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Tuesday 21 July 2015
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Pre-Market News Analysis on: CNH Industrial NV (NYSE:CNHI), McKesson Corporation (NYSE:MCK), TE Connectivity Ltd (NYSE:TEL), Retail Properties of America Inc (NYSE:RPAI)

On Friday, Shares of CNH Industrial N.V. (NYSE:CNHI), climbed 4.72% to $9.09.

CNH Industrial NV, declared that Annalisa Stupenengo has been designated Brand President of FPT Industrial, the Company’s powertrain business.

Ms Stupenengo replaces Giovanni Bartoli who will retire on June 30, following 40 years with CNH Industrial and former group companies. CNH Industrial would like to thank Mr Bartoli for his many years of dedication and commitment to our company.

CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles, engines, transmissions, and axles worldwide.

Shares of McKesson Corporation (NYSE:MCK), lost -0.08% to $235.85.

McKesson Corporation will host its Investor Day at 9:00 a.m. ET on June 24, 2015, counting presentations by John Hammergren, Chairman and CEO; James Beer, EVP and CFO; Paul Julian, EVP and Group President, McKesson Distribution Solutions; Pat Blake, EVP and Group President, McKesson Technology Solutions; Brian Tyler, President, North America Pharmaceutical Distribution and Services; Mark Walchirk, President, McKesson U.S. Pharmaceutical; Nick Loporcaro, President, McKesson Specialty Health; Alain Champagne, President, McKesson Canada; Stanton McComb, President, McKesson Medical-Surgical; and Marc Owen, Chairman of the Administration Board, Celesio.

McKesson Corporation delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry in the United States and internationally.

Shares of TE Connectivity Ltd (NYSE:TEL), during its Friday’s trading session fell -1.08% to $68.92.

TE Connectivity Ltd., released its fifth annual Corporate Responsibility (CR) report, outlining the company’s progress across a range of areas, counting its impact on the environment, the communities it serves and the workplace it creates for its employees.

Highlights from TE’s 2014 Corporate Responsibility report comprise:

  • The Community: TE and the TE Connectivity Foundation supported more than 1,500 charitable organizations in 2014, contributing a total of $5.47 million to charities worldwide. Overall, volunteer hours raised from about 15,000 to 16,700 hours by TE employees in the U.S. and Mexico, in part due to TE’s “Dollars for Doers” program which donates funds to nonprofit organizations where employees volunteer their time.
  • The Environment: The company demonstrated its commitment to environmental stewardship by reducing greenhouse gas (GHG) emissions by 25 percent since 2010. TE’s water usage has also reduced 23 percent during the same period. In 2014, TE established a Center of Excellence (CoE) to facilitate partnership and knowledge sharing about energy. The CoE is focused on ready-to-deploy projects that impact TE’s overall energy consumption, from efficient lighting controls to waste heat recovery.
  • The Products: For the fourth successive year, TE Connectivity was named on the Thomson Reuters Top 100 Global Innovators list – an honor for companies dedicated to innovation, research and development. In that spirit, TE also created new products and partnerships focused on more sustainable solutions.

TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions.

Finally, Retail Properties of America Inc (NYSE:RPAI) , lost -1% Friday.

Retail Properties of America, declared that it closed on the acquisition of Woodinville Plaza located in the Seattle Metropolitan Statistical Area (“MSA”). The property was attained by the Company on an unencumbered basis for a gross purchase price of $35.3 million.

Woodinville Plaza is a 171,000 square foot grocery-anchored shopping center located on the Eastside of the Puget Sound region in a high barrier-to-entry sub-market. The property sits in a well-populated and affluent area of the Seattle MSA, with average household income of $111,000 and population of 189,000 within a five-mile radius. Positioned at a dominant intersection in downtown Woodinville, the property is 91.0% occupied and is anchored by County Market, a SUPERVALU concept, and supported by an attractive mix of national tenants, counting T.J. Maxx and Rite Aid, in addition to a variety of small shop offerings, counting fast-casual restaurants and service-oriented tenants. As a result of this transaction, and counting a formerly declared acquisition, the Company will own over 1.2 million square feet in the Seattle MSA which will be its fifth largest market, based on square footage. The Company’s portfolio in this market boasts strong trade area demographics, counting weighted average household income of $90,000 and population of 228,000 within a five-mile radius.

Retail Properties of America, is a real estate investment trust. It engages in acquisition, development and administration of properties. The trust invests in the real estate markets of United States.

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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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