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Tricon Capital Group provides update on its single-family rental business

Monday, 25 Sep 2017 08:00am EDT

Sept 25 (Reuters) - Tricon Capital Group Inc : :Tricon Capital Group provides update on its single-family rental business.Tricon Capital Group Inc - got letter from staff of SEC with subject "in matter of certain single family rental securitizations"​.Tricon Capital Group - ‍letter includes subpoena requests production of certain documents, communications related to tah's securitization transactions​.Tricon Capital Group - ‍SEC's letter indicates investigation is fact-finding inquiry, does not mean that sec has negative opinion of any person or security​.Tricon Capital Group - estimates total property damage from hurricane harvey, before taking into account available insurance proceeds, of $5 million to $6 million.

IWG says returned to revenue growth in Q2

Tuesday, 8 Aug 2017 02:10am EDT

Aug 8 (Reuters) - IWG PLC :HY ‍GROUP REVENUE WAS STABLE (II) AT £1,169.7M WITH REVENUE MOMENTUM IMPROVING THROUGH PERIOD AS IWG RETURNED TO GROWTH IN Q2​.‍13 PCT INCREASE IN INTERIM DIVIDEND TO 1.75P (H1 2016: 1.55P), REFLECTING CONFIDENCE IN LONG-TERM OUTLOOK​.‍WE ANTICIPATE STRONG CASH GENERATION IN SECOND HALF OF YEAR​.‍HY PROFIT BEFORE TAX 80.8 MILLION STG VERSUS 84.3 MILLION STG YEAR AGO ​.‍INCREASED VISIBILITY ON NET GROWTH CAPITAL EXPENDITURE FOR WHOLE OF 2017​.‍PIPELINE VISIBILITY AS OF 28 JULY 2017 OF ABOUT £240M, REPRESENTING 310 LOCATIONS​.‍"WE ANTICIPATE STRONG CASH GENERATION IN SECOND HALF OF YEAR" - CEO​.SAYS ‍CONFIDENT THAT BUSINESS WILL SEE GROWTH OVER SECOND HALF OF 2017​.SAYS ‍ANTICIPATE STRONG CASH GENERATION IN SECOND HALF OF YEAR​​.

Mystar Engineering to merge with wholly owned subsidiary

Monday, 31 Jul 2017 02:08am EDT

July 31 (Reuters) - Mystar Engineering Corp <4695.T>:* Says it plans to merge with a wholly owned subsidiary, which is engaged in maintenance and cleaning of construction equipment, effective Oct. 1.* Says the subsidiary will be dissolved after the transaction.

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