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Thursday 10 September 2015
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Notable Movers: Lowe’s Companies, Inc. (NYSE:LOW), Gogo Inc (NASDAQ:GOGO), Public Storage (NYSE:PSA)

On Friday, Shares of Lowe’s Companies, Inc. (NYSE:LOW), lost - 2.83% to $71.11.

Lowe’s Companies, has declared a quarterly cash dividend of twenty-eight cents ($0.28) per share, payable November 4, 2015, to shareholders of record as of October 21, 2015.

Lowe’s Companies, Inc. (LOW) is a FORTUNE 50 home improvement company serving about 16 million customers a week in the United States, Canada and Mexico through its stores and online at Lowes.com, Lowes.ca and Lowes.com.mx. With fiscal year 2014 sales of $56.2 billion, Lowe’s has more than 1,845 home improvement and hardware stores and 265,000 employees. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects.

Lowe’s Companies, Inc. operate as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.

Shares of Gogo Inc (NASDAQ:GOGO), declined -2.21% to $15.48, during its last trading session.

Gogo Inc., declared that it has reached a multi-faceted partnership with NASCAR champion Brad Keselowski.

The company, which offers a complete suite of solutions counting in-flight Internet, entertainment, text messaging and a host of other communications-related services to the commercial and business aviation markets, is widely credited with many of the industry’s most influential achievements.

“We’re excited to declare our partnership with Brad Keselowski,” said John Wade, Gogo Business Aviation’s Executive Vice President and General Manager. “Brad is a very knowledgeable and insightful consumer and he’ll be a tremendous asset to the Gogo brand. As a user of our products and services, he’ll be an expert resource for other business aircraft operators about in-flight connectivity and entertainment, and he can give us valuable feedback on our services.”

Gogo Inc., through its auxiliaries, provides aero communications services to the commercial and business aviation markets in the United States and internationally. The company operates three segments: Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation.

Finally, Public Storage (NYSE:PSA), ended its last trade with -1.30% loss, and closed at $212.51.

Public Storage, expanded with the grand opening of a newly constructed self-storage facility in the Stapleton area to serve that planned community and others nearby.

The opening enhances the number of locations Public Storage operates in the larger Denver area to an even 50. It will give active area residents who thrive on outdoor activities there 700 additional storage spaces for their seasonal gear, from skis to kayaks, in addition to any other storage needs.

Public Storage 10298 E. 45th Ave, Denver, CO 80238 is in the Stapleton Business Center, part of Denver’s largest neighborhood being built 10 minutes from the center of downtown on land that used to be part of the city’s only airport. Located conveniently off of the I-70 freeway, it will serve residents of the 3,500 homes and 480 apartments already occupied or under construction there.

The storage facility is located on five acres that were part of a larger redevelopment effort after Stapleton International Airport closed in 1995 in favor of Denver International. The neighborhood of families, schools, open spaces and retail will be connected to central Denver via a commuter rail line to the center of town.

Public Storage is an equity real estate investment trust. It engages in the acquisition, development, ownership, and operation of self-storage facilities in the United States and Europe.

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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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