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Sunday 19 July 2015
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Pre-Market News Alert on: Perfect World (NASDAQ:PWRD), Liberty Global - Class A Ordinary Shares (NASDAQ:LBTYA), Fortinet (NASDAQ:FTNT), Ingersoll-Rand (NYSE:IR)

On Thursday, Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD)’s shares inclined 2.96% to $19.46.

Perfect World Co., Ltd. (PWRD), a leading online game developer and operator based in China, recently declared that it has called an extraordinary general meeting of shareholders (the “EGM”), to be held on July 28, 2015 at 10:00 a.m. (Hong Kong time), at the 42nd Floor, Edinburgh Tower, The Landmark, 15 Queen’s Road, Central, Hong Kong, to consider and vote on, among other things, the proposal to authorize and approve the formerly declared agreement and plan of merger, dated April 26, 2015 (the “Merger Agreement”), among the Company, Perfect Peony Holding Company Limited (“Parent”), an exempted company with limited liability incorporated under the laws of the Cayman Islands and beneficially owned by Mr. Michael Yufeng Chi, the Company’s founder and chairman of the board of directors, and Perfect World Merger Company Limited (“Merger Sub”), a wholly owned partner of Parent, and the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands, substantially in the form attached as Annex A to the Merger Agreement (the “Plan of Merger”) and the transactions contemplated thereby, counting the Merger.

Perfect World Co., Ltd., through its auxiliaries, engages in the research, development, operation, and licensing of online games in the People’s Republic of China, the United States, Europe, Japan, Southeast Asia, and South Korea. The company develops online games based on its proprietary game engines and development platforms.

Liberty Global plc - Class A Ordinary Shares (NASDAQ:LBTYA)’s shares gained 0.02% to $48.99.

Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK) recently declared that it accomplished its formerly declared distribution of the tracking stock for its operations in Latin America and the Caribbean (the “LiLAC Group”) to shareholders. The LiLAC Class A (LILA) and Class C (LILAK) ordinary shares will trade on NASDAQ, and the LiLAC Class B (LILAB) ordinary shares will trade on OTC Link. The Liberty Global Class A, Class B and Class C ordinary shares will continue to trade on NASDAQ under the symbols LBTYA, LBTYB and LBTYK, respectively.

Mike Fries, CEO of Liberty Global, stated, “The launch of our LiLAC tracking stock is an exciting event, which we believe will enhance long-term equity value for shareholders. Our cable operations in Chile and Puerto Rico are two of the most advanced platforms in the region. Both businesses have comprising delivered strong financial results and should continue to generate mid- to high-single-digit rebased OCF growth going forward. LiLAC is also uniquely positioned to exploit the highly fragmented landscape characterized by low broadband and pay TV penetrations.”

Liberty Global plc, together with its auxiliaries, provides video, broadband Internet, fixed-line telephony, and mobile services in Europe, Chile, Puerto Rico, and internationally. The company offers various residential services, counting video services comprising basic and premium programming, which can be viewed on the television and Internet connected devices; electronic programming guide, high definition (HD) channels, digital video recorder (DVR), and HD DVR services; video-on-demand, set-top boxes, pay-per-view programming, and programming in three-dimensional format services, in addition to television applications that allow access to programming on laptops, smartphones, and tablets; and entertainment, sports, movies, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels.

At the end of Thursday’s trade, Fortinet Inc (NASDAQ:FTNT)‘s shares surged 2.00% to $41.38.

Fortinet Inc (FTNT), a global leader in high-performance cyber security solutions, recently declared its participation in the new AWS Marketplace Consulting Partner program from Amazon Web Services (AWS) designed to assist customers seamlessly discover and engage Fortinet and its consulting partners in AWS Marketplace. Organizations looking for the right solutions to enhance the security of their AWS Cloud environments now have a way to quickly and easily choose a consulting partner after purchasing a Fortinet product from AWS Marketplace.

AWS customers can now find Fortinet partners like 2nd Watch in AWS Marketplace, making it easier to get assist implementing and optimizing Fortinet’s advanced security software running on AWS.

Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various integrated security and networking functions to protect data, applications, and users from network- and content-level security threats; FortiManager product family to manage the system configuration and security functions of multiple FortiGate devices from a centralized console; and the FortiAnalyzer product family, which enables the collection, analysis, and archiving of content and log data generated by its products. It also offers FortiAP secure wireless access points; FortiWeb that provides security for Web-based applications; FortiMail for multi-featured messaging security; FortiDB for centrally managed database-specific security; FortiClient, an endpoint security product for desktops, laptops, and mobile devices; FortiScan for endpoint vulnerability assessment and remediation; and FortiSwitch Ethernet switches.

Ingersoll-Rand PLC (NYSE:IR), ended its Thursday’s trading session with -0.11% loss, and closed at $66.11.

Ingersoll-Rand plc (IR), a world leader in creating comfortable, sustainable and efficient environments, will release its 2015 second-quarter financial results on Tuesday, July 28, 2015, at 7:00 a.m. ET.

On the same day, Michael W. Lamach, chairman and chief executive officer, and Susan K. Carter, senior vice president and chief financial officer, will hold a conference call for analysts and investors, starting at 10:00 a.m. ET, to review the company’s results.

Ingersoll-Rand plc, together with its auxiliaries, designs, manufactures, sells, and services a portfolio of industrial and commercial products. It operates through Climate and Industrial segments. The Climate segment offers heating, ventilation, and air conditioning (HVAC) systems, in addition to commercial and residential building services, parts, support, and controls under the Trane and American Standard brands; and transport temperature control solutions under the Thermo King brand. It offers air cleaners and conditioners, air exchangers, air handlers, airside and terminal devices, building administration systems, bus and rail HVAC systems, chillers, coils and condensers, container refrigeration systems and gensets, control systems, cryogenic and diesel-powered refrigeration systems, furnaces, heat pumps, humidifiers, package heating and cooling systems, temporary heating and cooling systems, thermostats, trailer refrigeration systems, unitary systems, and vehicle-powered truck refrigeration systems; and auxiliary idle reduction, auxiliary temperature administration, energy and facility administration, installation and performance contracting, and repair and maintenance 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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