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Friday 2 October 2015
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Current Trade News Review: Western Refining, (NYSE:WNR), Commscope Holding Company (NASDAQ:COMM), Becton, Dickinson (NYSE:BDX), Magna International (NYSE:MGA)

During Wednesday’s Current trade, Shares of Western Refining, Inc. (NYSE:WNR), gain 2.27% to $44.21.

Western Refining, Inc. (WNR) will declare earnings results for the third quarter ended September 30, 2015, on Tuesday, November 3, 2015, before the open of trading on the New York Stock Exchange. The Company has planned a conference call for November 3, 2015, at 10:00 a.m. ET to talk about these results.

Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. The company operates in four segments: Refining, NTI, WNRL, and Retail. The Refining segment owns and operates two refineries that process crude oil and other feed stocks primarily into gasoline, diesel fuel, jet fuel, and asphalt; and markets refined products to various customers, counting wholesale distributors and retail chains.

Shares of Commscope Holding Company Inc (NASDAQ:COMM), inclined 2.31% to $29.70, during its current trading session.

To provide the highest quality experience for stadium visitors and staff, the Stade de France is making noteworthyupgrades to its communications network infrastructure and signed CommScope as the official supplier for its telecommunications and IT netoperates.

The deal with CommScope will ensure that the legendary stadium has the necessary flexibility and bandwidth to meet fan expectations and support stadium operations. Fans and staff will enjoy high connectivity speeds and interactive services on the stadiums’ Wi-Fi and IPTV netoperates. The new network infrastructure will provide future-proof capability, enabling Stade de France to offer future services throughout the property without requiring costly upgrades.

As part of the deal, CommScope will provide about 70 kilometers of SYSTIMAX® LazrSPEED® multimode fiber cabling to connect almost 1,000 high-bandwidth Wi-Fi access points and 400 IP televisions all across the stadium. CommScope will supply about 44 kilometers of GigaSPEED X10D® Category 6A cabling and its imVision® intelligent infrastructure solution for advanced infrastructure administration in the stadium’s data center.

CommScope Holding Company, Inc., together with its auxiliaries, provides connectivity and infrastructure solutions for wireless, business enterprise, and residential broadband netoperates worldwide. The company operates through three segments: Wireless, Enterprise, and Broadband.

Becton, Dickinson and Co. (NYSE:BDX), during its Wednesday’s current trading session gained 1.46% to $132.92.

BD Life Sciences, a segment of global medical technology company BD (Becton, Dickinson and Company) (BDX), declared the availability of the U.S. Food and Drug Administration (FDA) cleared BD MAX™ Enteric Parasite Panel for use on the BD MAX System.

The BD MAX Enteric Parasite Panel is the latest panel in the BD MAX Enteric suite of assays that aid in the diagnosis of infectious gastroenteritis. This panel joins the BD MAX Enteric Bacterial Panel detecting the pathogens that are responsible for up to 95 percent of the bacteria causing gastroenteritis.i with the availability of the BD MAX Enteric Parasite Panel, the majority of pathogens causing this disease can be detected with a fully automated, rapid and accurate platform.

Becton, Dickinson and Company, a medical technology company, develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products worldwide. The company’s BD Medical segment produces medical devices, such as needles, syringes, and intravenous catheters for medication delivery; prefilled IV flush syringes; syringes and pen needles for use in the treatment of diabetes; prefillable drug delivery systems; anesthesia needles and trays; sharps disposal containers; and closed-system transfer devices.

Finally, Magna International Inc. (USA) (NYSE:MGA), gained 3.30%, to $47.56.

Magna International Inc. (MGA) declared that it has reached an underwriting agreement providing for the issuance of U.S. $650 million aggregate principal amount of its senior unsecured notes following an effective shelf registration statement formerly filed with the Securities and Exchange Commission.

The notes will bear interest at an annual rate of 4.150% and will mature on October 1, 2025 . The offering is predictable to close on September 23, 2015, subject to customary closing conditions.

Magna intends to use the net proceeds from the offering for general corporate purposes, counting capital expenditures and the formerly declared acquisition of the Getrag Group of Companies.

Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBC Capital Markets, LLC are acting as joint book-running managers for the offering.

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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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