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Thursday 20 August 2015
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Pre-Market News Alert on: Capstone Turbine (NASDAQ:CPST), Costco Wholesale (NASDAQ:COST), Fairmount Santrol Holdings (NYSE:FMSA), Starz (NASDAQ:STRZA)

On Monday, Capstone Turbine Corporation(NASDAQ:CPST)’s shares declined -1.69% to $0.395.

Capstone Turbine Corporation (CPST), the world’s leading clean technology manufacturer of microturbine energy systems, declared recently that it received an order for two C600 dual mode microturbines to power a facility and on-site equipment at an oil field project in Alaska.

Horizon Power Systems and Chenega Energy, two of Capstone’s North American distributors, worked together to secure the order and develop an ideal power plant for the project. The plant is predictable to be commissioned in September 2015.

Two natural-gas-fired C600 dual mode microturbines, designed specifically for high humidity environments, will be installed at an onshore oil and gas production site in Alaska to provide primary power for operating the oil facility and on-site equipment. Capstone microturbines were chosen in lieu of traditional diesel engine generator sets for their high reliability, low emissions, low maintenance and low noise.

Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, subassemblies, components, and various accessories for applications, counting cogeneration comprising combined heat and power (CHP) and integrated CHP, in addition to combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.

Costco Wholesale Corporation(NASDAQ:COST)’s shares showed no change to $146.09.

Costco Wholesale Corporation ( COST) declared that its Board of Directors declared a quarterly cash dividend on Costco common stock of $.40 per share. The quarterly dividend is payable August 28, 2015, to shareholders of record at the close of business on August 14, 2015.

Costco presently operates 679 warehouses, counting 479 in the United States and Puerto Rico, 89 in Canada, 36 in Mexico, 26 in the United Kingdom, 20 in Japan, 11 in Korea, 10 in Taiwan, seven in Australia and one in Spain. The Company plans to open up to an additional seven new warehouses proceeding to the end of its fiscal year on August 30, 2015. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom and Mexico.

Costco Wholesale Corporation, together with its auxiliaries, operates membership warehouses. The company offers branded and private-label products in a range of merchandise categories. It provides dry and institutionally packaged foods; snack foods, candy, tobacco, alcoholic and nonalcoholic beverages, and cleaning and institutional supplies; appliances, electronics, health and beauty aids, hardware, garden and patio, and office supplies; meat, bakery, deli, and produce; and apparel, small appliances, and home furnishings.

At the end of Monday’s trade, Fairmount Santrol Holdings Inc(NYSE:FMSA)‘s shares surged 0.19% to $5.30.

Fairmount Santrol (FMSA) declared results for the second quarter ended June 30, 2015.

Second-quarter 2015 revenue totaled $221.3 million, down 34% from $334.3 million for the same period in 2014, and down 27% from $301.5 million in the first quarter of 2015. Overall sales volumes were 2.2 million tons for the quarter, about an 8% decrease contrast with 2.4 million tons in the second quarter of 2014 and a 4% sequential decrease from 2.3 million tons. The decrease in volumes in the second quarter of 2015 over the preceding-year period was primarily a result of reduced demand for proppants due to the continued decline in U.S. oil and gas land drilling activity driven by sustained low oil and gas prices.

Fairmount Santrol Holdings Inc., together with its auxiliaries, provides sand-based proppant solutions for exploration and production companies to enhance the productivity of their oil and gas wells. The company operates in two segments, Proppant Solutions and Industrial & Recreational (I&R) Products.

Starz(NASDAQ:STRZA), ended its Monday’s trading session with 3.51% gain, and closed at $38.37.

Starz (STRZA) is presently offering multi-platform, nationwide sampling of its forthcoming comedy block featuring the first two episodes of its new Original series “Blunt Talk” and the entire six-episode first season of “Survivor’s Remorse.” In addition, “Survivor’s Remorse” Executive Producer LeBron James and “Blunt Talk” series star Patrick Stewart are also sampling their respective series premieres on Facebook for a limited time preceding to the linear season premieres on Saturday, August 22 at 9 PM ET/PT on STARZ.

Starz, through its auxiliaries, operates as a media and entertainment company. It operates through Starz Networks, Starz Distribution, and Starz Animation segments. The Starz Networks segment provides premium subscription video programming to U.S. multichannel video programming distributors (MVPDs), counting cable operators, satellite television providers, and telecommunications companies. Its networks comprise Starz and Encore, which air film content, in addition to original series and specials without advertisements; and MoviePlex that offers various art house, independent films, and classic movie library content.

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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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