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Friday 7 August 2015
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Pre-Market News Alert on: Emerson Electric (NYSE:EMR), UnitedHealth Group (NYSE:UNH), Citizens Financial Group (NYSE:CFG), Mastercard (NYSE:MA)

On Wednesday, Emerson Electric Co. (NYSE:EMR)’s shares declined -1.94% to $53.98.

Emerson (EMR) and WeatherBug® are partnering to leverage big weather data and the Internet of Things to assist consumers stay comfortable, save money and conserve energy – no matter the weather. Consumers in Texas using the Sensi™ Wi-Fi Programmable Thermostat from Emerson can now take advantage of WeatherBug Home – a software upgrade that optimizes connected thermostats based on the latest weather conditions – at no additional cost.

On average, the weather influences about 50 percent of a home’s energy use. By integrating WeatherBug Home’s real-time, hyper-local data and patent-pending algorithms, consumers can have their Emerson Sensi Thermostats optimized for the weather to maximize their comfort and savings. While WeatherBug Home saves consumers money – an average of $75 each year – it also assists local energy utilities boost efficiency and stability, better allocate resources, and keep the power on during peak demand times.

UnitedHealth Group Inc. (NYSE:UNH)’s shares dropped -1.55% to $118.84.

The fourth annual United States of Aging Survey finds that adults 60 and older in Denver approach aging more proactively than their national counterparts, reporting that older Americans in the Mile-High City place a much higher emphasis on healthy eating (62 percent and 49 percent, respectively) and relaxation exercises (23 percent and 16 percent) to stay mentally sharp, contrast with older adults nationwide.

Additionally, older adults in Denver rate their personal health much higher than their national counterparts (84 percent and 74 percent).

Each year the United States of Aging Survey – conducted by the National Association of Area Agencies on Aging (n4a), National Council on Aging (NCOA) and UnitedHealthcare – polls U.S. adults 60 and older for their insights on how older Americans are preparing for their later years, and what communities can do to better support this growing population. In addition to the national sample, older adults in Denver and Cincinnati were also surveyed. New in 2015, the national survey polled professionals, counting Area Agencies on Aging staff, credit union managers, primary care physicians and pharmacists, who work closely with older adults to gain their perspectives on the challenges older Americans face as they age.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. It also provides services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, Children’s Health Insurance Program, and health care programs; and health services, counting commercial health and dental benefits. This segment serves through a network of 850,000 physicians and other health care professionals, and about 6,100 hospitals and other facilities. Its OptumHealth segment offers health administration services, counting care delivery, care administration, consumer engagement, distribution, and health financial services.

At the end of Wednesday’s trade Citizens Financial Group Inc (NYSE:CFG)‘s shares dipped -0.37% to $26.64.

Citizens Bank declared that it led $155 million in new financing for Southfield, MI-based Diversified Restaurant Holdings, Inc. to refinance existing debt and to fund the acquisition of 18 Buffalo Wild Wings® restaurants in the St. Louis area for $54 million. The financing includes a $120 million Term Loan, an unfunded $30 million Development Line of Credit to support continued store growth and an unfunded $5 million Revolver to support working capital needs.

Diversified Restaurant Holdings, Inc. is the creator, developer and operator of the unique, full-service, ultra-casual restaurant and bar Bagger Dave’s Burger Tavern, and, with the acquisition of these 18 locations, the largest Buffalo Wild Wings franchisee.

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment focuses on retail customers and small businesses with traditional banking products and services, counting checking, savings, home loans, student loans, credit cards, business loans, and financial administration services.

Mastercard Inc (NYSE:MA), ended its Wednesday’s trading session with -1.47% loss, and closed at $92.51.

MasterCard Incorporated (MA) will release its second-quarter financial results. The company will host a conference call to talk about these results on Wednesday, July 29, 2015, at 9:00 a.m. Eastern Time.

MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company facilitates the processing of payment transactions, counting authorization, clearing, and settlement, in addition to delivers related products and services. It also offers value-added services, such as loyalty and reward programs, and information and consulting services.

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