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Wednesday 19 August 2015
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Momentum Stocks in Focus: United Continental Holdings Inc (NYSE:UAL), Blue Buffalo Pet Products Inc (NASDAQ:BUFF), Iron Mountain Inc (NYSE:IRM)

On Monday, Shares of United Continental Holdings Inc (NYSE:UAL), gained 1.79% to $59.58.

United Airlines continues its investment in the education and development of hundreds of undergraduate and graduate students by awarding more than $1 million in scholarships to its employees and their families through the United Scholarship Fund (USF).

A company-sponsored charity, the USF has awarded more than 750 scholarships for the 2015-2016 school years – more than 250 of them to new recipients – based on several factors, counting financial need, academic standing, community involvement, and leadership ability. This year’s recipients live in four countries and seventeen states within the United States.

The USF is a private, nonprofit charity that supports the educational pursuits of employees and their dependents. Students have the opportunity to apply for a one-time scholarship of $1,000 or a $1,500 award renewable for up to five years, counting one year of graduate school after concluding a bachelor’s degree.

United Continental Holdings, Inc., together with its auxiliaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America.

Shares of Blue Buffalo Pet Products Inc (NASDAQ:BUFF), declined -1.79% to $26.39, during its last trading session.

Blue Buffalo Pet Products, declared its second quarter 2015 results.

Second Quarter Highlights

  • Net sales of $254 million, up 16%
  • Net income of $23 million, up 3%; Adjusted net income of $26 million, up 13%
  • Adjusted EBITDA of $49 million, up 15%
  • Diluted EPS of $0.11 in line with second quarter 2014; Adjusted Diluted EPS of $0.13, up 13%
  • Financial performance at the top of the range formerly revealed in the IPO registration statement

Full Year 2015 Outlook

  • Net sales of $1.02 billion or better
  • Adjusted Diluted EPS of $0.58 or better

Blue Buffalo Pet Products, Inc. operates as a holding company, which through its auxiliaries, produces and distributes pet food. The company offers dog and cat food made with whole meats, fruits, and vegetables under its Blue brand.

Finally, Iron Mountain Inc (NYSE:IRM), ended its last trade with 0.33% gain, and closed at $30.29.

The Pauli Murray Center for History and Social Justice and Iron Mountain Incorporated (IRM), the storage and information administration company, are excited to declare a new partnership to transform the childhood home of Pauli Murray into a national historic site. With the partnership, Iron Mountain will provide a financial contribution to preserve the foundation of the home in addition to moving forward with exterior renovations that are presently threatened by lack of maintenance, demolition, neglect and water damage.

A ceremony celebrating this partnership is planned for August 21, 2015 at 6 p.m. ET at the opening of an exhibition, Pauli Murray: Imp, Crusader, Dude, Priest in the Cameron Gallery at The Scrap Exchange, 2050 Chapel Hill Road in Durham, North Carolina. The Pauli Murray house was designated a National Treasure in March 2015 by the National Trust for Historic Preservation.

The Rev. Dr. Pauli Murray, 1910-1985, was an accomplished American activist who believed in justice, reconciliation, and freedom. She championed the cause of human rights through her work as an author, educator, lawyer, feminist, poet and priest.

Iron Mountain Incorporated, a real estate investment trust, provides storage and information administration services in North America, Europe, Latin America, and the Asia Pacific. It operates through North American Records and Information Administration Business, North American Data Administration Business, Western European Business, Other International Business, and Corporate and Other Business.

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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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