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Monday 1 February 2016
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Notable Stocks in the News - Las Vegas Sands (NYSE:LVS), Magnum Hunter Resources (NYSE:MHR), Seagate Technology (NASDAQ:STX), Alaska Air Group, (NYSE:ALK)

Notable Stocks in the News – Las Vegas Sands (NYSE:LVS), Magnum Hunter Resources (NYSE:MHR), Seagate Technology (NASDAQ:STX), Alaska Air Group, (NYSE:ALK)

On Monday, Shares of Las Vegas Sands Corp. (NYSE:LVS), gained 7.44% to $43.91.

Sands China Ltd. (1928.HK) joined Las Vegas Sands Corp. (LVS) and international social enterprise Clean the World to complete an unprecedented 24-hour global volunteer effort Saturday, Sept. 26, building 200,000 hygiene kits to be distributed to populations in need worldwide, counting in Macao.

More than 4,000 LVS team members and community volunteers took part in the Las Vegas Sands Global Hygiene Kit Build with Clean the World - which was both organizations’ largest volunteer effort to date, resulting in the most kits ever built for Clean the World at one time. The build was held at LVS’ Singapore, Macao, Bethlehem and Las Vegas properties sequentially and all within a 24-hour period on Saturday. It all began at Marina Bay Sands, LVS’ property in Singapore, at 9 a.m. local time and culminated at 6 p.m. local time in Las Vegas. The effort was part of LVS’s global corporate citizenship program, Sands Cares, and its ongoing partnership with Clean the World.

More than 1,500 Sands China team members and volunteers from the Macao community worked together at The Venetian® Macao’s Cotai Expo 2-9 p.m. Saturday to assemble 75,000 kits, supporting the global effort spearheaded by Sands China’s parent company, Las Vegas Sands Corp. Ming Fai Group was supporting entity for the Macao build.

Las Vegas Sands Corp. (LVSC) is a developer of destination properties that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities.

Shares of Magnum Hunter Resources Corp (NYSE:MHR), inclined 9.14% to $0.539, during its last trading session.

Magnum Hunter Resources, declared recently that the Board of Directors has designated Chris Hewitt as Vice President - Finance and Capital Markets effective September 15, 2015. Mr. Hewitt, age 45, will report directly to Gary C. Evans, Chairman and Chief Executive Officer of Magnum Hunter.

Mr. Hewitt brings more than 14 years of investment banking experience, counting 12 years providing equity and debt capital markets and mergers and acquisition advisory services for large independent oil and gas exploration and production companies. Mr. Hewitt has extensive experience in executing capital market transactions, counting initial public and follow-on equity offerings in addition to investment grade and high yield debt offerings. Before his appointment at Magnum Hunter, Mr. Hewitt served as Director of energy investment banking at Wells Fargo Securities since 2010. During his 9 year tenure at Wells Fargo Securities (formerly Wachovia Capital Markets) he also served as Vice President of energy investment banking. Before joining Wells Fargo / Wachovia, Mr. Hewitt served in various investment banking roles at both Lehman Brothers and Bear Stearns & Company. Mr. Hewitt earned a Bachelor of Arts degree in International Relations from the University of Notre Dame. In addition, Mr. Hewitt holds a Juris Doctorate from the University of Texas School of Law and a Masters of Business Administration from the Fuqua School of Business at Duke University.

Magnum Hunter Resources Corporation (Magnum Hunter), an independent oil and gas company, is engaged primarily in the exploration for and the exploitation, acquisition, development and production of natural gas and natural gas liquids (NGLs) resources in the United States. The Company operates through three segments: U.S. Upstream, Midstream and Marketing, and Oil Field Services.

Shares of Seagate Technology PLC (NASDAQ:STX), inclined 3.84% to $44.84, during its last trading session.

On the eve of the 25th anniversary of German Reunification, the Brandenburg Gate has been digitally preserved through a partnership between Landesdenkmalamt Berlin, University of Stuttgart’s Institute of Photogrammetry, CyArk, storage and information administration leader Iron Mountain Incorporated (IRM), and world-leading data storage company Seagate Technology (STX).

CyArk and its partners used laser scanning and the latest in reality capture technologies to create a hyper-accurate record of the Gate for use in ongoing conservation efforts and public education and interpretation. The scan results will be unveiled at CyArk’s Annual Summit at the Berlin State Library on 20-21 October. At the same time, people around the world will be able to virtually explore the Gate online to learn about its history by viewing 3D models and videos.

Once scanned, the imaging data – counting data from the laser scan and photo, video, audio and metadata – is captured using Seagate storage solutions onsite and sent back to CyArk’s servers at its headquarters via an external hard drive. CyArk’s technical team can then access the raw data via CyArk’s onsite servers to render them into 3D images. Once complete, some of the data is kept onsite for quick access, while a “gold copy” of the 3D image is backed up to a tape and transported offsite to Iron Mountain.

Seagate Technology plc (Seagate) is a provider of electronic data storage products. The Company’s products are hard disk drives (HDD). The Company produces a range of electronic data storage products, counting solid state hybrid drives (SSHD), solid state drives (SSD), peripheral component interconnect express (PCIe) cards and Serial AT Attachment (SATA) controllers.

Finally, Alaska Air Group, Inc. (NYSE:ALK), ended its last trade with 2.07% gain, and closed at $80.90.

Alaska Air Group, stated September and year-to-date operational results for its auxiliaries, Alaska Airlines and Horizon Air, and on a combined basis.

On a combined basis, Air Group stated a 10.0 percent improvement in traffic on a 10.3 percent improvement in capacity contrast to September 2014. This resulted in a 0.3 point decrease in load factor to 81.6 percent. These statistics comprise flights operated by Alaska and those under capacity purchase agreements, counting Horizon, SkyWest and PenAir.

ALASKA AIRLINES - MAINLINE

Alaska stated a 9.8 percent improvement in traffic on a 10.2 percent improvement in capacity contrast to September 2014. This resulted in a 0.3 point decrease in load factor to 81.8 percent. Alaska also stated 88.8 percent of its flights arrived on time in September, contrast to the 87.0 percent stated in September 2014.

Alaska Air Group, Inc. is a holding company of Alaska Airlines Inc. (Alaska) and Horizon Air Industries Inc. (Horizon). The Company operates Alaska Airlines and Horizon Air airlines, which together with its partner regional airlines serve about 100 cities through a network in Alaska, the Lower 48, Hawaii, Canada and Mexico.

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