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Euromoney Says Reviewing Asset Management Businesses

Tuesday, 10 Sep 2019

Sept 10 (Reuters) - Euromoney Institutional Investor PLC ::STRATEGIC REVIEW OF ASSET MANAGEMENT BUSINESSES.EUROMONEY IS CARRYING OUT A REVIEW OF ITS ASSET MANAGEMENT BUSINESSES.ANNOUNCES REVIEW OF ASSET MANAGEMENT BUSINESSES, WHICH CONSIST OF BCA RESEARCH, NED DAVIS RESEARCH AND INSTITUTIONAL INVESTOR.

Asiakastieto Group Signs Agreement To Outsource Telesales In UC Affärsfakta AB

Tuesday, 14 May 2019

May 14 (Reuters) - Asiakastieto Group Plc ::REG-ASIAKASTIETO GROUP HAS SIGNED AN AGREEMENT TO OUTSOURCE THE TELESALES IN UC AFFÄRSFAKTA AB.WILL TRANSFER TELESALES OPERATIONS IN AFFÄRSFAKTA TO A NEW COMPANY FOUNDED BY CURRENT MANAGEMENT OF AFFÄRSFAKTA.NET SALES OF UC AFFÄRSFAKTA AB AMOUNTED TO EUR 14,3 MILLION IN 2018.PLAN IS TO FINALIZE OUTSOURCING BY END OF Q3 OF YEAR..NEW COMPANY WILL BE NAMED AFFÄRSFAKTA I SVERIGE AB.

Ascential Buys Flywheel Digital For $60 Mln And Earn Out Payments

Thursday, 1 Nov 2018

Nov 1 (Reuters) - Ascential PLC ::ACQUISITION OF FLYWHEEL DIGITAL.PROPOSED DEAL FOR CASH CONSIDERATION OF $60 MILLION PLUS EARN OUT PAYMENTS PAYABLE OVER THREE YEARS..INITIAL CONSIDERATION FOR DEAL BEING PAID OUT OF EXISTING CASH RESERVES USING CAPITAL RELEASED FROM SALE OF EXHIBITIONS BUSINESS.FLYWHEEL WILL REPORT TO DUNCAN PAINTER, CEO OF ASCENTIAL.

Techfinancials Plans To Sell MarketFinancials Limited

Thursday, 1 Mar 2018

March 1 (Reuters) - Techfinancials Inc ::STRATEGY IS TO CEASE ANY B2C OPERATION IN EU AND TO FOCUS ONLY ON B2C TRADING IN ASIA PACIFIC REGION VIA ITS JOINT VENTURE, DRAGONFINANCIALS​.‍TECHFINANCIALS PLANS TO SELL MF, ALONG WITH ITS LICENSE.‍MF HAS TERMINATED ITS MARKET MAKER SERVICES WITH BOT, WHICH WAS ITS ONLY SOURCE OF INCOME​.

Houghton Mifflin Harcourt Q4 Sales $261 Mln

Thursday, 22 Feb 2018

Feb 22 (Reuters) - Houghton Mifflin Harcourt Co ::Q4 SALES $261 MILLION VERSUS $242 MILLION.SEES FY 2018 SALES $1.35 BILLION TO $1.43 BILLION.‍CONTENT DEVELOPMENT SPEND FOR 2018 IS EXPECTED TO BE IN RANGE OF $125 TO $150 MILLION​.SEES ‍2018 TOTAL CAPITAL EXPENDITURES INCLUDING NON-PLATE CAPITAL EXPENDITURES IN RANGE OF $185 TO $210 MILLION​.HOUGHTON MIFFLIN HARCOURT - ‍CONTINUES TO IMPLEMENT ITS ONGOING INITIATIVES TO IMPROVE COMPANY'S OPERATIONAL EFFICIENCY AND RIGHT-SIZE ITS COST STRUCTURE​.‍ORGANIZATIONAL DESIGN CHANGES, AIMED AT REDUCING COMPLEXITY IN ORGANIZATION, WERE LARGELY COMPLETED BY MAY 2017​.‍HMH EXPECTS TO SUBSTANTIALLY COMPLETE REMAINING PLANNED ACTIONS BY END OF 2018​.HOUGHTON MIFFLIN HARCOURT - ‍IDENTIFIED INITIATIVES ARE EXPECTED TO RESULT IN ABOUT $70 MILLION TO $80 MILLION IN ANNUALIZED COST SAVINGS BY END OF 2018​.QTRLY EARNINGS PER SHARE LOSS‍$0.21​.QTRLY ‍NET SALES $260.5 MILLION VERSUS $241.8 MILLION ​.Q4 EARNINGS PER SHARE VIEW $-0.90, REVENUE VIEW $248.3 MILLION -- THOMSON REUTERS I/B/E/S.FY2017 REVENUE VIEW $1.39 BILLION -- THOMSON REUTERS I/B/E/S.‍HMH EXPECTS 2018 BILLINGS TO BE IN RANGE OF $1.365 TO $1.445 BILLION​.HOUGHTON MIFFLIN -EXPECT INITIATIVES WILL RESULT IN TOTAL CHARGES OF $45 MILLION TO $49 MILLION, OF WHICH $35 MILLION TO $39 MILLION ARE ESTIMATED TO BE CASH CHARGES​.

Cerved Board Approves Incorporation Of Units Cerved Group And Consit Italia

Tuesday, 28 Nov 2017

Nov 28 (Reuters) - CERVED INFORMATION SOLUTIONS SPA ::SAID ON MONDAY BOARD HAD APPROVED THE INCORPORATION OF UNIT CERVED GROUP AND INDIRECT UNIT OF CERVED GROUP.CERVED GROUP OWNS 94.3 PCT OF CONSIT ITALIA.TO ASSIGN 3.05 CERVED INFORMATION GROUP SHARES PER EACH SHARE HELD IN CONSIT ITALIA.TO CARRY OUT A CAPITAL INCREASE FOR THE NOMINAL AMOUNT OF UP TO EUR 71,206.00 TO INCORPORATE CONSIT ITALIA, CORRESPONDING TO UP TO 275,226 NO-PAR VALUE SHARES.TRANSACTIONS ARE EXPECTED TO BE COMPLETED BY MARCH 31, 2018 .

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