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Friday 24 July 2015
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Current Trade News Analysis on: Informatica (NASDAQ:INFA), Pengrowth Energy (NYSE:PGH), CenterPoint Energy, (NYSE:CNP), Werner Enterprises, (NASDAQ:WERN)

During Wednesday’s Current trade, Shares of Informatica Corporation (NASDAQ:INFA), gain 0.07% to $48.53.

Informatica Corporation (INFA), the world’s number one independent provider of data integration software, recently declared two executive appointments to further strengthen the leadership team. Ginna Raahauge has joined as senior vice president and chief information officer (CIO), reporting to Mike Berry, executive vice president and chief financial officer. Additionally, Jeff Moses will serve as senior vice president of Cloud Sales, reporting to Charles Race, executive vice president of Worldwide Field Operations.

Raahauge brings more than two decades of technology and business leadership experience to her role as CIO at Informatica. Her focus will be on building a world-class IT organization in addition to enhancing the Cloud services. Most recently, Raahauge was the senior vice president and CIO of Riverbed, where she was responsible for efficiently enabling growth by delivering enterprise technology platforms for new business models.

Informatica Corporation provides enterprise data integration software and services worldwide. Its enterprise data integration products comprise PowerCenter, PowerExchange, and Data Integration Hub, in addition to PowerCenter Express, an entry-level data integration and profiling edition for departments or small to mid-market business, and cloud data integration solutions.

Shares of Pengrowth Energy Corp (USA) (NYSE:PGH), declined -3.42% to $1.84, during its current trading session.

Pengrowth Energy Corporation (PGH) declared that its August 17, 2015 cash dividend will be Cdn $0.02 per common share. The ex-dividend date is July 20, 2015.

The dividend of Cdn $0.02 per common share is equivalent to about U.S. $0.016 per common share using a Canadian/U.S. dollar exchange rate of Cdn $1.00:U.S. $0.786. The actual U.S. dollar equivalent of the dividend will be based upon the actual Canadian/U.S. dollar exchange rate in effect on the payment date, net of applicable Canadian withholding taxes for U.S. residents who hold their Pengrowth shares in taxable accounts.

Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. It primarily explores for crude oil, bitumen, natural gas, and natural gas liquids.

CenterPoint Energy, Inc. (NYSE:CNP), during its Wednesday’s current trading session gained 1.02% to $18.78.

CenterPoint Energy, Inc. (CNP) declares the company will Host Webcast of Second Quarter 2015 Earnings Conference Call on August 10, 2015 at 11:30 AM ET .

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies.

Finally, Werner Enterprises, Inc. (NASDAQ:WERN), decreased -2.14%, to $28.29.

Werner Enterprises, Inc. (WERN), one of the nation’s largest transportation and logistics companies, stated revenues and record second quarter earnings for the second quarter ended June 30, 2015.

Freight demand in second quarter 2015 and so far in July 2015 continues to be stronger than the preceding five years, with the exception of the same period in 2014 which was rebounding from severe winter weather in first quarter 2014 that temporarily backed up the freight network.

Constrained truck capacity combined with a gradually improving economy in the retail, consumer products and grocery products markets primarily served by us are contributing to strong freight demand. Truckload industry capacity is being challenged by an extremely competitive driver recruiting market and heightened regulatory cost enhances for safety and truck ownership; we expect this favorable trend will continue. There are numerous pending and projected federal safety initiatives that could further limit truckload and driver capacity in the next few years, counting mandatory electronic logging devices (ELD’s), a national drug and alcohol driver data base, raised minimum liability insurance requirements for carriers, more sophisticated drug screening procedures for drivers and mandatory truck speed limiter devices.

Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce. The company operates in two segments, Truckload Transportation Services and Value Added Services.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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