Acquisition, Voting Right Disclosure, Senior Level Appointment, Anniversary Celebration, and Product Launch - Analyst Notes on Mondi, Drax, Tate & Lyle, easyJet and Oxford
LONDON, June 26, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Earnings Review released its analysts' notes regarding Mondi Plc (LON: MNDI), Drax Group Plc (LON: DRX), Tate & Lyle PLC (LON: TATE), easyJet plc (LON: EZJ) and Oxford Instruments plc (LON: OXIG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4164-100free.
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Mondi Plc Analyst Notes
On June 4, 2014, Mondi Plc (Mondi) announced that the Company has agreed to acquire the bags and kraft paper business (the Business) of Graphic Packaging International Inc., a wholly owned subsidiary of Graphic Packaging Holding Company, for a total consideration of $105 million on a debt- and cash-free basis. According to Mondi, the Business generated sales of approx. $437 million in 12 months ended March 31, 2014 and has a production base comprising an integrated kraft paper mill located in Pine Bluff Arkansas and nine bags plants across the U.S. The Company plans to complete the acquisition by the end of Q2 2014 or in early Q3 2014, subject to certain completion conditions. David Hathorn, CEO, Mondi, said, "The combination of the Business with Mondi's existing network will create a leading bags player in North America and expand the Group's growing global footprint in this market." The full analyst notes on Mondi are available to download free of charge at:
http://earnings-review.com/4164-MNDI-26Jun2014.pdf
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Drax Group Plc Analyst Notes
On June 2, 2014, Drax Group Plc (Drax) disclosed the Company's issued share capital and total voting rights in accordance with the Disclosure and Transparency Rules provision 5.6.1R. Drax informed that as on May 31, 2014, the Company's issued share capital consisted of 404.8 million ordinary shares with voting rights. As of May 31, 2014, the Company held no shares in treasury. Drax informed that the issued share capital and Voting Rights have increased after allotting 85,801 new shares to satisfy the vesting exercise of share options in accordance with the rules of the Company's Savings-Related Share Option Plan. The full analyst notes on Drax are available to download free of charge at:
http://earnings-review.com/4164-DRX-26Jun2014.pdf
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Tate & Lyle PLC Analyst Notes
On June 24, 2014, Tate & Lyle PLC (Tate & Lyle) announced the appointment of Nick Hampton as the CFO and a member of the Company's Board with effect from September 1, 2014. Tate & Lyle informed that Nick Hampton will succeed Tim Lodge who will continue in his current role and as a Director of the Company till August 31, 2014. Nick Hampton joins Tate & Lyle from PepsiCo where he has served as President West Europe and Senior Vice President Commercial Europe since 2013. Javed Ahmed, CEO, Tate & Lyle said, "I am delighted to welcome Nick to Tate & Lyle. He brings with him a wealth of experience in the food and beverage industry and his strong expertise and knowledge will be highly complementary to our team. I very much look forward to working with him as we continue to execute our strategy." The full analyst notes on Tate & Lyle are available to download free of charge at:
http://earnings-review.com/4164-TATE-26Jun2014.pdf
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easyJet plc Analyst Notes
On June 16, 2014, easyJet plc (easyJet) celebrated the 15th anniversary of operations from Liverpool John Lennon Airport. easyJet opened its permanent base at Liverpool John Lennon Airport in June 1999, and has flown almost 15 million passengers from the airport since then. On this occasion, the Company welcomed 17 new cabin crew recruits who will join Liverpool and will work across 30 routes including Newquay and Menorca which return for the summer season. Alison Gayward, Commercial Manager for easyJet in Liverpool, said, "We're proud to celebrate our 15th anniversary at Liverpool John Lennon Airport, which was one of easyJet's original UK bases. Since that date our crew and pilots have helped almost 15 million passengers safely reach their destination on a network that now spans the UK and Europe." The full analyst notes on easyJet are available to download free of charge at:
http://earnings-review.com/4164-EZJ-26Jun2014.pdf
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Oxford Instruments plc Analyst Notes
On June 18, 2014, Oxford Instruments plc reported that its subsidiary Andor Technology Ltd. (Andor) launched DSD2 -- a compact, laser-free confocal module that can be fitted to most fluorescence microscopes, old and new. Further, the new DSD2 is equipped with the Andor sCMOS camera technology that delivers a large field of view and high dynamic range for stunning image quality. In addition, the DSD2 uses a broadband white light source instead of lasers that can image any fluor by selection of filters and is extremely cost-effective. Andor claims that its Revolution DSD2 produces high contrast, high quality 3D images every time, while the three confocal settings makes it ideal for fields such as developmental biology, neuroscience, embryology, and plant biology. The full analyst notes on Oxford are available to download free of charge at:
http://earnings-review.com/4164-OXIG-26Jun2014.pdf
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