Edition:
India
Page 1

Arabia Investments Holding Q3 Consol Profit Falls

Sunday, 17 Nov 2019

Nov 17 (Reuters) - ARABIA INVESTMENTS HOLDING ::NINE-MONTH CONSOL NET PROFIT EGP 40.5 MILLION VERSUS EGP 64.3 MILLION YEAR AGO.Q3 CONSOL NET PROFIT EGP 7.4 MILLION VERSUS EGP 14 MILLION YEAR AGO.Q3 CONSOL TOTAL REVENUE EGP 320.9 MILLION VERSUS EGP 315.6 MILLION YEAR AGO.STRONG Q4 PERFORMANCE IS EXPECTED DRIVEN BY NBFS.NET INCOME GUIDANCE FOR 2019 IS REVISED TO EGP 60+ MILLION SUBJECT TO FX GAINS/LOSSES,PROVISIONS AND LEGACY ISSUES.

Adage Capital Partners Ups Share Stake In GE, Nike and AMD

Thursday, 14 Nov 2019

Nov 14 (Reuters) - Adage Capital Partners :ADAGE CAPITAL PARTNERS GP UPS SHARE STAKE IN GENERAL ELECTRIC BY 48.6% TO 10.8 MILLION SHARES.ADAGE CAPITAL PARTNERS GP UPS SHARE STAKE IN NIKE BY 30.1% TO 1.2 MILLION CLASS B SHARES.ADAGE CAPITAL PARTNERS GP UPS SHARE STAKE IN ALLERGAN PLC TO 6.4 MILLION FROM 375,399 SHARES.ADAGE CAPITAL PARTNERS GP UPS SHARE STAKE IN ADVANCED MICRO DEVICES BY 26.7% TO 1.3 MILLION SHARES.ADAGE CAPITAL PARTNERS GP UPS SHARE STAKE IN CONOCOPHILLIPS BY 49.6% TO 1.4 MILLION SHARES.ADAGE CAPITAL PARTNERS GP UPS SHARE STAKE IN SALESFORCE COM BY 44.7% TO 1.1 MILLION SHARES.ADAGE CAPITAL PARTNERS GP CUTS SHARE STAKE IN PAYPAL BY 19.3% TO 1.3 MILLION SHARES.ADAGE CAPITAL PARTNERS GP LLC - CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2019 AND COMPARED WITH PREVIOUS QUARTER ENDED AS OF JUNE 30, 2019.

Alliance Global Group Posts 9-Mth Net Income Of 19.3 Bln Pesos Versus 18.7 Bln Pesos

Thursday, 14 Nov 2019

Nov 14 (Reuters) - Alliance Global Group Inc ::9-MONTH NET INCOME OF 19.3 BILLION PESOS VERSUS 18.7 BILLION PESOS.9-MONTH CONSOL REVENUE OF 127.0 BILLION PESOS VERSUS 108.8 BILLION PESOS.

Mutares Wins Bid And Buys Q-Logistics

Monday, 28 Oct 2019

Oct 28 (Reuters) - MUTARES AG ::INDUSTRIAL HOLDING MUTARES WINS BID AND ACQUIRES Q-LOGISTICS, A SUBSIDIARY OF AUSTRIAN FEDERAL RAILWAYS.CLOSING OF ACQUISITION EXPECTED FOR END OF 2019/ BEGINNING OF 2020.

Siam Cement Posts Q3 Consolidated Profit 6,204 Mln Baht

Monday, 28 Oct 2019

Oct 28 (Reuters) - Siam Cement PCL ::SIAM CEMENT PCL - Q3 CONSOLIDATED PROFIT 6,204 MILLION BAHT, DOWN 35%.SIAM CEMENT PCL - Q3 CONSOLIDATED REVENUE FROM SALES DOWN 10% TO 110,330 MILLION BAHT.

Industries Qatar 9-Month Profit Falls

Sunday, 27 Oct 2019

Oct 27 (Reuters) - INDUSTRIES QATAR ::NINE-MONTH NET PROFIT 2 BILLION RIYALS VERSUS 3.8 BILLION RIYALS YEAR AGO.

Keppel Corporation -Refers To Pre-Conditional Partial Offer Announcement Made By Morgan Stanley Asia For And On Behalf Of Kyanite Investment Holdings

Friday, 25 Oct 2019

Keppel Corporation Ltd ::KEPPEL CORPORATION -REFERS TO PRE-CONDITIONAL PARTIAL OFFER ANNOUNCEMENT MADE BY MORGAN STANLEY ASIA FOR AND ON BEHALF OF KYANITE INVESTMENT HOLDINGS.KEPPEL CORPORATION LTD - LIM SIEW HWA HAS DISPOSED OF 5,000 SHARES AT A CONSIDERATION OF S$6.80 PER SHARE.

Itw Reports Third Quarter 2019 Results

Friday, 25 Oct 2019

Oct 25 (Reuters) - Illinois Tool Works Inc ::ITW REPORTS THIRD QUARTER 2019 RESULTS.SEES FY 2019 EARNINGS PER SHARE $7.55 TO $7.85.Q3 GAAP EARNINGS PER SHARE $2.04.Q3 REVENUE $3.5 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.54 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $1.94 -- REFINITIV IBES DATA.MAINTAINING FULL-YEAR EPS GUIDANCE RANGE OF $7.55 TO $7.85.COMPANY EXPECTS FY 2019 ORGANIC REVENUE DOWN ONE TO THREE PERCENT, AND OPERATING MARGIN OF APPROXIMATELY 24 PERCENT.FY2019 EARNINGS PER SHARE VIEW $7.61, REVENUE VIEW $14.22 BILLION -- REFINITIV IBES DATA.ILLINOIS TOOL WORKS - Y-O-Y HEADWINDS FROM FOREIGN CURRENCY TRANSLATION IMPACT, HIGHER RESTRUCTURING EXPENSES EXPECTED TO IMPACT 2019 EPS ABOUT $0.30."DEMAND ENVIRONMENT CONTINUED TO MODERATE ACROSS A BROAD CROSS SECTION OF OUR PORTFOLIO" IN QUARTER.

3M Sees 2019 Organic Growth In China Down Mid-Single Digits - Conf Call

Thursday, 24 Oct 2019

Oct 24 (Reuters) - 3M Co ::3M CO EXPECTS ORGANIC GROWTH IN CHINA TO BE DOWN MID-SINGLE DIGITS IN 2019 - CONF CALL.3M CO SAYS WHILE SELLING PRICES WERE LOWER THAN EXPECTED IN Q3, CO’S SOURCING EFFORTS REDUCED RAW MATERIAL COST RESULTING IN A NET BENEFIT, WHICH IS EXPECT TO CONTINUE GOING FORWARD.3M CO SAYS RAISING EXPECTATIONS FOR 2019 FREE CASH FLOW CONVERSION TO A RANGE OF 105% TO 110% VERSUS 95% TO 105% PREVIOUSLY.3M CO SAYS CAPITAL EXPENDITURES REMAIN ON TRACK TO BE IN THE RANGE OF $1.6 BILLION TO $1.7 BILLION FOR THE YEAR.3M CO SAYS ANTICIPATE Q4 EPS IN THE RANGE OF $2.05 TO $2.15 AND AN ORGANIC SALES DECLINE OF 1% TO 3%.3M CO SAYS CO TESTIFIED BEFORE A CONGRESSIONAL SUBCOMMITTEE IN WASHINGTON IN SEPT. AND REMINDED THE COMMITTEE THAT SCIENTIFIC EVIDENCE DOES NOT SHOW PFAS CAUSING ADVERSE HUMAN HEALTH EFFECTS AT CURRENT OR HISTORICAL LEVELS.3M'S POSITION ON PFAS IS SHARED BY PUBLIC HEALTH AGENCIES AND INDEPENDENT SCIENCE REVIEW PANELS.3M SAYS CHANNEL RESPONSE TO DECLINE IN DEMAND IN AUTOMOTIVE AND ELECTRONICS MORE BROADLY TOOK PLACE IN H1 2019, BUT 3M SAW ADDITIONAL ADJUSTMENTS, A BIG PART OF THAT IN CHINA IN Q3.3M SAYS, ABSENT A RECESSION AND SOME OTHER MAJOR DOWNTURN IN THE MARKETS IN 2020, CO EXPECTS TO HAVE POSITIVE GROWTH ACROSS BUSINESSES.WITH RESPECT TO FOUR END MARKETS IN ELECTRONICS, 3M SAYS CONSUMER ELECTRONICS SAW SOFTNESS CONTINUE TO COME THROUGH IN Q3.

Markets

  • Sectors
  • Asia
  • U.S.
  • Europe

Sector Summary