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16.06.26 - 11:45
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Warning: PACIFICTEXTILES Expects FY Net Profit to Drop to Up to HKD86 million (AAStocks)
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PACIFICTEXTILES (01382.HK) issued a profit warning, expecting revenue and gross profit for the fiscal year ended 31 March 2026 to decline YoY. Net profit is projected to range between approximately HKD80 million and HKD86 million, compared with nearly HKD168 million in the same period last year. The decline was mainly attributab......
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16.06.26 - 00:36
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Oasis Welcomes ISS and Glass Lewis Recommendations Supporting Board Accountability and Stronger Oversight at Kyocera (Business Wire)
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*ISS and Glass Lewis, the world's leading proxy advisory firms, recommend that Kyocera shareholders vote AGAINST the Company's proposal to re-elect Chairman Yamaguchi and in FAVOR of Oasis's shareholder proposal seeking his removal
*Both firms also recommended to vote FOR Kotaro Okamura as an independent director nominated by Oasis, recognising his extensive expertise in capital policy and portfolio management, which they believe is well suited to addressing the challenges facing Kyocera
*ISS also recommended voting FOR a share buyback of JPY350 billion proposed by Oasis, highlighting Kyocera's excessive net cash balance that represents more than 40% of its market capitalization and Kyocera's need to improve capital efficiency
*Oasis encourages shareholders to support a constructive reform agenda focussed on disciplined capital allocation, portfolio focus, independent oversight and sustainable value creation
More information available at abetterkyocera.comHONG KONG--(BUSINESS WIRE)--Oasis Management ...
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15.06.26 - 19:36
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An absurd illustration of Britain′s housing problem | Letters (The Guardian)
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Readers respond to an article about what was once the UK's most expensive house, which has lain empty for yearsGrand properties lying empty when we're in the midst of a housing crisis is ludicrous. Sam Wollaston's article about a homeless person sleeping in the portico of a £200m palace, which used to be terrace houses, is the most apt and absurd illustration of the UK's housing problem (It was Britain's most expensive house. Why is its only resident a homeless man who lives on the porch?, 10 June).For a long time, my partner and I lived in the affluent town of Henley-on-Thames. There, behind the famous Leander club, sat a sizeable disused property. Most days I'd drive past it on my way to work and lament that the pigeon-filled building wasn't occupied. It took over a decade before it was knocked down and the area finally developed; presumably somebody owned it for all that time and sat on it for whatever reasons. Continue reading......
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15.06.26 - 15:06
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Huge Names Angela Yang Chief Growth Officer (Business Wire)
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Yang brings 15 years of growth leadership, a record of outperforming new business targets, and the operational discipline to scale Huge's global client development practiceNEW YORK--(BUSINESS WIRE)--Huge, an independent AI-native design and technology company, today announced the appointment of Angela Yang as Chief Growth Officer, effective immediately. Yang reports to Huge CEO Josh Campo and joins the Huge management team, overseeing the company's Growth and Alliance organizations.
Yang brings more than 15 years of experience building and leading growth organizations at some of the industry's most recognized firms. She most recently served as Head of Growth at Fantasy, where she helped scale and operationalize new business. Previously, as EVP and Head of Growth at Razorfish, she led her team to year-over-year new business growth and record-setting win rates, consistently outperforming key targets and winning clients including Uber, PayPal, The Coca-Cola Company, Bath & Body Works, Helen of Troy and AM...
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15.06.26 - 10:45
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G Sachs: YIHAI INTL Fundamentals Remain Solid, Maintains Buy Rating (AAStocks)
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G Sachs issued a research report noting that YIHAI INTL (01579.HK) has seen a recent 13% share price pullback, which it believes was driven by excessive market concerns over raw material costs and volatility in non-operating items. The broker emphasized that the company's fundamental strength and earnings visibility remain solid......
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