Passenger Transportation, Ground & Sea

Moody's downgrades Rossiyskiye zheleznye dorogi OAO ratings

Rossiyskiye zheleznye dorogi OAO:Moody's Investors Service has downgraded the senior unsecured issuer rating of the government-related issuer (GRI) Rossiyskiye zheleznye dorogi OAO (Russian Railways) and senior unsecured ratings of its outstanding debt instruments to Baa2 from Baa1.The outlook on...

Tuesday, 21 Oct 2014 09:05am EDT

Keifuku Electric Railroad Co Ltd raises consolidated mid-year outlook for FY 2015

Keifuku Electric Railroad Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 5,783 million yen from 5,700 million yen for FY ending March 2015.Operating profit forecast increased to 370 million yen from 290 million yen.Ordinary profit forecast increased to 353 million...

Tuesday, 21 Oct 2014 01:00am EDT

Shanghai Shentong Metro to set up joint venture

Shanghai Shentong Metro Co Ltd:To set up a joint venture in Shanghai, with five companies.The joint venture will be engaged in equity investment business, with a registration capital of 4,000 million yuan.The company will hold a 17.5 pct stake in the joint venture.

Monday, 20 Oct 2014 08:00pm EDT

Sansiri PCL updates on collaboration with BTS Group Holdings Public Company Limited

Sansiri PCL:Says it has approved to enter into the strategic alliance framework agreement with BTS Group Holdings PCL to exclusively partner together on the developments of the residential projects for sale located within a 500-meter radius of all rail mass transit stations.Approves the...

Wednesday, 15 Oct 2014 07:54pm EDT

Dazhong Transportation (Group) Co Ltd to set up joint venture with Shanghai Dazhong Public Utilities (group) Co Ltd

Shanghai Dazhong Public Utilities (group) Co Ltd:To invest 200 mln yuan to set up a financial leasing joint venture in Shanghai, with Fretum Construction & Engineering Enterprise Limited, Dazhong Transportation (Group) Co Ltd and top shareholder, a Shanghai-based managing company.To hold 40 pct...

Sunday, 12 Oct 2014 08:00pm EDT

BTS Group Holdings PCL to consider disposal of shares in two property subsidiaries

BTS Group Holdings PCL:Says Board has passed an important resolution to approve in principle for the company to consider a disposal of entire shares in two subsidiaries of the company that engage in the real estate business, namely BTS Assets Co., Ltd and Kamkoong Property Co., Ltd, to Natural Park...

Monday, 6 Oct 2014 02:41am EDT

PT Zebra Nusantara Tbk appoints new president commissioner and president director

PT Zebra Nusantara Tbk:Appoints Jopie Widjaja as the new President Commissioner, replacing H. Mulyadi effective Sept. 30.Appoints H. Mulyadi as the new President Director, replacing Agoes Soegiarto effective Sept. 30.

Sunday, 5 Oct 2014 08:00pm EDT

Avis Budget Group Inc reaffirms FY 2014, 2015 EBITDA guidance - Conference Call

Avis Budget Group Inc:Continues to expect FY 2014 EBITDA to be somewhere in the $860 million to $910 million range.Remains committed to achieving goal of $1 billion of EBITDA in FY 2015.FY 2014 EBITDA of $894 million - Thomson Reuters I/B/E/S.FY 2015 EBITDA of $1 billion - Thomson Reuters I/B/E/S.

Tuesday, 30 Sep 2014 01:10pm EDT

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