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Tuesday 16 June 2015
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Pre-Market News Alert on: Store Capital (NYSE:STOR), DISH Network (NASDAQ:DISH), Ball (NYSE:BLL), Horizon Pharma (NASDAQ:HZNP)

On Friday, Store Capital Corp (NYSE:STOR)’s shares inclined 0.53% to $20.86.

Store Capital Corp (STOR) an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, declared recently that it has accomplished its follow-on public offering of 11,562,500 shares of common stock sold by the Company and 9,712,500 shares of common stock sold by the selling stockholder, counting 2,775,000 shares of common stock sold by the selling stockholder in connection with the full exercise of the underwriters’ option to purchase additional shares, at a public offering price of $20.25.

Goldman, Sachs & Co., Credit Suisse and Morgan Stanley acted as joint book-running managers for the offering. BMO Capital Markets, Citigroup, KeyBanc Capital Markets and Wells Fargo Securities acted as joint lead managers for the offering; and Baird, Cowen and Company, Ladenburg Thalmann & Co. Inc., Raymond James, Stifel and SunTrust Robinson Humphrey acted as co-managers for the offering.

STORE Capital is a privately owned real estate investment trust. The firm invests in the real estate markets. It primarily invests in single-tenant properties counting chain restaurants, supermarkets, drugstores and other retail, service and distribution facilities. STORE Capital is based in Scottsdale, Arizona.

DISH Network Corp (NASDAQ:DISH)’s shares dropped -0.23% to $72.62.

DISH Network Corp (DISH) is launching the “Sling Latino” brand, a live and on demand, over-the-top streaming service, giving Spanish-speaking and bilingual viewers more choice in TV content. Starting today, viewers can select from two base packages, “Paquete Total” (22 channels for $12 per month) or “Paquete Esencial” (16 channels for $7 per month), each with live and on-demand content ranging from sports and general entertainment to movies and family programming.

In addition to “Paquete Total” and “Paquete Esencial,” Sling Latino is launching with two packages featuring popular channels from Colombia and Spain (España). The variety offered by Sling Latino enables viewers to custom tailor their programming, counting the flexibility to combine Spanish-language services with Sling TV’s “Best of Live TV” English offering into one user experience.

DISH Network Corporation, through its auxiliaries, provides pay TV services in the United States. The company operates through two segments, DISH and Wireless. The company provides video services under the DISH brand. It also offers programming packages that comprise regional and specialty sports channels, premium movie channels, and Latino and international programming through national broadcast networks, local broadcast networks, and national and regional cable networks; and receiver systems.

At the end of Friday’s trade, Ball Corporation (NYSE:BLL)‘s shares dipped -0.91% to $72.10.

Ball Corporation (BLL) will support Principal Investigator Dr. Philip Christensen at Arizona State University (ASU) to develop the Thermal Emission Imaging System for a NASA mission to study Jupiter’s moon, Europa.

The E-THEMIS is one of nine science instruments that will fly aboard a spacecraft to investigate whether the mysterious icy moon of Jupiter could harbor conditions suitable for life.

The E-THEMIS instrument will be built at ASU’s School of Earth and Space Exploration. ASU will do the instrument design, fabrication, assembly, test and calibration, together with mission operations and science data processing. Ball Aerospace will provide the engineering model and flight electronics, and will lead the development of the radiation-hardened microbolometer (used as a detector in a thermal camera) focal plane assembly and the design and implementation of the system radiation hardening and mitigation.

Ball Corporation, together with its auxiliaries, supplies metal packaging products to the beverage, food, personal care, and household products industries worldwide. It operates in four segments: Metal Beverage Packaging, Americas and Asia; Metal Beverage Packaging, Europe; Metal Food and Household Products Packaging; and Aerospace and Technologies. The Metal Beverage Packaging, Americas and Asia segment manufactures and sells metal beverage containers for use in beverage packaging.

Horizon Pharma PLC (NASDAQ:HZNP), ended its Friday’s trading session with -0.34% loss, and closed at $31.79.

Horizon Pharma PLC (HZNP) pulled back from all-time highs this week, but traders are buying more time for shares to resume their monster rally.

optionMONSTER’s Heat Seeker system detected the sale off 5,000 June 30 calls for $1.40 and the purchase of 5,000 July 32 calls for the ask price of $1.50. Volume was below previous open interest in the near-term contracts, indicating that a long position was rolled forward.

The trader is closing the June contracts, which expire at the end of next week, and paying a net $0.10 to stay in the trade for another month at a higher strike price. The new long calls, which lock in the purchase price of the stock and can provide noteworthy leverage, are looking for shares to rally by expiration in mid-July.

Horizon Pharma plc, a specialty biopharmaceutical company, engages in identifying, developing, acquiring or in-licensing, and commercializing medicines for the treatment of arthritis, pain, inflammatory, and/or orphan diseases in the United States and internationally.

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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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