Leadership Changes, Repurchase Programs, Meetings, Agreements, and Contracts - Analyst Notes on Cepheid, Mentor Graphics, AutoNavi, Tyler Technologies and Itron
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NEW YORK, June 18, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Cepheid (NASDAQ: CPHD), Mentor Graphics Corp. (NASDAQ: MENT), AutoNavi Holdings Limited (NASDAQ: AMAP), Tyler Technologies, Inc. (NYSE: TYL) and Itron, Inc. (NASDAQ: ITRI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3828-100free.
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Cepheid Analyst Notes
On June 9, 2014, Cepheid announced the appointment of Mr. Peter Farrell as Executive Vice President of International Commercial Operations while Philippe Jacon is transitioning to the role of President of HBDC, which was previously held by Paul Steuperaert, who will now be focusing on the Company's sub-Saharan African business, effective immediately. "By the end of 2014, Cepheid expects to have 20 Xpert® tests available for international customers, and we are confident that Peter is the right leader both to continue to drive our current international commercial markets but also to accelerate our time to revenue in some newer, high-potential geographies, " said John Bishop, Cepheid's Chairman and CEO. "I am also very pleased that Paul Steuperaert has agreed to transition into retirement with an interim role in sub-Saharan Africa. Paul's work on building our HBDC business to more than $65 million in a little over three years has been outstanding, and I am confident that Philippe will build on this success and drive further global adoption of our GeneXpert®system in the HBDC community." The full analyst notes on Cepheid are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/CPHD/report.pdf
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Mentor Graphics Corp. Analyst Notes
On June 12, 2014, Mentor Graphics Corp. (Mentor) announced that a new three-year share repurchase program of up to $200 million has been authorized by its Board of Directors. Walden C. Rhines, Chairman and CEO of Mentor, said, "This new repurchase program continues the company's balanced approach to capital deployment. Mentor continues to do selective acquisitions, we initiated a quarterly cash dividend in March 2013 that we just recently increased, and we continue our program of share repurchases with this new authorization. Since March 2011, Mentor has repurchased approximately $220 million of stock in the open market and declared over $30 million of cash dividends to shareholders." The full analyst notes on Mentor Graphics are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/MENT/report.pdf
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AutoNavi Holdings Limited Analyst Notes
On June 13, 2014, AutoNavi Holdings Limited (AutoNavi) announced that it has called an extraordinary general meeting of shareholders (EGM), which will be held at 42/F, Edinburgh Tower, The Landmark, 15 Queen's Road Central, Hong Kong, on July 16, 2014 at 10:00 a.m. (Hong Kong Time). The Company informed that shareholders at the meeting will consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger dated April 11, 2014 by and among Alibaba Investment Limited, Ali ET Investment Holding Limited, and AutoNavi, the plan of merger and the transactions contemplated thereby, including the merger. According to the Company, shareholders of record as of the close of business in the Cayman Islands on July 2, 2014 will be entitled to vote at the EGM. The full analyst notes on AutoNavi are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/AMAP/report.pdf
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Tyler Technologies, Inc. Analyst Notes
On June 12, 2014, Tyler Technologies, Inc. (Tyler) announced that the Superior Court of California, County of Butte, has signed a five-year software as a service (SaaS) agreement for the Company's Odyssey® court case management software solution to maximize court resources and increase public access to information. "Butte Superior Court is pleased to move forward with Tyler to obtain their Odyssey case management system; the contemporary and sophisticated features of this case management solution will allow our court to further realize our goal of enhanced access to justice for the community we serve," said Butte Superior Court Executive Officer Kimberly Flener. The full analyst notes on Tyler Technologies are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/TYL/report.pdf
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Itron, Inc. Analyst Notes
On June 11, 2014, Itron, Inc. (Itron) announced that it has been awarded with the advanced time-of-use and net time-of-use electric metering contract by the Los Angeles Department of Water and Power (LADWP), the nation's largest municipal utility. According to the Company, LADWP will utilize Itron's cellular solution to supply advanced time-of-use and net time-of-use residential, commercial and industrial electric metering to LADWP's customers. Itron stated that the solution will help LADWP improve its customer service, expand green energy initiatives, and help the municipal utility meet growing demands from applications for the City of Los Angeles' solar net metered residential, commercial and industrial customers. Mark de Vere White, President of Itron's electricity business line, said, "Itron's cellular solution is a perfect complement to the IPv6 network component of our OpenWay® smart grid platform currently being piloted by LADWP. With cellular communications, LADWP can easily deploy smart metering technology to select customers across diverse territories using an available public network." The full analyst notes on Itron are available to download free of charge at:
http://www.analystsreview.com/Jun-18-2014/ITRI/report.pdf
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