LONDON, July 2, 2014 /PRNewswire/ --
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Today, Earnings Review released its analysts' notes regarding Mitchells & Butlers Plc (LON: MAB), Al Noor Hospitals Group Plc (LON: ANH), Land Securities Group Plc (LON: LAND), Sports Direct International Plc (LON: SPD) and ARM Holdings Plc (LON: ARM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4368-100free.
Mitchells & Butlers Plc Analyst Notes
On June 16, 2014, Mitchells & Butlers Plc (M&B) announced that it has acquired the majority of the activities of the Orchid Group, including 173 predominantly freehold pubs and the Orchid head office with a purchase price of £266 million, paid entirely in cash. M&B expects the acquisition to expand its share of the UK branded pubs and restaurants market, which is expected to grow by 6% per annum from 2014 to 2018. Alistair Darby, CEO, M&B, quoted, "The acquisition of the majority of the Orchid estate will accelerate Mitchells & Butlers' growth and present significant opportunities for value creation through cost savings, synergies and the conversion of Orchid pubs to Mitchells & Butlers brands. We greatly look forward to welcoming the Orchid employees who will transfer to Mitchells & Butlers as a consequence of this acquisition." The full analyst notes on M&B are available to download free of charge at:
Al Noor Hospitals Group Plc Analyst Notes
On June 27, 2014, the stock of Al Noor Hospitals Group Plc (Al Noor Hospitals) slipped 0.10%, closing the session at 994.50 pence. The Group's stock opened at 954.50 pence, and fluctuated within the range of 954.50 pence - 1,020.28 pence during the day. Al Noor Hospitals' stock has weakened by 1.75% in the last one month. The stock has a 52-week low of 576.50 pence and a 52-week high of 1,269.00 pence. Al Noor Hospitals is an integrated private healthcare service provider in the Emirate of Abu Dhabi. The full analyst notes on Al Noor Hospitals are available to download free of charge at:
Land Securities Group Plc Analyst Notes
On June 25, 2014, Land Securities Group Plc (Land Securities) announced that it has acquired a 30% stake in the Bluewater shopping centre, Kent for a cash consideration of £656 million from Lend Lease. Land Securities informed that it has acquired the full asset management rights for the centre and 110 acres of surrounding land for £40 million. The overall net initial yield after expiry of rent free periods is 4.1%. As per the Company, Lend Lease Retail Partnership owns 25% of the asset, M&G Real Estate and GIC own 35% and Hermes and Aberdeen Asset Management control 10%. Scott Parsons, Managing Director, Retail Portfolio, Land Securities, said, "The acquisition of this interest in Bluewater is part of the continued strategic shift of our retail portfolio towards dominance, experience and convenience." The full analyst notes on Land Securities are available to download free of charge at:
Sports Direct International Plc Analyst Notes
On June 30, 2014, Sports Direct International Plc (Sports Direct) - UK's leading sports retailer, issued a press release clarifying a recent trade speculation. As per the release, Sports Direct confirmed that it is not considering an offer to acquire OFFICE - one of the UK's leading specialist footwear retailers, notwithstanding recent speculation. Sports Direct stated that such speculation is unhelpful to the customers, staff, suppliers and other stakeholders of both companies. The full analyst notes on Sports Direct are available to download free of charge at:
ARM Holdings Plc Analyst Notes
On June 27, 2014, shares of ARM Holdings Plc (ARM) rose 0.63% from its previous day's close, ending the trading session at 881.50 pence. ARM's stock opened at 876.00 pence, and oscillated between 873.50 pence - 886.00 pence during the session. The Company's stock has lost 4.29% during the past one month. ARM designs microprocessors, physical intellectual property (IP) and related technology and software, and sells development tools. ARM will participate in the Brains Eden 2014 Gaming Festival at the Anglian Ruskin University Cambridge Campus, in Cambridge, UK to be held on July 4, 2014 - July 7, 2014. The Company will also announce its Q2 2014 and H1 2014 financial results on July 22, 2014. The full analyst notes on ARM are available to download free of charge at:
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