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Tech-Value founders confer 78 pct stake in Newco, to sell 51 pct of Newco to Sesa

Thursday, 19 Oct 2017

Oct 19 (Reuters) - SESA SPA ::‍SIGNS BINDING AGREEMENT FOR PURCHASE OF 51% OF NEWCO IN WHICH 78% OF TECH-VALUE WILL BE CONFERRED​.‍UNIT VAR GROUP WILL PURCHASE 51% OF NEWCO WHERE TECH-VALUE FUNDERS WILL CONFER 78% OF TECH-VALUE CAPITAL FOR UP TO EUR 6.5 MILLION​.‍NEWCO WILL PROMOTE TAKEOVER BID FOR REMAINING ABOUT 20% OF TECH-VALUE SHARES FOR EUR 4.15 PER SHARE.

IAR Systems Q3 operating profit stable at SEK ‍28.6​ mln

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - IAR SYSTEMS GROUP AB :Q3 NET SALES SEK ‍84.2​ MILLION VERSUS SEK 81.1 MILLION YEAR AGO.Q3 OPERATING PROFIT SEK ‍28.6​ MILLION VERSUS SEK 28.5 MILLION YEAR AGO.Q3 ‍EBITDA SEK 33.8 MILLION VERSUS SEK 32.9 MILLION YEAR AGO​.FINANCIAL GOAL: REVENUE TO INCREASE BY 10 -15% ANNUALLY IN LOCAL CURRENCY.FINANCIAL GOAL: OPERATING MARGIN WILL EXCEED 25% OVER A BUSINESS CYCLE.

IBM reports 2017 third-quarter results

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - International Business Machines Corp :IBM reports 2017 third-quarter results.Q3 revenue $19.2 billion versus I/B/E/S view $18.6 billion.Sees FY 2017 non-GAAP operating earnings per share at least $13.80.Sees FY 2017 GAAP earnings per share at least $11.95.IBM - qtrly ‍diluted EPS from continuing operations: GAAP of $2.92; operating (non-GAAP) of $3.30​.IBM - ‍maintains full-year EPS and free cash flow expectations​.IBM - qtrly strategic imperatives revenue ‍up 11 percent​.Q3 earnings per share view $3.28 -- Thomson Reuters I/B/E/S.IBM - ‍third-quarter cloud revenues increased 20 percent to $4.1 billion​.FY2017 earnings per share view $13.75 -- Thomson Reuters I/B/E/S.IBM - qtrly operating (non-GAAP) gross profit margin of 47.6 percent, down 0.4 pts year-over-year‍​.

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