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Tuesday 23 June 2015
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Pre-Market News Report on: Keurig Green Mountain Inc (NASDAQ:GMCR), MFA Financial, Inc. (NYSE:MFA),T. Rowe Price Group Inc (NASDAQ:TROW), Capstone Turbine Corporation (NASDAQ:CPST)

On Monday, Shares of Keurig Green Mountain Inc (NASDAQ:GMCR), lost -0.94% to $82.42.

Keurig Green Mountain, Inc., reported it has been ranked 14th among the 500 largest publicly-traded U.S. companies on environmental performance in a study done for Newsweek magazine. Keurig jumped to #14 from its #132 ranking in 2014.

The Newsweek Green Rankings are one of the world’s most recognized assessments of corporate environmental performance. Based on research from Corporate Knights Capital, together with a “Green Revenue” score powered by HIP (Human Impact + Profit) Investor Inc., the project features eight indicators that are used to assess and measure environmental performance.

Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. It sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands in K-Cup, Vue, Rivo, K-Carafe, and Bolt portion packs brands; and coffee in traditional packaging, counting bags and fractional packs, in addition to offers whole bean and ground coffee in bags, fractional packages, and cans.

Shares of MFA Financial, Inc. (NYSE:MFA), declined -0.76% to $7.87, during its last trading session.

MFA Financial, declared that in accordance with the terms of its 7.50% Series B Cumulative Redeemable Preferred Stock, the Board of Directors has declared a preferred stock dividend of $0.46875 per share for the quarter ending June 30, 2015. This dividend is payable on June 30, 2015, to preferred stockholders of record as of June 2, 2015.

MFA Financial, Inc., a real estate investment trust (REIT), invests in residential agency and non-agency mortgage-backed securities (MBS), and residential whole loans in the United States (the U.S.). Its MBS are secured by hybrid mortgages, adjustable-rate mortgages, and 15-year and longer term fixed-rate mortgages, in addition to by mortgages that have interest rates that reset more frequently.

At the end of Monday’s trade, Shares of T. Rowe Price Group Inc (NASDAQ:TROW), gained 0.28% to $79.07.

T. Rowe Price’s Retirement Saving & Spending Study revealed that a national sample of 1,505 millennials with 401(k)s have relatively good financial habits, particularly when contrast with a national sample of 514 baby boomers with 401(k)s. While millennials are not saving at least 15% of their annual salary for retirement, as T. Rowe Price recommends, they recognize that saving for retirement is important and are interested in saving more.

More millennials than baby boomers track expenses carefully (75% vs. 64%) and stick to a budget (67% vs. 55%). And while baby boomers on average are saving a slightly higher percentage of their salary for retirement than millennials are saving, more millennials have raised their retirement savings within the past 12 months (40% vs. 21%). This suggests that they are acting in accordance with their financial priorities, as millennials ranked contributing to a 401(k) but below the match and paying down debt equally as their top priority.

T. Rowe Price Group, Inc. is a publicly owned asset administration holding company. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions.

Finally, Capstone Turbine Corporation (NASDAQ:CPST), ended its last trade with -2.72% loss, and close at $ 0.505.

Capstone Turbine Corporation, declared its financial results for the fourth quarter and fiscal year ended March 31, 2015.

Highlights

  • Gross margin of $18.3 million, or 16% of revenue, for Fiscal 2015
  • Gross margin as a percentage of revenue flat contrast to Fiscal 2014 despite a 13% decline in revenue, reflecting operational improvements to the cost structure
  • Accessories, parts and service revenue up 7%
  • Factory Protection Plan (FPP) backlog of $61.2 million as of March 31, 2015
  • Cash balance of $32.2 million as of March 31, 2015

Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide.

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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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