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Tuesday 21 July 2015
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Pre-Market News Alert on: First Majestic Silver (NYSE:AG), Olin (NYSE:OLN), Raytheon Company (NYSE:RTN), Illinois Tool Works (NYSE:ITW)

On Thursday, First Majestic Silver Corp (NYSE:AG)’s shares inclined 4.32% to $4.59.

First Majestic Silver Corp. (AG) declare that total production at its five operating silver mines in Mexico for the second quarter ending June 30, 2015 reached 3,802,558 equivalent ounces of silver, relatively unchanged contrast to the same quarter in 2014.

Keith Neumeyer, President & CEO of First Majestic, states, “During the first half of 2015, we produced 7.7 million silver equivalent ounces, which puts us on track of achieving our annual aim of producing between 15.3 to 17.1 million silver equivalent ounces. Production at Del Toro reached a record 2.5 million silver equivalent ounces in the first half of this year, representing a 46% enhance contrast to the first half of 2014. This substantial enhance is primarily due to the Company’s decision in mid-2014 to reconfigure the plant in order to process 100% of

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company owns and operates five producing mines, counting the La Encantada silver mine in Coahuila State, the La Parrilla silver mine in Durango State, the Del Toro silver mine in Zacatecas State, the San Martin silver mine in Jalisco State, and the La Guitarra silver mine in Mexico State. It also holds interests in the La Luz silver project located in in San Luis Potosi State; the Plomosas silver project located in Sinaloa State; and the Jalisco group of properties located in the Etzatlan mining district in Jalisco, Mexico.

Olin Corporation (NYSE:OLN)’s shares dropped -2.32% to $24.47.

The Dow Chemical Company and Olin Corporation (OLN) declared the achievement of a regulatory milestone in the projected transaction involving a noteworthy portion of Dow’s chlorine value chain and Olin Corporation, with the expiration of the required waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976.

As formerly declared on March 27, 2015, Dow and Olin reached a definitive agreement under which Dow will separate its U.S. Gulf Coast Chlor-Alkali and Vinyl, Global Chlorinated Organics and Global Epoxy businesses, and then merge these businesses with Olin in a Reverse Morris Trust transaction. The merger will result in Dow shareholders receiving at least a majority of the shares of Olin, with existing Olin shareholders owning the remaining shares.

Olin Corporation manufactures and sells chlor alkali products in the United States and internationally. The company operates through three segments: Chlor Alkali Products, Chemical Distribution, and Winchester. The Chlor Alkali Products segment provides chlorine/caustic soda that is used in pulp and paper processing, chemical manufacturing, and water purification, in addition to in the manufacture of vinyl chloride, bleach, swimming pool chemicals, and urethane chemicals; sodium hypochlorite for use in household cleaners, laundry bleaching, swimming pool sanitizers, semiconductors, water treatment, textile, pulp and paper, and food processing; and hydrogen used in fuel source, hydrogen peroxide, and hydrochloric acid.

At the end of Thursday’s trade, Raytheon Company (NYSE:RTN)‘s shares surged 1.10% to $100.53.

Raytheon Company (RTN) will issue its second quarter 2015 earnings news release at 7 a.m. EDT Thursday, July 23, 2015. The release will be posted on Raytheon’s website.

The second quarter 2015 earnings results conference call will be at 9 a.m. EDT Thursday, July 23, 2015. The call will be audiocast on the Internet at www.raytheon.com/ir. Charts to be referenced during the call will be accessible on the website for printing preceding to the call.

Raytheon Company develops integrated products, services, and solutions in the areas of sensing; effects; command, control, communications, and intelligence; mission support; and cyber and information security worldwide. It operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); and Space and Airborne Systems (SAS). The IDS segment provides integrated air and missile defense; radar solutions; naval combat and ship electronic systems; command, control, communications, computers, and intelligence solutions; and air traffic administration systems.

Illinois Tool Works Inc. (NYSE:ITW), ended its Thursday’s trading session with 0.26% gain, and closed at $93.61.

Illinois Tool Works Inc. (ITW) declared that it will hold its 2015 second quarter conference call on Wednesday, July 22, 2015. The conference call will start at 9 a.m. central time and will follow the Company’s release of second quarter financial results at 7 a.m. central time on that same day.

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment provides equipment, consumables, and related software for testing and measuring of materials and structures, in addition to equipment and consumables used in the production of electronic subassemblies and microelectronics.

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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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