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Tuesday 23 June 2015
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Pre-Market News Alert on: Microsoft Corporation, (NASDAQ:MSFT), Exxon Mobil Corporation, (NYSE:XOM), The Bank of New York Mellon Corporation, (NYSE:BK)

On Friday, Shares of Microsoft Corporation (NASDAQ:MSFT), lost -1.33% to $46.10.

On June 10, Microsoft Corp. declared that Microsoft Surface Hub, the company’s new large-screen partnership device, will be accessible for businesses to order in 24 markets starting July 1. Breakthrough hardware innovations in touch and ink allow Surface Hub to harness the power of Windows 10, Skype for Business, Office, OneNote and Universal Windows apps to deliver a new kind of productivity experience optimized for groups. The unique experience is designed to be just as engaging for people working together in the same room as for those connecting remotely. To meet the needs of a variety of rooms and spaces, Surface Hub is accessible in two main configurations: Surface Hub 55-inch for $6,999, and Surface Hub 84-inch for $19,999.

Surface Hub delivers the power and versatility of a complete, cloud-connected Windows 10 device together with the simplicity and consistency of a custom interface that is built for shared spaces. The device is designed for anyone to walk up and use, providing an engaging way to share ideas and information. Right from the welcome screen it’s easy to start white-boarding, initiate a videoconference or share content, but that’s just the starting. Businesses will be able to draw from a wide variety of Windows apps to put real-time data and business tools at the center of meetings, assisting them gain insights and reach decisions faster. By connecting the industry-specific Universal Windows apps that organizations rely on to manage their business processes with an engaging remote meeting and partnership solution, Surface Hub brings a new level of innovation and efficiency to the way people work. And as a Windows 10 device, the Surface Hub benefits from Windows Update for Business, providing access to the latest innovation and security updates on an ongoing basis.

Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.

Shares of Exxon Mobil Corporation (NYSE:XOM), declined -0.32% to $85.21, during its last trading session.

Exxon Mobil Corporation, has reached a contract with PBF Energy Inc. for the sale and purchase of its 50 percent interest in Chalmette Refining, LLC in Chalmette, Louisiana.

PBF Energy will purchase 100 percent of Chalmette Refining, LLC, which is a joint venture between associates of Petróleos de Venezuela, S.A. (PDVSA) and ExxonMobil.

The agreement comprises the Chalmette refinery and chemical production facilities near New Orleans, La. and the company’s 100 percent interests in MOEM Pipeline, LLC and 80 percent interest in each of Collins Pipeline Company and T&M Terminal Company. ExxonMobil operates Chalmette Refining, LLC and Mobil Pipeline Company, an ExxonMobil associate, operates the logistics infrastructure.

Subject to regulatory approval, change-in-control is anticipated to take place by the end of 2015. Details of the commercial agreements are proprietary.

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania.

Financial stocks were lower Friday’s afternoon with the NYSE Financial Sector Index falling 0.6% and the S&P Financial 100 Index declining 0.7%.

Among Financial stocks, The Bank of New York Mellon Corporation (NYSE:BK), ended its last trade with –0.35% loss, and closed at $43.12.

The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Administration and Investment Services.

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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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