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Electrical Components & Equipment

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Emerson Electric Says CEO D.N. Farr's FY 2017 Total Compensation Was $12.5 Mln

Friday, 15 Dec 2017

Dec 15 (Reuters) - Emerson Electric Co ::CFO F. J. DELLAQUILA'S FY 2017 TOTAL COMPENSATION WAS $6.1 MILLION VERSUS ABOUT $6 MILLION IN FY 2016 - SEC FILING.CHAIRMAN OF BOARD AND CEO D.N. FARR'S FY 2017 TOTAL COMPENSATION WAS $12.5 MILLION VERSUS $15.1 MILLION IN FY 2016 - SEC FILING.

Lakshmi Electrical Control Systems CFO B. K. Ravi Kumar Resigns

Friday, 15 Dec 2017

Dec 15 (Reuters) - Lakshmi Electrical Control Systems Ltd ::SAYS CFO B. K. RAVI KUMAR RESIGNS.

CLEEN Energy sees negative result for 2017

Friday, 15 Dec 2017

Dec 15 (Reuters) - CLEEN ENERGY AG ::SAID ON THURSDAY EXPECTED NEGATIVE RESULT AFTER TAX FOR 2017 OF ABOUT 1.2 MLN EUROS.SEES 2017 EBIT LOSS OF BETWEEN 1.134 MLN EUROS AND 1.334 MLN EUROS.SEES 2017 REVENUE OF ABOUT 2.3 MLN EUROS TO 2.6 MLN EUROS.

AVEVA, Schneider gets all regulatory clearances except CFIUS approval

Friday, 15 Dec 2017

Dec 15 (Reuters) - Aveva Group Plc ::‍UPDATE RE CLEARANCES & EXPECTED CLOSING TIMETABLE​.CO, SCHNEIDER ELECTRIC ARE CONFIRM ALL OUTSTANDING REGULATORY CLEARANCES REQUIRED AHEAD OF COMPLETION OF COMBINATION HAVE BEEN RECEIVED​.‍APPROVAL OF COMMITTEE ON FOREIGN INVESTMENTS IN UNITED STATES NOT YET RECEIVED; REVIEW PROCEDURE IS ONGOING​.‍AVEVA AND SCHNEIDER ELECTRIC ARE NOT AWARE OF AND DO NOT EXPECT ANY SUBSTANTIVE CFIUS CONCERNS​.‍CFIUS APPROVAL FOR DEAL IS NOT EXPECTED BEFORE VERY LATE DECEMBER 2017 AT EARLIEST, AND MAY EXTEND AS LATE AS MID-FEBRUARY 2018​.‍EXPECTS COMPLETION OF COMBINATION TO OCCUR AT END OF JANUARY OR FEB 2018, SUBJECT TO ANY UNFORESEEN DELAYS IN CFIUS APPROVAL PROCESS​.‍AVEVA IS CONTINUING PROCESS OF SELECTING A CHIEF EXECUTIVE OFFICER FOR COMBINED CO​.

Futaba unit to sell Hwaseong-based real estate property for 6.35 bln won

Friday, 15 Dec 2017

Dec 15 (Reuters) - Futaba Corp <6986.T>:Says co's unit KISHIN MEGATEC Co.,Ltd. plans to sell Hwaseong-based real estate property on Dec. 27, at the price of 6.35 billion won (about 632 million yen).Says gain from sale of the real estate property will be 4.3 billion won (about 428 million yen).

Arbonia Sells Forster Profile Systems To The Belgian Reynaers Group

Friday, 15 Dec 2017

Dec 15 (Reuters) - ARBONIA AG ::SELLS FORSTER PROFILE SYSTEMS TO THE BELGIAN REYNAERS GROUP.CONTRACTING PARTIES HAVE AGREED TO REMAIN SILENT REGARDING THE PURCHASE PRICE.SALES PROCEEDS WILL BE USED TO REDUCE THE NET INDEBTEDNESS OF ARBONIA AG.

Dialight Says Continues To Experience Production Volume Shortfalls At Plant In Mexico

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Dialight Plc ::‍SINCE TRADING UPDATE IN OCTOBER, GROUP HAS CONTINUED TO EXPERIENCE PRODUCTION VOLUME SHORTFALLS AT PLANT IN GUADALAJARA, MEXICO​.NOW EXPECT EBIT (EXCLUDING NON-RECURRING ITEMS) FOR YEAR ENDING 31 DECEMBER 2017 TO BE NOT LESS THAN £9M..NOW BELIEVES A SIGNIFICANT NUMBER OF ORDERS ARE UNLIKELY TO BE FULFILLED IN THIS FINANCIAL YEAR.‍WE EXPECT NON-RECURRING ITEMS TO BE IN REGION OF £6M, AND TO END CURRENT FINANCIAL YEAR WITH A STRONG NET CASH POSITION​.BOARD REMAINS CONFIDENT THAT PRODUCTION ISSUES ARE SHORT TERM AND WILL NOT IMPACT MEDIUM TO LONG TERM GROWTH PROSPECTS.

India's Modern Insulators Sept-Qtr Profit Falls

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Modern Insulators Ltd ::SEPT QUARTER NET PROFIT 23.1 MILLION RUPEES VERSUS 51.2 MILLION RUPEES YEAR AGO.SEPT QUARTER REVENUE FROM OPERATIONS 1.42 BILLION RUPEES VERSUS 1.33 BILLION RUPEES YEAR AGO.

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