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Fringe81 says business transfer to two new units

7:44am BST

Oct 18(Reuters) - Fringe81 Co Ltd <6550.T>:Says it plans to transfer product [Unipos] and Kansai branch related business to a Tokyo-based new unit and an Osaka-based new unit respectively.Says the two new units will be established on Dec. 28 and will be capitalized at 10 million yen and 5 million yen respectively .Says business transfer effective Dec. 28.

Social Reality to pursue strategic alternatives for SRAXmd healthcare business

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - Social Reality Inc :Social Reality, Inc. To pursue strategic alternatives for SRAXmd healthcare business.Social Reality - ‍chardan Capital Markets Llc and Noble Financial Capital Markets are serving as financial advisors in connection with the matters​.Social Reality-‍range of alternatives could include spinning off SRAXmd healthcare​ business into its own public company.Social Reality- alternatives for SRAXmd healthcare​ unit considered could also include strategic acquisitions or possible transactions.

Omnicom Group Q3 earnings per share $1.13

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - Omnicom Group Inc :Omnicom Group reports third quarter and year-to-date 2017 results.Q3 earnings per share $1.13.Q3 revenue $3.72 billion versus I/B/E/S view $3.69 billion.Q3 earnings per share view $1.10 -- Thomson Reuters I/B/E/S.Omnicom Group Inc - ‍operating margin for q3 of 2017 increased to 12.5% versus 12.0% for Q3 of 2016​.Omnicom Group Inc - ‍components of change in revenue included an increase in revenue from positive foreign exchange rate impact of 1.0%​.Omnicom Group Inc - ‍organic growth in q3 of 2017 as compared to Q3 of 2016 was 2.1% in North America​.

India's Pressman Advertising Sept-qtr PAT rises

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - Pressman Advertising Ltd :Sept quarter PAT 18.8 million rupees versus profit of 13.8 million rupees year ago.Sept quarter total income from operations 124.2 million rupees versus 116.2 million rupees year ago.

Gendai Agency says change on establishment of sub-subsidiary

Tuesday, 17 Oct 2017

Oct 17(Reuters) - Gendai Agency Inc <2411.T>:Says it plans to set up a sub-subsidiary named GD Leisure Group Timor, LDA., instead of GDL TIMOR,LDA previously .Says the sub-subsidiary will be capitalized at $50,000 (about 5.5 million yen), instead of $100,000 (about 11 million yen) previously .Says establishment date will be in middle November, instead of Mid-September previously .Previous plan was announced on Aug. 18.

APN Outdoor Group names James Warburton as CEO

Monday, 16 Oct 2017

Oct 17 (Reuters) - APN Outdoor Group Ltd ::Appointment of new CEO.‍Announces appointment of James Warburton as chief executive officer, effective 22 January 2018​.‍Interim CEO Wayne Castle will revert to his previous role as CFO upon James' commencement with group​.

Cherokee seeks waiver from ‍Cerberus on credit facility

Monday, 16 Oct 2017

Oct 16 (Reuters) - Cherokee Inc :Cherokee says ‍Cerberus has agreed will not exercise rights under Cerberus credit facility solely with respect to events of default through Oct 27​.Cherokee says ‍is working with cerberus for waiver of events of default, amend Cerberus credit facility terms during forbearance period​ - SEC filing.


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