Avis Budget Group announced a recent increase in retail car rental rates of $3.00 per day and $20.00 per week, effective December 1, 2008, applicable to all airport and selected off-airport rentals in the U.S. other than those covered by corporate account agreements or other special arrangements.
The new rate increase is the latest in [...]
MGM MIRAGE announced that its Board of Directors has elected James J. Murren as the Company’s Chairman and Chief Executive Officer, effective December 1, 2008. J. Terrence Lanni will continue as a member of the Board and will join the Diversity Committee.
“I am honored to have been chosen to lead this remarkable company,” said [...]
MGM MIRAGE and Asian Coast Development Ltd. (ACDL) announced plans to develop the MGM Grand Ho Tram — Vietnam’s first “Las Vegas style” integrated resort. ACDL will own and finance the project, and MGM MIRAGE will provide development assistance, brand equity and operate the five-star integrated resort property upon completion.
MGM Grand Ho Tram will anchor [...]
ZTE USA, Inc. a subsidiary of ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, and Qualcomm Incorporated, a leading developer and innovator of advanced wireless technologies and data solutions, today announced their collaboration with Aircell® to create the networking platform for Aircell’s new Inflight Internet service, Gogo®, which first began service [...]
MGM MIRAGE management will make a Company presentation today at the Global Gaming Investment Forum sponsored by Goldman Sachs and Deutsche Bank in Las Vegas, Nevada. A complete copy of the presentation will be available by visiting our web site at http://www.mgmmirage.com.
MGM MIRAGE one of the world’s leading and most respected development companies with [...]
Pinnacle Entertainment management will present at the following upcoming investor conferences: the Gaming Investment Forum (held in conjunction with the Global Gaming Expo) on November 18 in Las Vegas, NV; and the Bank of America 2008 Credit Conference on November 20 in Orlando, FL. A copy of each presentation will be accessible at the [...]
Frommer’s®, the market leader in travel content for more than 50 years and a branded imprint of John Wiley & Sons, Inc., announced today the launch of Frommer’s Unlimited, a business-to-business service that will deliver customized, comprehensive Frommer’s travel content and entertainment information to industry leaders worldwide.
An innovator in travel content, the extensive services of [...]
MGM MIRAGE announced today that it has priced a private offering of $750 million principal amount of 13% Senior Secured Notes due November 2013 at a price of 93.132%. The transaction is expected to close on November 14, 2008. The notes will rank as general senior obligations of MGM MIRAGE, will be guaranteed by [...]
Exploring the world with its diverse cultures can be an intimidating experience. Undaunted, author Arlene Pullen visited many places around the world and discovered many new things as she interacted with the people. Readers can finally share what she learned as Xlibris releases her new book, The Penguins Ate My Postcards.
The Penguins Ate My Postcards [...]
The American Association of Airport Executives (AAAE) has been awarded a five-year contract to provide on-site classroom and customized video training to airport employees at the Port Authority of New York and New Jersey (PANYNJ). The courses will be available to employees at three PANYNJ airports: John F. Kennedy, LaGuardia and Newark Liberty.
The deal, which [...]
This week former U.S. Secretary of State General Colin L. Powell (Ret.) told a ballroom-sized crowd assembled for the annual Turnaround Management Association’s (TMA) conference in a post- Katrina New Orleans his axiom, “If you have 40 to 70 percent of the information, you probably have what you need. Take a chance, do something. Go [...]
Wyndham Worldwide Corporation announced results for the three months ended September 30, 2008.
HIGHLIGHTS:
* Third quarter reported EPS grew by 23%, or 11% on an adjusted basis. Third quarter 2008 net income was $142 million, or $0.80 diluted earnings per share. Adjusted net income, excluding $6 million after-tax in legacy items and [...]
