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Nokwon C.I. to merge with Nokwon C&I

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Nokwon C.I. Inc <065560.KQ>:Says it plans to merge with wholly owned subsidiary Nokwon C&I Corp, an ink producer.Expected merger effective date is Feb. 20, 2018.

Nihon Enterprise unit to acquire 100 pct stake in ARGO

Thursday, 30 Nov 2017

Nov 30(Reuters) - Nihon Enterprise Co Ltd <4829.T>:Says its consolidated subsidiary Dive Co., Ltd. will acquire 100 percent stake in a Tokyo-based company ARGO, which is mainly engaged in development of business application and system .Transaction date on Dec. 8.

Rovsing Q1 posts widening EBITDA loss, to initiate cost saving measures

Friday, 17 Nov 2017

Nov 17 (Reuters) - ROVSING A/S :Q1 REVENUE DKK ‍4.0​ MILLION VERSUS DKK 9.0 MILLION YEAR AGO.‍CONSIDERS FINANCIAL PERFORMANCE IN 1ST QUARTER 2017/18 AS BEING UNSATISFACTORY.​.‍OUTLOOK FOR FINANCIAL YEAR 2017/18 IS MAINTAINED​.‍UPDATED STRATEGY IS EXPECTED TO BE DISCLOSED BEFORE END OF 2017​.‍FULL-YEAR OUTLOOK FOR FINANCIAL YEAR 2017/18 IS MAINTAINED​.‍COST SAVING MEASURES WILL BE INITIATED AND TAKE EFFECT AS SOON AS POSSIBLE.​.Q1 EBITDA LOSS DKK ‍2.2​ MILLION VERSUS LOSS DKK 0.2 MILLION YEAR AGO.

Aplix to merge with publishing unit

Thursday, 9 Nov 2017

Nov 9(Reuters) - Aplix Corp <3727.T>:Says it plans to merge with a wholly owned publishing unit .Merger effective Dec. 22.Says the unit will be dissolved after the merger .

Ebix Inc to buy Via.com for about $74.9 million​​

Tuesday, 31 Oct 2017

Oct 31 (Reuters) - Ebix Inc :Ebix expands on leadership position in financial exchange markets in India through the acquisition of leading travel exchange Via.One of its Singapore subsidiaries has entered into an agreement to acquire via.com​.Under terms of agreement, via was valued at a total enterprise value of approximately $74.9 million​.Acquisition is expected to be accretive to Ebix earnings immediately​.Expects Via.com​ business to generate around $33 million in GAAP revenues in 2018 with approximately 30 percent operating margins.

Majesco announces second quarter financial results

Monday, 30 Oct 2017

Oct 30 (Reuters) - Majesco :Majesco announces fiscal 2018 second quarter financial results.Q2 loss per share $0.02.Q2 revenue $30.3 million versus $31 million.Majesco - ‍revenues from Cloud business increased 28% Q-o-Q and 48% Y-o-Y​.Majesco - ‍Majesco's 12-month order backlog at September 30, 2017 was $77.5 million as compared to $77.2 million at June 30, 2017​.

Microsoft sees Q2 intelligent cloud revenue of $7.35 bln-$7.55 bln

Thursday, 26 Oct 2017

Oct 26 (Reuters) - Microsoft Corp ::Sees Q2 intelligent cloud revenue $7.35 billion to $7.55 billion.Sees Q2 productivity and business processes revenue of $8.75 billion to $8.95 billion.Sees Q2 more personal computing revenue $11.7 billion to $12.1 billion.Sees Q2 operating expenses of $9.1 billion to $9.2 billion.Sees FY 18 foreign currency impact to increase to total revenue growth of about 1 point​.Q2 operating expense guidance includes $1.1 billion of LinkedIn expenses.

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