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CGN Nuclear Technology Development sees Q1~Q3 FY 2017 net profit to be 225-245 mln yuan

Monday, 16 Oct 2017

Oct 16 (Reuters) - CGN Nuclear Technology Development Co Ltd <000881.SZ> ::Sees Q1~Q3 FY 2017 net profit to be 225 million yuan to 245 million yuan.Says Q1~Q3 FY 2016 net profit was 222.8 million yuan (after restructuring).Says accomplishment of major assets restructuring as main reason for the forecast.

LINDSAY CORPORATION Q4 EARNINGS PER SHARE $0.59

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Lindsay Corp ::LINDSAY CORPORATION REPORTS FISCAL 2017 FOURTH QUARTER AND FULL YEAR RESULTS.Q4 EARNINGS PER SHARE $0.59.Q4 REVENUE $131.9 MILLION VERSUS I/B/E/S VIEW $135.4 MILLION.Q4 EARNINGS PER SHARE VIEW $0.64 -- THOMSON REUTERS I/B/E/S.LINDSAY CORP - ‍BACKLOG OF UNSHIPPED ORDERS AT AUGUST 31, 2017 WAS $51.8 MILLION COMPARED WITH $50.7 MILLION AT AUGUST 31, 2016​.LINDSAY CORP - ‍IRRIGATION MARGINS WERE IMPACTED BY A HIGHER MIX OF REVENUE FROM INTERNATIONAL MARKETS​.LINDSAY CORP - ‍EXPECTS MODEST GROWTH IN U.S. IRRIGATION BUSINESS IN UPCOMING YEAR​.

ASV to relocate parts distribution facility to Grand Rapids, Minnesota

Monday, 9 Oct 2017

Oct 9 (Reuters) - ASV Holdings Inc ::ASV to relocate parts distribution facility to Grand Rapids, Minnesota.ASV Holdings - ‍will establish new parts distribution center adjacent to corporate headquarters and manufacturing plant in Grand Rapids, Minnesota​.ASV Holdings - ‍company expects to record expenses of approximately $250,000 in q4 of 2017 related to establishment of new distribution center​.ASV Holdings - establishment of ‍new facility will result in meaningful yearly operating cost savings beginning in 2018​.

Changlin says division of Jiangsu-based controlling hardware tool unit

Thursday, 17 Aug 2017

Aug 17 (Reuters) - Changlin Co Ltd <600710.SS> ::* Says its controlling hardware tool subsidiary has been divided into a hardware tool company and a new energy company .

J.C. Bamford Excavators Limited files a patent infringement claim against Manitou

Tuesday, 23 May 2017

May 23 - MANITOU BF SA ::‍ANNOUNCED ON MONDAY THAT ON MAY 5, J.C. BAMFORD EXCAVATORS LIMITED FILED A CLAIM WITH COURT OF FIRST INSTANCE (TRIBUNAL DE GRANDE INSTANCE) OF PARIS ALLEGING INFRINGEMENT BY MANITOU BF OF TWO EUROPEAN PATENTS​.PATENTS REGARDING CERTAIN FEATURES RELATED TO THE CONTROL SYSTEM OF THE OVERLOAD CUT-OFF OF CERTAIN TELEHANDLERS COMMERCIALIZED IN THE EUROPEAN UNION.‍ON MAY 8, SAME PLAINTIFF FILED A CLAIM BASED ON SIMILAR ALLEGATIONS WITH HIGH COURT OF JUSTICE - CHANCERY DIVISION IN LONDON AGAINST MANITOU BF AND ITS SUBSIDIARY MANITOU UK LIMITED.‍FINANCIALLY, PLAINTIFF IS SEEKING PRELIMINARY DAMAGES (SUBJECT TO FURTHER EVALUATION) IN AMOUNT OF EUR 20 MLN BEFORE FRENCH COURT​.‍PLAINTIFF DOES NOT SPECIFY AMOUNT CLAIMED BEFORE ENGLISH COURT.‍FOR PROCEDURAL PURPOSES, COMMERCIAL VALUE OF CLAIM BEFORE ENGLISH COURT IS ESTIMATED TO BE IN EXCESS OF GBP 10 MLN.‍A PRELIMINARY PROCEDURAL HEARING IN SCHEDULED IN FRANCE FOR 29 JUNE 2017.A PRELIMINARY DEFENSE STATEMENT WILL BE FILED BY MANITOU BF AND MANITOU UK LIMITED WITH ENGLISH COURT IN JUNE, 2017.FIRST PROCEDURAL HEARING IN ENGLAND IS EXPECTED IN AUTUMN 2017​​​.

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