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HNZ Group Inc. to be acquired by president and CEO Don Wall and Phi Inc.

Tuesday, 31 Oct 2017 07:35am EDT

Oct 31 (Reuters) - HNZ Group Inc. :HNZ Group Inc. To be acquired by president and CEO don wall and Phi, Inc..HNZ Group Inc. - ‍shareholders to receive cad$18.70 in cash per share​.HNZ Group Inc. - ‍arrangement values HNZ at approximately CAD$242.4 million​.HNZ Group - CEO ‍Don Wall, through a wholly-owned acquisition co, to acquire all of issued and outstanding common and variable voting shares of co.Says ‍arrangement has also been approved unanimously by board of directors of Phi​.HNZ Group-under deal, Phi to acquire from canadian purchaser part of Co's offshore business in New Zealand, Australia, Philippines, Papua New Guinea​.HNZ Group-‍termination fee of C$6.5 million payable to Phi & expense reimbursement fee of up to C$1 million payable to canadian purchaser in some circumstances​.HNZ Group Inc. - ‍acquisition to occur by way of a statutory plan of arrangement.

Finnair Q3 operational profit above expectations at EUR 118.9 mln

Wednesday, 25 Oct 2017 02:00am EDT

Oct 25 (Reuters) - FINNAIR OYJ ::Q3 TURNOVER EUR ‍735.4​ MILLION (REUTERS POLL EUR 726 MILLION).Q3 OPERATIONAL PROFIT EUR ‍118.9​ MILLION (REUTERS POLL EUR 99.2 MILLION)."BEST QUARTER IN FINNAIR'S HISTORY"​.‍OUTLOOK UNCHANGED​.SAYS ‍WILL INCREASE OFFERING TO LAPLAND BY OVER A FIFTH FROM LAST WINTER​.SAYS ‍FUTURE GROWTH AND BUSINESS DEVELOPMENT WILL ALSO BE BACKED BY ABOUT 1,000 NEW EMPLOYEES​.

United Continental Holdings reports Q3 EPS ex-special charges of $2.22

Wednesday, 18 Oct 2017 04:15pm EDT

Oct 18 (Reuters) - United Continental Holdings Inc ::Quarterly earnings per share excluding special charges $2.22.Quarterly revenue $9.9 billion.Q3 earnings per share view $2.16, revenue view $9.88 billion -- Thomson Reuters I/B/E/S.Quarterly PRASM down 3.7 percent, including about a point of impact from storms.Says storm's impact on quarterly results was $185 million on pre-tax income and $210 million on revenue.Sees Q4 pre-tax margin 3 percent to 5 percent.Sees Q4 PRASM down 1 percent to down 3 percent.Sees Q4 capacity growth of 3.5 percent.Sees Q4 CASM ex fuel, profit sharing & third-party business expenses up 2.5 percent - 3.5 percent.

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