCHMEYER PETERSEN CAPITAL AG ::DGAP-NEWS: MPC CAPITAL CONFIRMS REVENUE AND PROFIT TARGETS FOR 2017.‍REVENUE FOR MPC CAPITAL GROUP CAME TO EUR 22.7 MILLION IN H1 2017 (1ST HALF OF 2016: EUR 22.9 MILLION)​.CONSOLIDATED EARNINGS FOR H1 2017 OF EUR 3.9 MILLION WAS DOWN SLIGHTLY ON PREVIOUS YEAR (EUR 4.8 MILLION).‍FOR H2 EXPECTS TO SEE A MARKED UPTURN IN HIGHLY PROFITABLE TRANSACTION BUSINESS​.

Noah Holdings announces financial results for Q2 2017

Monday, 28 Aug 2017 05:00pm EDT

Aug 29 (Reuters) - Noah Holdings Ltd :Noah Holdings Limited announces unaudited financial results for the second quarter of 2017.Q2 revenue rose 8.5 percent to RMB 707.3 million.Noah Holdings Ltd - ‍Estimates non-gaap net income attributable to Noah shareholders for full year 2017 will be in range of RMB 825 million to RMB 860 million​.Noah Holdings Ltd - Qtrly income per ADS, diluted $0.52.Noah Holdings Ltd qtrly non-gaap net income attributable to noah shareholders per diluted ADS RMB 3.84 (U.S. $0.57).Noah Holdings - ‍ Total assets under management under asset management business as of June 30, 2017 were RMB 138.7 billion (U.S. $20.5 billion).

Carlyle Group announced the closing of two collateralized loan obligation funds

Monday, 7 Aug 2017 08:17am EDT

Aug 7 (Reuters) - Carlyle Group Lp :Announced the closing of two collateralized loan obligation funds.Carlyle Group Lp - one of the funds is in the U.S. totaling approximately $613 million and one is in Europe totaling approximately EUR 464 million.Carlyle Group Lp - structured credit/collateralized loan obligation business now has approximately $20 billion in assets under management.

Poste Italiane CEO says "all options open" on partnership with Anima

Wednesday, 2 Aug 2017 01:20pm EDT

Aug 2 (Reuters) - Poste Italiane: :CEO Matteo Del Fante says "all options are open" when asked about future of partnership with Anima Holding.CFO Roberto Giacchi says H1 deposits rose to 54.6 billion euros from 48 billion euros in H1 2016.Giacchi says group remains extremely focused on asset management business.CFO says H1 total sales of Mail&Parcel division fell 1.4 percent versus same period of last year.Del Fante says bank payments provider SIA will play important role as technological partner, does not answer question about possible increase of Poste's stake in SIA .Del Fante says Poste Italiane has booked additional provisions of 65 million euros for real estate funds, does not see need to do more in future.

Regulator halts review of Guangzhou Yuexiu Financial's asset restructuring plan

Tuesday, 1 Aug 2017 06:57am EDT

Aug 1 (Reuters) - Guangzhou Yuexiu Financial Holdings Group Co Ltd <000987.SZ>:Says securities regulator to halt review of its asset restructuring plan.

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