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Wednesday 24 June 2015
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Pre-Market News Analysis on: United Parcel Service, (NYSE:UPS), First Industrial Realty Trust, (NYSE:FR), Ascena Retail Group Inc (NASDAQ:ASNA)

On Tuesday, United Parcel Service, Inc. (NYSE:UPS)’s shares inclined 0.39% to $100.35.

UPS Capital(R), a partner of UPS(UPS) that provides supply chain financial, insurance and payment services, declared recently a partnership with Kabbage(R), a leading technology and data platform that powers automated small business lending. UPS Capital can now offer its small business customers seamless, real-time access to capital via Kabbage, to deliver the borrowing power they need to grow their businesses. The Kabbage technology platform continuously monitors the health and seasonality patterns of its customers to automatically deliver the right level of funding to each customer at the right time.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States. The International Package segment provides guaranteed day and time-definite international shipping services in Europe, Asia, Canada and Latin America, the Indian sub-continent, the Middle East, and Africa. It offers three guaranteed time-definite express options, counting Express Plus, Express, and Express Saver.

First Industrial Realty Trust, Inc. (NYSE:FR)’s shares gained 0.56% to $19.60.

First Industrial Realty Trust, Inc. (FR) declared that its board of directors declared a common stock dividend of $0.1275 per share/unit for the quarter ending June 30, 2015 payable on July 20, 2015 to stockholders of record on June 30, 2015.

First Industrial Realty Trust Inc. is a real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in industrial properties. The firm owns, manages, acquires, sells, develops, and redevelops industrial real estate. First Industrial Realty Trust Inc. formed on August 10, 1993 and is domiciled in the United States.

At the end of Tuesday’s trade, Ascena Retail Group Inc (NASDAQ:ASNA)‘s shares surged 1.27% to $16.40.

Ascena Retail Group Inc (ASNA) will be presenting at the Oppenheimer 15th Annual Consumer Conference at the Four Seasons Hotel in Boston, MA on Tuesday, June 23, 2015 at 11:05 am ET.

Ascena Retail Group, Inc., through its auxiliaries, operates as a specialty retailer of apparel for women, and tween girls and boys. It operates through five segments: Justice, Lane Bryant, maurices, dressbarn, and Catherines segments. The company offers apparel, accessories, footwear, intimates, wear-to-work, and casual sportswear; and lifestyle products, such as bedroom furnishings and electronics, in addition to social occasion apparel, career wear, dressy apparel, and active wear. Its principal retail brands comprise Justice, Brothers, Lane Bryant, Cacique, Right Fit, Maurices, Studio Y, Dressbarn, Catherines, Maggie Barnes, Liz&Me, and Serenada.

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