1. Rank said it expects the credit facilities to be available in October, when the agreements with the banks are finalized. 2. Rank said it will create a holding company, The Rank Group Plc, whose shares will replace those of the current Rank Organisation. 3. Rank said its share of profit from the venture is higher. 4. Rank said in October that it was in talks with Trump. 5. Rank said its earnings in January have been satisfactory. 6. Rank said in August it will sell the stake and other assets to concentrate on leisure and entertainment businesses like the Hard Rock Cafe and Odeon Cinemas. 7. Rank said it will seek shareholder approval for the expansion. 8. Rank said that when a co-op is created, the co-op corporation becomes the owner of the building. 9. Rank said the acquisition will be earnings-neutral in the first full year of ownership and earnings-enhancing thereafter. 10. Rank also said operating profit in the first five months rose from the year-earlier period, mainly because of a one-off profit in its Precision Industries unit. |