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Tuesday 4 August 2015
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Pre-Market News Alert on: Take-Two Interactive Software, (NASDAQ:TTWO), LifeVantage (NASDAQ:LFVN), Goodrich Petroleum (NYSE:GDP), Ecolab. (NYSE:ECL)

On Monday, Take-Two Interactive Software, Inc. (NASDAQ:TTWO)’s shares declined -0.60% to $31.39.

2K declared the debut of 2015 WWE Hall of Fame inductee and global action film icon Arnold Schwarzenegger in WWE® 2K16, the forthcoming release in the flagship WWE franchise. Best known for his acting, bodybuilding and political endeavors, Schwarzenegger, a longtime WWE fan and WWE Hall of Famer, will expand his relationship with WWE through WWE 2K16 with two playable characters – T-800 from The Terminator and Terminator 2: Judgment Day films. The playable characters will be accessible for those who pre-order the game at participating retailers for the PlayStation®4 and PlayStation®3 computer entertainment systems, in addition to Xbox One and Xbox 360. WWE 2K16 is planned for release on October 27, 2015 in North America and October 30, 2015 internationally.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and currency; and releasing titles for smartphones and tablets.

LifeVantage Corp (NASDAQ:LFVN)’s shares gained 6.79% to $0.624.

LifeVantage Corporation (LFVN), declared recently that Justin Rose has been named Chief Sales Officer for the company. Mr. Rose’s appointment was effective July 21, 2015.

Mr. Rose has enjoyed a long and successful career in the direct selling industry, having served for 26 years in senior sales and marketing roles at Nu Skin Enterprises, USANA Health Sciences, Melaleuca Inc., and Aveda. He most recently served as Senior Vice President of Sales and Field Development at Shaklee Corporation where he was responsible for regional sales development, sales incentives, distributor events and recognition, call center operations, and field training and support for North America.

LifeVantage Corporation identifies, researches, develops, and distributes nutraceutical dietary supplements and skin care products. It offers Protandim, a scientifically-validated dietary supplement; LifeVantage TrueScience, an anti-aging skin care product; and Canine Health, a companion pet supplement formulated to combat oxidative stress in dogs.

At the end of Monday s trade, Goodrich Petroleum Corporation (NYSE:GDP)‘s shares dipped -0.69% to $0.890.

Goodrich Petroleum Corporation (GDP) declared that it has reached a definitive agreement to sell its proved reserves and associated leasehold in the Eagle Ford Shale in LaSalle and Frio Counties, Texas for $118 million, subject to purchase price adjustments as offered for in the Purchase and Sale Agreement. The effective date of the transaction is July 1, 2015 with an predictable closing date on or before September 4, 2015. The Company is retaining about fifty-eight percent (~ 17,000 net acres) of its undeveloped leasehold in the play for future development or sale. The asset being sold produced an average of about 2,850 barrels of oil equivalent (“Boe”) per day (~75% oil) during the first quarter of 2015.

The Company anticipates to book a gain of about $50-60 million on the sale at closing after factoring in customary closing adjustments. The Company plans to pay off its bank revolver and retain the difference in cash from the sales proceeds.

Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. The company holds interest in the Tuscaloosa Marine Shale located in southwest Mississippi and southeast Louisiana; the Eagle Ford Shale Trend located in South Texas; and the Haynesville Shale Trend in Northwest Louisiana and East Texas.

Ecolab Inc. (NYSE:ECL), ended its Monday’s trading session with -0.46% loss, and closed at $115.28.

Ecolab Inc. President and Chief Operating Officer Thomas W. Handley will address financial analysts at the Jefferies 2015 Industrials Conference on Tuesday, August 11 in New York. Ecolab will host a live webcast of Mr. Handley’s presentation.

Ecolab Inc. provides water, hygiene, and energy technologies and services for customers worldwide. The company operates in four segments: Global Industrial, Global Institutional, Global Energy, and Other. The Global Industrial segment provides water treatment and process applications, and cleaning and sanitizing solutions primarily to large industrial customers within the manufacturing, food and beverage processing, chemical, mining and primary metals, power generation, pulp and paper, and commercial laundry industries.

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