Scott Logic Ltd

Drax Group PLC

Business News

Yahoo to buy Tumblr for $1.1bn

BBC News - Business, May 20th, 2013

Yahoo agrees a deal to buy New York-based blogging platform Tumblr for $1.1bn (£723m) in a deal that will value founder David Karp's stake at $275m.

AUDIO: A decade of chip and pin

BBC News - Business, May 20th, 2013

It is a decade since the first person in the UK used a chip and pin card to pay for goods.

AUDIO: BCC: Support UK manufacturing

BBC News - Business, May 20th, 2013

The British Chambers of Commerce say the number of small and medium sized business actively exporting has risen - but there needs to be better support for UK manufacturing.

VIDEO: Wikipedia founder on Yahoo’s Tumblr deal

BBC News - Business, May 20th, 2013

The BBC talks to Wikipedia founder Jimmy Wales about Yahoo's acquisition of Tumblr, in a $1.1bn deal.

Actavis agrees Warner Chilcott deal

BBC News - Business, May 20th, 2013

US drugs maker Actavis, itself the subject of bid speculation, agrees to buy Dublin-based rival Warner Chilcott for $8.5bn (£5.6bn) including debt.

Company Profile

Name: Drax Group plcDRX
Address: Drax Power Station, PO Box 3, Selby, North Yorkshire, YO8 8PQ, UK
Website:www.draxgroup.plc.uk
Sector:Utilities
Industry:Energy & water supply
Summary:Drax Group plc is a United Kingdom-based company that is principally engaged in the power generation business operating in the commodity markets of power, coal, biomass and carbon. The Company purchases coal, biomass and carbon allowances from both United Kingdom and international suppliers. Drax Group plc generates around 7% of the United Kingdom's electricity and trade power in the electricity wholesale market of Great Britain. The Company is the holding company of the Drax group of companies. Some its wholly owned subsidiaries include Drax Finance Limited, Drax Group Limited, Drax Intermediate Holdings Limited, Drax Power Limited and Drax Investments Limited. The principal activities of the subsidiaries are the generation and sale of electricity at the Drax Power Station, Selby, North Yorkshire, and the sale of by-products of the electricity generation process.

Company Information

598.25 Open:589.50 High:598.50 Mkt Cap:2.32B Ex-Div:24/04/13
Bid:597.50 Low:585.50 P/E:12.52 Shares:401.59M

19.75 (3.41%)

Ask:599.00 52Wk High:660.50 EPS:31.00 Last Trade:598.50
Delayed: 16:35 BST Vol:926.06k 52Wk Low:363.12
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