Additional Listings, Acquisitions, Technical Updates, and Changes in Board Committee - Analyst Notes on Brewin Dolphin, M&C, Rank Group, RIT Capital and Spirax-Sarco
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LONDON, July 3, 2014 /PRNewswire/ --
Today, Earnings Review released its analysts' notes regarding Brewin Dolphin Holdings plc (LON: BRW), Millennium & Copthorne Hotels plc (LON: MLC), Rank Group PLC (LON: RNK), RIT Capital Partners plc (LON: RCP) and Spirax-Sarco Engineering plc (LON: SPX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4420-100free.
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Brewin Dolphin Holdings plc Analyst Notes
On June 26, 2014, Brewin Dolphin Holdings plc (Brewin Dolphin) reported that an application was made to the UK Listing Authority and the London Stock Exchange for 307,498 ordinary shares of 1p each to be admitted to the Official List and to trading. The shares were issued at a price of £3.08 pence per share pursuant to deferred consideration payments in relation to the acquisition of Investment Management businesses by Brewin Dolphin Limited, the principal operating company. The full analyst notes on Brewin Dolphin are available to download free of charge at:
http://earnings-review.com/4420-BRW-03Jul2014.pdf
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Millennium & Copthorne Hotels plc Analyst Notes
On June 13, 2014, Millennium & Copthorne Hotels plc (M&C) announced the completion of acquisition of New York Times Square, a 34 storey building located in Manhattan's theatre district. The building contains the 480-room Novotel New York Times Square hotel, small office and retail space and a penthouse apartment. The Company stated that the hotel will continue to be operated under the Novotel brand by an affiliate of Accor SA under a long-term management agreement. The full analyst notes on M&C are available to download free of charge at:
http://earnings-review.com/4420-MLC-03Jul2014.pdf
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Rank Group PLC Analyst Notes
On June 30, 2014, the stock of Rank Group PLC (Rank Group) continued its southward journey for the third consecutive session, closing at 166.87 pence, down by 1.84% than the previous close on June 27, 2014. The Company's stock opened at 169.60 pence, and fluctuated within the range of 165.50 pence - 169.70 pence during the day. The Company's stock gained 3.97% over the past month of trading while the FTSE 100 lost 1.47% over the same period. Reuters reported on June 26, 2014 that Group founder Graeme Hart is mulling options for his U.S. auto parts businesses, which he acquired for nearly $2 billion in 2011. According to Reuters, Rank Group has spoken to investment banks in recent weeks about potentially selling two automotive aftermarket companies -- UCI International Ltd and FRAM Group Holdings Inc. The full analyst notes on Rank Group are available to download free of charge at:
http://earnings-review.com/4420-RNK-03Jul2014.pdf
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RIT Capital Partners plc Analyst Notes
On June 30, 2014, RIT Capital Partners plc (RIT Capital) announced that Lord Douro has stepped down as a member of the Audit and Risk Committee of the Company following the recent appointment of John Makinson. The full analyst notes on RIT Capital are available to download free of charge at:
http://earnings-review.com/4420-RCP-03Jul2014.pdf
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Spirax-Sarco Engineering plc Analyst Notes
On June 30, 2014, the stock of Spirax-Sarco Engineering plc (Spirax-Sarco) gained 0.22% to close trading at 2,733.0 pence. The Company's stock opened at 2,731.00 pence, and fluctuated within the range of 2,722.00 pence - 2,746.00 pence during the day. The Company's stock lost 5.61% over the past one month, as compared to the decline of 1.47% in FTSE 100 over the same period. The full analyst notes on Spirax-Sarco are available to download free of charge at:
http://earnings-review.com/4420-SPX-03Jul2014.pdf
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