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Fisco and unit complete liquidation of two China-based units

Friday, 26 May 2017

May 26(Reuters) - Fisco Ltd <3807.T>:Says it and its unit NCXX Group Inc <<<6634.T>>> completed liquidation of an information consulting unit and a device unit, located in Fuzhou, China, on May 25.

Houghton Mifflin Harcourt Q1 sales $222 mln

Thursday, 4 May 2017

May 4 (Reuters) - Houghton Mifflin Harcourt Co ::Houghton Mifflin Harcourt announces first quarter 2017 results.Q1 sales $222 million versus I/B/E/S view $196.9 million.Houghton mifflin harcourt co - cost-reduction initiatives expected to generate annualized savings of $70 to $80 million by end of 2018.Houghton Mifflin Harcourt co qtrly loss per share $0.98.Houghton Mifflin Harcourt Co - 2017 billings for quarter were $184 million, a 10 pct increase compared with $168 million in q1 of 2016.Houghton Mifflin Harcourt Co sees approximately $70 to $80 million in annualized cost savings by end of 2018 and total charges of $41 to $45 million.Houghton Mifflin Harcourt Co - "over next two years, company will be undergoing a series of operational improvements".Q1 earnings per share view $-1.06 -- Thomson Reuters I/B/E/S.

Wolters Kluwer expects 8-10 pct decline in print to continue - CFO

Wednesday, 22 Feb 2017

Wolters Kluwer NV CFO: Margin growth should be partially driven by expected lower restructuring costs . Lower restructuring costs in 2017 should amount to 15-25 million euros ($15.8-26.3 million), down from 29 million euros in 2016 . Over last several yrs print decline between 8-10 percent and expects this to continue . "As print becomes smaller in the portfolio, you see the opportunity for improved growth driven by digital" . On US policy changes: "it's a bit uncertain where we stand today" . China very small part of portfolio but believes it to be "very bright" in future . Brazil short term results not that encouraging but believes longer term is encouraging Further company coverage: [WLSNc.AS] ($1 = 0.9519 euros) (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).

Thomson Reuters Q4 adj EPS $0.60, excluding charges

Thursday, 9 Feb 2017

Thomson Reuters Corp : Thomson Reuters reports fourth-quarter and full-year 2016 results . Excluding fourth-quarter charges, adjusted EPS was $0.60 . Says approved an additional $1 billion share buyback program and also approved a $0.02 per share annualized increase in dividend to $1.38 . Fourth-quarter diluted earnings per share (EPS) was $3.03, reflecting gain on sale of IP & Science . Says in 2017 expects low single-digit revenue growth, before currency . Says in 2017 expects adjusted EBITDA margin to range between 28.8% to 29.8%, before currency . Q4 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Thomson Reuters CEO James Smith says "encouraged by momentum and foundation we have built heading into 2017, and we are well positioned to deliver on our commitments" . Says corporate & other costs were $92 million in quarter compared to $154 million . Says in 2017 expects adjusted EPS of $2.35, before currency . Q4 F&R unit recurring revenue were up 1% . Quarterly revenue from financial & risk business $1.51 billion, up 1 percent before currency . Quarterly revenue from legal business $864 million, flat before currency . Says made a contribution of $500 million to its US defined benefit pension plan in January 2017 . Incurred $212 million of charges in Q4 . Quarterly revenue from tax & accounting business $416 million, up 2 percent before currency.

Fisco unit to dissolve two British Virgin Islands units

Tuesday, 30 Aug 2016

Fisco Ltd <3807.T>:Says its unit, SJI Inc <2315.T>, plans to dissolve two units Hua Shen Trading(International)Limited and Rapid Capital Hoidings Limited, which are based in British Virgin Islands.


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