May 11 (Reuters) - Aimia Inc :Aimia reports first quarter 2017 results and updates on status of discussions with Air Canada.Reconfirmed 2017 guidance.Qtrly total revenue C$524.8 million versus C$570.1 million.Qtrly earnings per share $0.04.Recent discussions lead Aimia to belief that Air Canada does not currently intend to renew aeroplan partnership expiring in June 2020.Exploring post-2020 alternatives.Rupert Duchesne to retire, with interim group chief executive David Johnston to assume role permanently.Newly adopted dividend policy targets future dividend payout ratio linked to cashflow generation.Says material reduction in capital expenditures is also planned for 2018.Aimia says also reviewing business units and investments on basis of their medium-term ROIC contribution; this may lead to further asset sales.All figures in C$.
MDC Partners Inc : Goldman Sachs to make equity investment in MDC Partners . $95 million convertible preference shares investment strengthens mdc partners' balance sheet . $10 conversion price represents a 48% premium to 30-day average closing price of $6.75 per share . Has entered into a definitive agreement with an affiliate of merchant banking division of Goldman Sachs . Expects to use net proceeds to pay down existing debt under company's credit facility and for general corporate purposes . Upon completion of transaction, Goldman Sachs will own approximately 15% of outstanding equity of company .Bradley gross, a Managing Director in merchant banking division of Goldman Sachs, will join MDC Partners board, which will expand to 7 members.
Harte Hanks Inc : Q2 revenues from continuing operations were $97.3 million compared to $109.2 million in same quarter last year . Qtrly loss per share $0.07 . Cost reduction program covers both labor and selling, general and administrative expenses . During Q2, announced intention to explore strategic alternatives for trillium software business . Strategic alternatives for our trillium software business is ongoing . Have implemented a $25 million cost reduction program . Parts of reduction program implemented in Q2; most remaining actions to be implemented will take place before end of Q3 .Q2 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S.
United Inc <2497.T>:Says it will close advertising agency business since March, 2017.
Hakuhodo DY Holdings Inc <2433.T>:Says two units D.A.Consortium Inc <4281.T> and Irep Co Ltd <2132.T> to be transferred into a holding company D.A.Consortium Holdings Inc., effective Oct. 3.