Innovators

Edison Investment Research Limited: Primary Health Properties (PHP): Resilient growth set to continue

Retrieved on: 
Monday, March 8, 2021

With its properties performing an essential role in the fight against the pandemic, and with 90% of rents paid directly or indirectly by governments, Primary Health Properties' (PHP's) portfolio was extremely resilient in FY20.

Key Points: 
  • With its properties performing an essential role in the fight against the pandemic, and with 90% of rents paid directly or indirectly by governments, Primary Health Properties' (PHP's) portfolio was extremely resilient in FY20.
  • With capital values also benefiting from a flight to quality, the FY20 total accounting return was 10.1%.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.
  • Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector.

Edison International Announces Pricing of $1.25 billion Preferred Stock Offering

Retrieved on: 
Wednesday, March 3, 2021

Edison International (NYSE: EIX) today announced the pricing of a public offering of 1.25 million shares of its 5.375% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock.

Key Points: 
  • Edison International (NYSE: EIX) today announced the pricing of a public offering of 1.25 million shares of its 5.375% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock.
  • We are pleased with this transaction and the strong investor support for the offering, said Pedro J. Pizarro, president and CEO of Edison International.
  • Edison International will also use this capital to help Southern California Edison continue to debt-finance the 2017/2018 Wildfire/Mudslide Events claims payments, as we have previously stated.
  • AmeriVet Securities, Blaylock Van, LLC, MFR Securities, Inc., Penserra Securities LLC, and Siebert Williams Shank are acting as co-managers of the offering.

Edison Investment Research Limited: Mercia Asset Management (MERC): The UK's top regional investor

Retrieved on: 
Wednesday, March 3, 2021

By the end of H121, AUM had risen to 872m (15% from FY22 target), with fee-earning funds under management (FUM) of 722m.

Key Points: 
  • By the end of H121, AUM had risen to 872m (15% from FY22 target), with fee-earning funds under management (FUM) of 722m.
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  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.
  • Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector.

Edison Investment Research Limited: XP Power (XPP): A record year

Retrieved on: 
Wednesday, March 3, 2021

The company reported a record year for revenue and earnings while reducing net debt; the dividend was reinstated from Q220 as visibility improved.

Key Points: 
  • The company reported a record year for revenue and earnings while reducing net debt; the dividend was reinstated from Q220 as visibility improved.
  • Despite expecting demand to normalise, XP still expects growth in underlying revenues in FY21.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.
  • Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector.

TIKI® Brand Fire Pit and Wood Pack Named Finalist for The Edison Best New Product Awards®

Retrieved on: 
Monday, March 1, 2021

TIKI Brand addressed all three of these consumer needs with their patent-pending Fire Pit and Wood Pack.

Key Points: 
  • TIKI Brand addressed all three of these consumer needs with their patent-pending Fire Pit and Wood Pack.
  • This product introduction is already generating industry acclaim, winning a finalist position for the Edison Best New Product Awards in the home and lifestyle category.
  • TIKI Brand Fire Pit and Wood Pack will be recognized with either a gold, silver or bronze award at the Fort Myers Caloosa Sound Convention Center on April 21- 23, 2021.
  • The TIKI Brand Wood Pack is made with real wood that lights instantly with one match and burns for approximately 30 minutes.

Edison Investment Research Limited: Ryvu Therapeutics (RVU): Rebalancing R&D pipeline towards clinical stage

Retrieved on: 
Thursday, February 25, 2021

In April 2020, Ryvu signed a discovery agreement in inflammatory diseases with Galapagos.

Key Points: 
  • In April 2020, Ryvu signed a discovery agreement in inflammatory diseases with Galapagos.
  • Click here to view the full report or here to sign up to receive research as it is published.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.
  • Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector.

Dentsu Group (4324): Initiation - Simplification to boost growth and margins

Retrieved on: 
Tuesday, February 23, 2021

The balance sheet has been strengthened by the sale of most of the Recruit shareholding and Dentsu is considering a sale and leaseback of its Tokyo headquarters.

Key Points: 
  • The balance sheet has been strengthened by the sale of most of the Recruit shareholding and Dentsu is considering a sale and leaseback of its Tokyo headquarters.
  • Restructuring inevitably means some short-term disruption, but this should drive revenue growth (targeted at 3-4% CAGR FY21-24) and improve margins.
  • Successful implementation of management's plans, simplifying the structure and driving profitability, should help drive shareholder value and underpin the rating.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.

Edison Investment Research Limited: John Laing Group (JLG): Grow, optimise and enhance

Retrieved on: 
Thursday, February 18, 2021

Edison Investment Research Limited: John Laing Group (JLG): Grow, optimise and enhance

Key Points: 
  • Edison Investment Research Limited: John Laing Group (JLG): Grow, optimise and enhance
    John Laing Group (JLG): Grow, optimise and enhance
    CEO Ben Loomes set out his strategic vision for John Laing Group (JLG) at its capital markets day in November.
  • Click here to view the full report or here to sign up to receive research as it is published.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.
  • Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector.

Edison Oncology to Participate in the 10th Annual SVB Leerink Global Healthcare Conference

Retrieved on: 
Wednesday, February 17, 2021

MENLO PARK, Calif., Feb. 17, 2021 /PRNewswire/ --Edison Oncology Holding Corp., a company established to develop and commercialize new therapies targeting the fight against cancer, today announced that Dennis Brown, Ph.D., chairman and Jeffrey Bacha, chief executive officer, will participate in the SVB Leerink 10th Annual Global Healthcare Conference to be held virtually on Monday, February 22 Friday, February 26, 2021.

Key Points: 
  • MENLO PARK, Calif., Feb. 17, 2021 /PRNewswire/ --Edison Oncology Holding Corp., a company established to develop and commercialize new therapies targeting the fight against cancer, today announced that Dennis Brown, Ph.D., chairman and Jeffrey Bacha, chief executive officer, will participate in the SVB Leerink 10th Annual Global Healthcare Conference to be held virtually on Monday, February 22 Friday, February 26, 2021.
  • Mr. Brown and Mr. Bacha will be available to meet with members of the investment community in virtual one-on-one meetings during the conference.
  • Edison Oncology was founded in 2018 by experienced life science industry veterans to develop and commercialize new therapies targeting the fight against cancer.
  • Any forward-looking statements contained herein are based on current expectations but are subject to a number of risks and uncertainties.

XENDEE Microgrid Cloud Computing Platform Announced as 2021 Edison Awards Finalist for Critical Human Infrastructure

Retrieved on: 
Tuesday, February 16, 2021

The XENDEE Microgrid Cloud Computing Platform has been announced as a category winner in the 2021 Edison Awards for Critical Human Infrastructure.

Key Points: 
  • The XENDEE Microgrid Cloud Computing Platform has been announced as a category winner in the 2021 Edison Awards for Critical Human Infrastructure.
  • The award ceremony itself takes place on Thomas Edisons birthday, April 22nd, at the Luminary Hotel in Fort Myers, Florida.
  • This year saw the integration of an incredible amount of new features into the XENDEE platform, both from a technical and useability standpoint, remarked Scott Mitchell, MSCS, Chief Software Architect at XENDEE.
  • The entire group is extremely pleased to be recognized for our work in the field of Critical Human Infrastructure by the Edison Awards committee, said Michael Stadler, Ph.D., CTO of XENDEE.