Partnership Renewal, Pricing of Stocks Offering, Preliminary Monthly Traffic Updates and Semi-Annual Payment Announcement - Analyst Notes on Paychex, Orbitz Worldwide, Copa, News Corp and Liberty
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, May 29, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Paychex, Inc. (NASDAQ: PAYX), Orbitz Worldwide, Inc. (NYSE: OWW), Copa Holdings SA (NYSE: CPA), News Corp. (NASDAQ: NWSA) and Liberty Interactive, Inc. (NASDAQ: LINTA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3075-100free.
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Paychex, Inc. Analyst Notes
On May 22, 2014, Paychex, Inc. (Paychex) announced the renewal of its payroll referral partnership with RBS Citizens Financial Group, giving Citizen's banking customers continued access to Paychex's business services including payroll and human resource services offerings. Paychex stated that through a combination of technology-based solutions and personal service, the Company teams up with business owners to help them manage the complexities of payroll and HR administration. "We are proud to continue our long-standing relationship with RBS Citizens Financial Group," said Andrew Childs, Vice President of Marketing at Paychex. "In the last nine years, we've had the opportunity to help Citizens' business customers better manage their payroll, tax compliance, and business cash flow. We are excited to continue providing these quality value-added services to help Citizens attract and retain business customers." The full analyst notes on Paychex are available to download free of charge at:
http://www.analystsreview.com/PAYX.pdf/Register
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Orbitz Worldwide, Inc. Analyst Notes
On May 22, 2014, Orbitz Worldwide, Inc. (Orbitz Worldwide) announced the pricing of a secondary common stock public offering of 7.5 million shares of its common stock held by an affiliate of Travelport Limited (the "Selling Stockholder"), at a price to the public of $6.60 per share. The Company added that the underwriters have a 30-day option to purchase an additional of up to 1.125 million shares from the Selling Stockholder. The Company informed that the offering is expected to close on May 29, 2014, subject to customary closing conditions. Orbitz Worldwide added that it will not receive any proceeds from the offering. The full analyst notes on Orbitz Worldwide are available to download free of charge at:
http://www.analystsreview.com/OWW.pdf/Register
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Copa Holdings SA Analyst Notes
On May 13, 2014 Copa Holdings SA (Copa) released preliminary passenger traffic statistics for the month of April 2014. According to Copa, the statistics data show a 12.5% increase YoY in the Company's system-wide passenger traffic/ Revenue passenger miles (RPM), while ASM(Available seat miles ) rose by 8.1% YoY. Load factor also increased by 3.0 percentage point to 76.6% compared to the same period last year as a result of the upward trend in RPM and capacity. In the International segment RPM increased by 14.8% YoY while ASM increased by 10.6% YoY. However, domestic RPM and ASM decreased by 50.6% YoY and 54.3% YoY respectively. The full analyst notes on Copa are available to download free of charge at:
http://www.analystsreview.com/CPA.pdf/Register
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News Corp. Analyst Notes
On May 23, 2014, shares of News Corp slipped 0.47% to end trading at $17.09. Over the past five-day trading session, News Corp's stocks increased 0.23% compared to the Nasdaq Composite which gained 2.33% during that same period. The full analyst notes on News Corp are available to download free of charge at:
http://www.analystsreview.com/NWSA.pdf/Register
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Liberty Interactive, Inc. Analyst Notes
On May 15, 2014, Liberty Interactive, Inc. (Liberty) announced a semi-annual payment of $20.00 per $1,000 original principal amount of Debentures, and additional distribution of $0.8489 per Debenture to the holders of its 4.0% Senior Exchangeable Debentures due 2029. The Company stated that to date; there has been one extraordinary distribution of c.$63.1 per $1,000 original principal amount of Debenture made by the Company on August 7, 2013, which arose from the merger transaction between Sprint Nextel Corporation and SoftBank Corp. Liberty informed that under the Indenture for the Debentures, the original principal amount of the Debentures is adjusted in an amount equal to each extraordinary distribution made to holders of the Debentures. The full analyst notes on Liberty are available to download free of charge at:
http://www.analystsreview.com/LINTA.pdf/Register
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