Project Proposals, Recognitions, Appointments, and Purchases - Analyst Notes on Penn National Gaming, Papa John's, UTi, Werner Enterprises and Popeyes
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NEW YORK, June 23, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Penn National Gaming Inc (NASDAQ: PENN), Papa John's International Inc. (NASDAQ: PZZA), UTi Worldwide Inc. (NASDAQ: UTIW), Werner Enterprises Inc. (NASDAQ: WERN) and Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3975-100free.
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Penn National Gaming Inc Analyst Notes
On June 16, 2014, Penn National Gaming Inc. and The Cordish Companies unveiled the details of their $750 million-project proposal for "Live! Hotel & Casino New York." According to the Company, the stated 50/50 joint venture project will be owned and managed by the two Companies and is located in Orange County, New York, in the Village of South Blooming Grove. The Company added that the project includes an upscale boutique hotel with more than 300 rooms and suites; a destination spa and fitness centres; more than 3,000 slot machines; more than 250 live table games; numerous marquee restaurants; and a live entertainment venue and a spacious conference centre. The full analyst notes on Penn National Gaming are available to download free of charge at:
http://www.analystsreview.com/Jun-23-2014/PENN/report.pdf
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Papa John's International Inc. Analyst Notes
On June 17, 2014, Papa John's International Inc. (Papa John's) announced that according to the 2014 American Customer Satisfaction Index (ACSI), the Company stood no.1 in customer satisfaction among limited-service restaurants, thus achieving the highest rating for the 13th time in the past 15 years. The Company added that it also received the highest score for overall quality, product quality, service quality and customer expectations in the individual ACSI ratings, all of which can be found in every Papa John's pizza. John Schnatter, Papa John's Founder, Chairman, CEO and President, said, "For more than 30 years, 'Better Ingredients. Better Pizza.' has been the foundation of everything we strive for as a company. It's that long-term commitment to quality and providing our loyal customers with excellent service and superior quality pizza that has driven our success. We will continue applying these core principles throughout every facet of our business." The full analyst notes on Papa John's are available to download free of charge at:
http://www.analystsreview.com/Jun-23-2014/PZZA/report.pdf
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UTi Worldwide Inc. Analyst Notes
On June 18, 2014, UTi Worldwide Inc. (UTi) announced the appointment of Mike McClelland as Senior Vice President of Contract Logistics and Distribution. According to the Company, McClelland in his new role will be responsible for the Company's Americas operations, thus expanding his previous responsibility for UTi's distribution business in North America. Ed Feitzinger, Executive Vice President Global Operations of UTi, said, "Mike has successfully led our North American distribution business through a transition from four separate subsidiaries into one cohesive, successful business unit. We look forward to Mike turning his focus to growing our contract logistics business while continuing to advance our distribution products. The combination of contract logistics with distribution provides seamless integrated solutions for our clients in the Americas." The full analyst notes on UTi are available to download free of charge at:
http://www.analystsreview.com/Jun-23-2014/UTIW/report.pdf
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Werner Enterprises Inc. Analyst Notes
On June 16, 2014, Werner Enterprises Inc. announced that Inbound Logistics magazine has named the Company as a 2014 Green Supply Chain Partner. The Company stated that every year the publication announces a list of 75 leading companies determined to match true commitment to supply chain sustainability. According to the Company, Inbound Logistics selects the organizations based on their involvement in three areas: participation in public-private partnerships; corporate sustainability initiatives; and collaborative customer-driven projects. The Company added that corporations were ranked on performance in four categories: measurable green results, sustainability innovation, continuous improvement and industry recognition. The full analyst notes on Werner Enterprises are available to download free of charge at:
http://www.analystsreview.com/Jun-23-2014/WERN/report.pdf
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Popeyes Louisiana Kitchen, Inc. Analyst Notes
On June 16, 2014, Popeyes Louisiana Kitchen, Inc. (Popeyes) announced that it has purchased the recipes that are being used in preparing many of Company's core menu items from Diversified Foods and Seasonings, L.L.C. (DFC) - a supply Company owned by the estate of Al Copeland, Popeyes' founder. According to the Company, the $43 million-purchase price was funded by drawing down on the Company's revolving credit facility, which brings total outstanding debt to c.$110 million following the transaction. The Company added that the total remaining availability under the Company's revolving line of credit is c.$140 million. Popeyes stated that it also extended its exclusive supply agreement with DFS, which covers manufacturing and supply of proprietary spices and other Popeyes products provided by DFS. The full analyst notes on Popeyes are available to download free of charge at:
http://www.analystsreview.com/Jun-23-2014/PLKI/report.pdf
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