Hotels, Motels & Cruise Lines
Dhanada Corporation Ltd:Appoints G.K Chandavarkar and Co., Chartered Accountants, as auditors.
Civeo Corp:Expects Q4 2014 revenues to be in the range of $200-$210 mln.Expects FY 2014 revenues to be in the range of $900 -$920 mln.Q4 2014 revenue of $248 mln - Thomson Reuters I/B/E/S.FY 2014 revenue of $956 mln - Thomson Reuters I/B/E/S.
Mahindra Holidays and Resorts India Ltd:Approves appointment of Kavinder Singh as Chief Executive Officer & Managing Director (CEO & MD) of the company.Singh’s appointment as CEO & MD will be effective from his date of joining the company, which will not be later than Nov. 04.
Banyan Tree Holdings Ltd:Incorporates the following company as part of its ongoing business development.Name of subsidiary is Banyan Tree Management (S) Pte. Ltd. (BTM).Says principal activity is hotel management.BTM is 100 pct held by BTH’s wholly-owned subsidiary, Banyan Tree Services Pte. Ltd.
Homair Vacances SA:Says Homair Investissement SAS, controlled by an investment fund advised by the Carlyle Group, has completed the acquisition of all the share capital of Iliade SAS.Says Iliade SAS, previously controlled by Montefiore Investment and Naxicap Partners, holds 82.93 pct of the shares in Homair Vacances.Says that following this agreement Homair Investissement has to acquire all Homair Vacances shares and warrants hold by associates of Iliade, representing 7.8 pct of Homair Vacances' share capital, and all other warrants issued by Homair Vacances.Says that following this operation, Homair Investissement holds 90.72 pct of share capital in Homair Vacances.Says Homair Investissement will launch a public tender offer followed by a squeeze-out for all shares in Homair Vacances, at a price of 8.70 euros per share.
Pakistan Services Ltd:Murtaza Hashwani has resigned as chief executive of company and Sadruddin Hashwani has been appointed as new chief executive with effect from Sept. 25.
Carnival Corp:Increased FY 2014 net revenue yields on a constant dollar basis to be in line with the prior year, from its previous guidance of down slightly.Increased FY 2014 non-GAAP diluted earnings per share to be in the range of $1.84 to $1.88, better than both June guidance of $1.60 to $1.75.Expects Q4 2014 constant dollar net revenue yields to be up 1.5 to 2.5 pct compared to the prior year.Expects Q4 2014 non-GAAP diluted earnings to be in the range of $0.15 to $0.19 per share versus 2013 non-GAAP earnings of $0.04 per share.Reported revenue of $15.453 bln in FY 2013 and revenue of $3.659 bln in Q4 2013.FY 2014 EPS of $1.75 - Thomson Reuters I/B/E/S.Q4 2014 revenue of $3.834 bln, EPS of $0.21 - Thomson Reuters I/B/E/S.