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Friday 25 September 2015
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Pre-Market News Alert on: Axalta Coating Systems (NYSE:AXTA), IMAX (NYSE:IMAX), Dynegy (NYSE:DYN)

On Tuesday, Axalta Coating Systems Ltd (NYSE:AXTA)’s shares inclined 2.38% to $33.52.

Axalta Coating Systems (AXTA), a leading global supplier of liquid and powder coatings, was presented with the Volvo Cars Quality Excellence (VQE) Award at a dedicated ceremony held at Axalta’s Wuppertal, Germany, site on June 30, 2015.

The VQE Award is given to those companies that meet the Award requirements and score 100% on a set of criteria, as defined by Volvo Cars, that measure excellence in different operational areas, counting Trust, Logistics and Certificates.

Axalta Coating Systems Ltd., through its auxiliaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry. It operates through two segments, Performance Coatings and Transportation Coatings. The Performance Coatings segment offers various waterborne and solventborne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops. This segment also provides functional and decorative liquid and powder coatings for use in various industrial applications, counting architectural cladding and fittings, automotive coatings, general industrial, job coaters, electrical insulation coatings, HVAC, appliances, rebar, and oil and gas pipelines. It offers liquid coatings under the Voltatex, AquaEC, Chemophan, Lutophen, Stollaquid, and Syntopal brand names; and powder coatings under the brand names of Alesta, Nap-Gard, and Abcite.

IMAX Corporation (USA) (NYSE:IMAX)’s shares dropped -5.62% to $36.26.

IMAX Corporation (USA) (IMAX) declared it will hold a quarterly conference call to talk about its second-quarter 2015 financial results on Thursday, July 23 at 8:30 a.m. Eastern Time.

IMAX Corporation, together with its auxiliaries, operates as an entertainment technology company specializing in motion picture technologies and presentations worldwide. The company operates in seven segments: IMAX Systems, Theater System Maintenance, Joint Revenue Sharing Arrangements, Film Production and IMAX Digital Re-Mastering (DMR), Film Distribution, Film Post-Production, and Other. The IMAX Systems segment designs, manufactures, sells, or leases IMAX theater projection system equipment. The Theater System Maintenance segment maintains IMAX theater projection system equipment in the IMAX theater network.

At the end of Tuesday’s trade, Dynegy Inc. (NYSE:DYN)‘s shares dipped -1.10% to $29.56.

Dynegy Inc. (DYN) declared that its Board of Directors declared a dividend of $1.34375 per share on the outstanding 5.375% Series A Mandatory Convertible Preferred Stock that will be paid on August 3, 2015 to stockholders of record of the Mandatory Convertible Preferred Stock on July 15, 2015. The dividend is for the dividend period startning on May 1, 2015 and ending on July 31, 2015.

Dynegy Inc., through its auxiliaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 15 power plants in 5 states totaling about 13,000 megawatts of generating capacity. \

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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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