INITIAL PUBLIC OFFERINGS (IPO) PAPER Essay Example | Topics and Well Written Essays - 1000 words

INITIAL PUBLIC OFFERINGS (IPO) PAPER - Essay Example It builds batteries for power in cars, torches etc. It also makes batteries that are used in UPS. It provides appliances to run automotives such as cranes, road rollers etc. It is also a major provider for aerospace and defense utilities. ENERSYS claims to be the largest industrial battery provider in the whole world(ENERSYS, 2005). It has built its customer base in over 100 countries over the past few years. It is the primary supplier in Motive power such as supplying power facilities to railway, Reserve Power such as batteries for cars. The company was previously known as Yuasa Inc, but it was acquired from a Japanese owner in 2000 and changed its name to ENERSYS Inc in 2001(Yahoo, 2012). ENERSYS Performance ENERSYS’s current stock price is $ 33.85 and retrospectively looking, its stock price has fluctuated between the ranges of $ 22-35 over the past three years(Yahoo, 2012). ENRSYS revenue was $ 1.92 billion in 2009, $ 1.58 billion in 2010 and $ 1.96 billion in 2011. ENERSY S’s net income was $ 81 million in 2009; it dropped to $ 62 million in 2010 and jumped up to $ 113 million in 2011. ENERSYS’s total assets were $ 1.4 billion in 2009, $ 1.6 billion in 2010 and $ 1.8 billion in 2011. ENERSYS’s total liabilities were $ 8.18 million in 2009, $ 8.67 million in 2010 and $ 8.49 million in 2011. ... ENERSYS experienced a slump in 2010 as its revenue was lower at $ 1.58 billion but it recovered and increased its revenue to $ 1.96 billion. Moreover, ENERSYS has increased its assets constantly over the three year period and it is mainly due to success in operations which has earned positive net income and increase in owners’ contribution to the company. The shareholders’ have also contributed generously to the company as the company’s objective of maximizing shareholder wealth has constantly grown as Earning per share has increased over the past three years, and that despite increase in owners’ equity. This shows that the company meets the expectations of its owners. Reason for choosing ENERSYS ENERSYS has been chosen because it is a dominant energy equipment provider not only in America but all over the world. It is a global leader in providing electronic appliances and is the most well known brand in its industry. It is one of very few companies that h ave its headquarters in other continents such as Europe and Asia. ENERSYS has been chosen also due to the fact that its financials are pleasing to the eye as they have achieved tremendous success during the past decade and earns net income in millions. ENERSYS always meets its shareholders expectations which can be seen as there earnings per share are constantly growing over the past few years. ENERSYS Return on Equity has also increased from 8% in 2010 to 12% in 2011. ENERSYS IPO ENERSYS was formed as a result of an acquisition between Morgan Stanley Partners and Yuasa Inc in 2000. In 2001, it changed its name to ENERSYS. In 2002, it acquired the reserve power and motive business of Energy Storage Group. ENERSYS

Epstein-Barr Virus Research Paper Example | Topics and Well Written Essays - 1750 words - 1

Epstein-Barr Virus - Research Paper Example the presence of a virus in the cultured specimen and the three published their discovery the same year with the development of antibodies and mononucleosis taking place later. Consequently, the three scientists were able to observe the development of antibodies to the virus (Robertson 18). Perhaps the most common relationship of EBV with any other virus is in relationship to the TTV. In this case, the relationship regards the association between these two viruses and their infection of B-cell lymphoma and the Hodgskin lymphoma (Figueiredo et al. 736). In line with this, an increase in the tolerance of contagion within the first 48 hours of infection with the virus called herpes simplex indicates a demonstration of the conversion of EBV. In effect, this phenomenon implies that it is feasible to have TTV and EBV viruses in the same B cell (Figueiredo 736). Medical practitioners point out that Epstein-Barr is one of the most common infections that affected human beings. In line with this, experts suggested that the infection affected approximately 95% of the adult population by the time that they reached 40 years of age. In effect, this implies that the disease can affect any individual despite their geographical location and almost the entire world’s population has once suffered the disease. Nonetheless, most incidents of Epstein-Barr do not indicate the presence of symptoms in a person. In addition, an incidence of the infection puts an individual at a risk of mononucleosis with approximately 35-40% of those infected likely to develop this condition (Schueler, Beckett, and Gettings). A series of a standardized process characterizes the progression of EBV. First, EBV attacks the B-cells at the point of CR-2 (CD 21) while using the glycoprotein (GP 350/220). However, it could also attack the epithelial cells that do not possess the CD 21. This affects the epithelial cells that infect the Blymphocyte resulting to the latency stage. The cells infected exhibit