Passenger Transportation, Ground & Sea

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Jiangxi Changyun to sell stake in Jian-based company

Thursday, 20 Nov 2014 07:00pm EST

Jiangxi Changyun Co Ltd:To sell 40 pct stake in Jian-based micro loans company (target company).Transaction price of 49,974,100 yuan.To hold 0 pct in the target company, after the transaction.

Hertz Global Holdings Inc appoints John P. Tague President And Chief Executive Officer

Thursday, 20 Nov 2014 05:06pm EST

Hertz Global Holdings Inc:Announces that John P. Tague has been appointed President and Chief Executive Officer and to the company's Board of Directors, effective Nov. 21.

Avis Budget Group Inc completes acquisition of Budget Licensee for Southern California and Las Vegas

Wednesday, 19 Nov 2014 06:54pm EST

Avis Budget Group Inc:Says that it has completed its previously announced acquisition of its Budget Car Rental licensee for Southern California and Las Vegas.Says the licensee acquired operates directly at Los Angeles International and Bob Hope Burbank airports, as well as numerous local market locations throughout the Los Angeles metropolitan area.Says the acquisition was funded primarily with the proceeds from a $175 million offering of 5.50 pct. senior notes due 2023, issued with a yield to maturity of 5.56 pct., which the company completed earlier this month.

eHi Car Services Ltd announces pricing of initial public offering

Tuesday, 18 Nov 2014 08:04am EST

eHi Car Services Ltd:Says initial public offering of 10,000,000 American depositary shares, each representing two Class A common shares of the company, was priced at $12.00 per ADS.Says ADSs will begin trading on the New York Stock Exchange on Nov. 18, under the ticker symbol EHIC.Says all of the 10,000,000 ADSs in the offering are offered by eHi.Underwriters have been granted a 30-day over-allotment option to purchase up to an additional 1,500,000 ADSs from eHi.Expects to receive gross proceeds of about $120.0 mln from the offering at closing.J.P. Morgan Securities LLC and Goldman Sachs (Asia) L.L.C. acted as joint book runners for the offering.

Sixt SE comments on FY 2014 outlook

Tuesday, 18 Nov 2014 01:28am EST

Sixt SE:Says substantial revenue and earnings improvement also expected for full fiscal year 2014.Forecasts an increase in consolidated operating revenues in FY 2014, which it expects to be in higher single-digit percentage range compared to last year.FY 2013 reported revenue 1.665 billion euros, net income 94.82 million euros.FY 2014 revenue estimate 1.740 billion euros, net income estimate 103.86 million euros - Thomson Reuters I/B/E/S.

Hertz Global Holdings Inc gives FY 2014 EBITDA outlook below analysts' estimates

Friday, 14 Nov 2014 07:12am EST

Hertz Global Holdings Inc:Expects FY 2014 Corporate EBITDA to be in a range of $1.30 -$1.45 bln, which reflects the impact of adjustments identified to date related to the Company's ongoing accounting review.FY 2014 EBITDA of $1.97 bln - Thomson Reuters I/B/E/S.

Tide ASA gives FY 2014 guidance

Tuesday, 11 Nov 2014 03:00am EST

Tide ASA:Sees to report profit for FY 2014.

MEITO TRANSPORTATION CO LTD amends consolidated full-year outlook for FY 2015

Tuesday, 11 Nov 2014 02:45am EST

MEITO TRANSPORTATION CO LTD:Says the company amended the consolidated full-year outlook for the FY ending March 2015.Revenue forecast increased to 58,000 million yen from 56,700 million yen.Operating profit forecast decreased to 450 million yen from 600 million yen.Ordinary profit forecast decreased to 500 million yen from 700 million yen.Net profit forecast decreased to 250 million yen from 400 million yen.Earnings per share decreased to 23.29 yen from 37.28 yen.Comments that increased productivity and increased expense and cost are the main reasons for the forecast.

Shinki Bus Co Ltd to merge with subsidiary

Monday, 10 Nov 2014 11:00pm EST

Shinki Bus Co Ltd:To merge with wholly owned subsidiary, which is engaged in taxi business, on Dec. 31.


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Sector Summary

Analyst Research

Report Title Price
Provider: Edison Investment Research
Provider: Zacks Investment Research Inc.
Provider: Zacks Investment Research Inc.
Provider: GlobalData
Provider: Reuters Investment Profile

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