Carnival plc (ADR) (NYSE:CUK), the cruise company said late Tuesday that it has signed a memorandum of understanding with China State Shipbuilding to explore the possibility of a joint venture. The venture is aimed at accelerating the development and growth of the Chinese cruise industry, expected to be one of the largest cruise markets in the world with 4.5 million passengers by 2020, according to the Chinese Ministry of Transport (MOT). The MOU includes the possibility of a shipbuilding joint venture that could become a three-way arrangement involving Fincantieri of Italy."This landmark agreement enables us to work closely with our partners at the CSSC to fully explore the possibility of forming a joint venture to further develop China into a leading cruise market, supporting local economic development and bringing vacation enjoyment to millions. We look forward to getting to work and lending the expertise of many talented people across Carnival Corporation," said CEO Arnold Donald. Carnival plc (ADR) (NYSE:CUK) shares recently traded at $35.46 with a 52-week spread of $32.71 - $42.77.Dominion Diamond Corp (NYSE:DDC) Tuesday after market reported its production results from Diavik Diamond mine for Q3 ended September 30, along with its production guidance for full-year 2014. The diamond miner said Q3 production totaled 0.56 million processed tonnes, a little changed compared to 0.55 million tonnes processed in the prior-year period. Carats recovered were 1.67 million, same with last year. For full-year 2014, Dominion Diamond Corp (NYSE:DDC) expects production of two million mined tonnes compared to the previous plan of 1.9 million tonnes. It also anticipates 2.2 million processed tonnes and 6.5 million carats recovered. Previously, it is projecting 1.9 million processed tonnes and 6.1 million carats recovered.Mergeworthrx Corp (NASDAQ:MWRX), a special purpose acquisition company focused on the U.S. healthcare services market, said Wednesday that it has signed a definitive merger agreement to acquire privately-held AeroCare Holdings, Inc., a home respiratory therapy services provider. Under the deal, AeroCare will become a publicly traded company through an all-stock merger with MWRX. The transaction, when consummated, will provide the post-merger company with additional capital as well as public company currency to enhance and expand its organic growth initiatives and for future strategic transactions.Mergeworthrx Corp (NASDAQ:MWRX) will issue 11.3 million new shares and 0.5 million options to existing AeroCare stockholders at closing, resulting in AeroCare's existing stockholders owning 53% (on a fully-diluted basis) of the post-merger company, assuming no shareholder redemptions. In addition, existing AeroCare stockholders have the right to receive up to $30 million of additional shares of MWRX common stock, at a price per share of $8.36, under a three-year earn-out period subject to certain adjusted EBITDA targets being achieved.
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