Approvals, Block Listing, Awards & Accolades, Divestitures, and Exhibitions - Analyst Notes on Standard Chartered, Compass, Travis Perkins, Unilever and UBM
Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 25, 2014 /PRNewswire/ --
Today, Earnings Review released its analysts' notes regarding Standard Chartered PLC (LON: STAN), Compass Group plc (LON: CPG), Travis Perkins plc (LON: TPK), Unilever plc (LON: ULVR) and UBM Plc (LON: UBM). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4104-100free.
--
Standard Chartered PLC Analyst Notes
On June 19, 2014, Standard Chartered Bank (China) Limited, a part of Standard Chartered PLC (Standard Chartered), announced that it has received approval from the People's Bank of China to be one of the first market-makers for direct trading between the RMB and the GBP on the interbank foreign exchange market. Commenting on the approval, Jerry Zhang, Standard Chartered China CEO, said, "RMB/GBP direct convertibility marks another milestone in the process of RMB internationalization, and is key to the advancement of economic and trade relation between China and the UK. Standard Chartered China is honored to become one of the first market-makers for direct trading between the RMB and the GBP immediately following the announcement of China Foreign Exchange Trade System, and to continuously contribute to the internationalization of the RMB and the development of economic and trade ties between China and the UK." The full analyst notes on Standard Chartered are available to download free of charge at:
http://earnings-review.com/4104-STAN-25Jun2014.pdf
--
Compass Group plc Analyst Notes
On June 19, 2014, Compass Group plc (Compass) announced that it has made an application to the UK Listing Authority and the London Stock Exchange for a block listing of 12.5 million ordinary shares of 10 pence each to be admitted to the Official List. The Company informed that the new shares, which will be issued in connection with the future exercise of options granted and awards made under the terms of the Company's share plans, will rank pari-passu with the existing ordinary shares of the Company. Specifically, the 4.5 million shares will be issued in respect of the Compass Group Share Option Plan 2010 and a further 4.0 million shares in respect of each of the Compass Group Management Share Option Plan and the Compass Group Long Term Incentive Plan. The full analyst notes on Compass are available to download free of charge at:
http://earnings-review.com/4104-CPG-25Jun2014.pdf
--
Travis Perkins plc Analyst Notes
On May 28, 2014, Managed Services, a division of the Travis Perkins plc (Travis Perkins), announced that it has been named as The Housing Excellence Awards Supplier of the Year at a gala event on May 14, 2014. Managed services offer customized solutions by providing a single source supply chain for all repair and maintenance needs of social housing associations. Ian Church, Managing Director of Travis Perkins Group Managed Services, said, "Our organization strives to set the standard for best practice in the repair and maintenance sectors, and we are extremely proud to win this award. Travis Perkins Group Managed Services is committed to helping housing associations, local councils and other organizations reduce inconvenience to residents needing repairs by shortening waiting times and increasing the efficiency of scheduled property refurbishments - even saving costs, in some cases, by cutting downtime between tenancies." The full analyst notes on Travis Perkins are available to download free of charge at:
http://earnings-review.com/4104-TPK-25Jun2014.pdf
--
Unilever plc Analyst Notes
On May 22, 2014, Unilever plc (Unilever) announced the signing of an agreement for the sale of its North America pasta sauces business under the Ragu and Bertolli brands to Mizkan Group for a total cash consideration of around $2.15 billion. Subject to regulatory approval, the transaction is expected to close by the end of June 2014. Under the terms of the agreement, the sale includes two production facilities - a sauce processing and packaging facility in Owensboro, Kentucky, and a tomato processing facility in Stockton, California. Commenting on the transaction, Kees Kruythoff, President of Unilever North America, said, "This sale represents one of the final steps in reshaping our portfolio in North America to deliver sustainable growth for Unilever, and enables us to sharpen our focus within our foods business." The full analyst notes on Unilever are available to download free of charge at:
http://earnings-review.com/4104-ULVR-25Jun2014.pdf
--
UBM Plc Analyst Notes
On June 18, 2014, UBM Plc (UBM) announced that its affiliate UBM Asia will expand its series of professional trade fairs with the launch of Mineral & Gem Asia, to be held from June 27 to June 30, 2015 at the AsiaWorld-Expo, Hong Kong. The exhibition, where a variety of gems will be on offer, will serve as international trading platform for suppliers and buyers from various fields such as geology, mineralogy, architecture, interior design, art gallery, museum, loose gem traders. Wolfram Diener, Senior Vice President of UBM Asia, said, "We feel that the time is ripe for a new truly international event in Asia exclusively on minerals, fossils, rough gemstones and decorative stones. In Europe, there is The Munich Show, and in the U.S., there's the Tucson Gem & Mineral Show. We will launch what's destined to be one of the premier mineral and gemstone shows in the region." The full analyst notes on UBM are available to download free of charge at:
http://earnings-review.com/4104-UBM-25Jun2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] earnings-review.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] earnings-review.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] earnings-review.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Earnings Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Earnings Review in this article or report according to the procedures outlined by Earnings Review. Earnings Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Earnings Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Earnings Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Earnings Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Earnings Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Earnings Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Earnings Review
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article