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Monday 14 September 2015
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Pre-Market News Analysis on: Opexa Therapeutics (NASDAQ:OPXA), Lowe’s Companies, (NYSE:LOW), UnitedHealth Group (NYSE:UNH), Zions (NASDAQ:ZION)

On Thursday, Opexa Therapeutics Inc (NASDAQ:OPXA)’s shares declined -0.17% to $0.599.

Opexa Therapeutics Inc (OPXA) declared that Neil K. Warma, President and Chief Executive Officer, will present at the Biotechnology Industry Organization (BIO) 2015 International Convention on Tuesday, June 16, 2015, at 1:45 p.m. EDT in Theater 1. The conference will be held at The Pennsylvania Convention Center (June 15-18, 2015, Philadelphia, PA).

Opexa Therapeutics, Inc., a biopharmaceutical company, develops personalized immunotherapy to treat multiple sclerosis (MS) and other autoimmune diseases, such as neuromyelitis optica (NMO) based on its proprietary T-cell technology.

Lowe’s Companies, Inc. (NYSE:LOW)’s shares dropped -0.19% to $69.04.

Last year Lowe’s Companies, Inc. (LOW) made fabric swatches and paint samples obsolete when it came to decorating. The home improvement store has built, what it dubs, a “holoroom.” It uses 3-D technology and augmented reality to allow customers to “walk” through a floor plan of their dream home. In the 20-foot by 20-foot specially designed room, customers can move anything from furniture to toilets and swap out floors and paint colors with the swipe of a finger on an iPad.

Customers can talk to the robot just as though they would speak to any sales associate. It’s equipped with a screen and it recognizes hand gestures made in front of the screen and can be used as a typical touch screen as well. The robot is also mobile and will roll up to customers to greet and escort them through the aisles.

Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.

At the end of Thursday’s trade, UnitedHealth Group Inc. (NYSE:UNH)‘s shares surged 1.08% to $119.32.

UnitedHealth Group Inc. (UNH) received a $20,000 grant from UnitedHealthcare that will focus on providing shelter, education and resources to underprivileged families and children in the community. The grant will also assist expand and support shelter programs needed for local residents to avoid becoming homeless again.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services.

Zions Bancorporation (NASDAQ:ZION), ended its Thursday’s trading session with -1.45% loss, and closed at $31.94.

Zions Bancorporation (ZION) hopes to achieve an efficiency ratio in the low 60s by fiscal 2017 as a result of the restructuring. The efficiency ratio is a measure of a bank’s overhead cost as a percentage of revenue. Thus, it signifies a bank’s ability to turn costs into revenues. A lower efficiency ratio indicates lowering costs or increasing revenues. The average efficiency ratio for regional banks within the XLF portfolio is 65.2 as compared to 73.1 for Zions, which is much higher.

Zions will maintain non-interest expenses below $1.60 billion in 2015 and 2016, and enhance that figure somewhat in 2017. For 1Q15, non-interest expense was $397 million, which improved from $423 million in the prior quarter. The company also aims to achieve double-digit returns on common equity over the long term contrast to 5.52 in the last quarter.

The net interest margin (or NIM) reduced to 3.22% in 1Q15 contrast to 3.25% in the fourth quarter of 2014, primarily due to lower loan yields on new production. Net interest income declined slightly by 0.08% year-over-year in 1Q15 as compared to an industry average decline of 2.8%.

Zions Bancorporation, a financial holding company, provides a range of banking and related services in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.

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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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