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Friday 28 August 2015
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Pre- Market News Review: Glu Mobile (NASDAQ:GLUU), Xilinx, (NASDAQ:XLNX), CenterPoint Energy, (NYSE:CNP), Manulife Financial (NYSE:MFC)

On Friday, Glu Mobile Inc. (NASDAQ:GLUU)’s shares declined -3.74% to $4.37.

Glu Mobile Inc. (GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, recently declared the availability of Tap Sports Football on the App Store and Google Play. Football fans build and manage a team of professional players, make planned decisions and compete against friends. Branded with the likeness of star quarterback Drew Brees, Tap Sports Football features all active players through Glu’s partnership with the National Football League Players Association (NFLPA).

Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, casual, racing, and sports genre mobile games. It creates games based on its own brands, counting Blood & Glory, Contract Killer, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, and Tap Sports: Baseball, in addition to based on third-party licensed brands, such as Kim Kardashian: Hollywood, Robocop: The Official Game, and Hercules: The Official Game. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide.

Xilinx, Inc. (NASDAQ:XLNX)’s shares dropped -2.08% to $40.40.

Xilinx, Inc. (XLNX) declared it will showcase All Programmable solutions for data center acceleration at Intel Developers Forum 2015. Through a series of demonstrations, Xilinx will highlight high-performance workload acceleration solutions enabling operators to enhance data center efficiency and capacity, optimize the return on invested capital, and decrease operating costs. To learn more, visit Xilinx at booth #458, September 18-29, 2015 at the Moscone West Convention Center, San Francisco, California.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP), which comprises of Xilinx and various third-party verification and IP cores.

At the end of Friday’s trade, CenterPoint Energy, Inc. (NYSE:CNP)‘s shares dipped -2.52% to $19.31.

CenterPoint Energy, Inc. (CNP) stated net income of $77 million, or $0.18 per diluted share, for the second quarter of 2015, contrast with $107 million, or $0.25 per diluted share for the same period of the preceding year. On a guidance basis, for the second quarter 2015, CenterPoint Energy earned 19 cents per diluted share comprising of 13 cents from utility operations and 6 cents from midstream investments.

Utility operations produced $186 million of operating income for the second quarter of 2015, equal to operating income for the same quarter of the preceding year. Equity income from midstream investments was $43 million for the second quarter of 2015, contrast with $71 million for the same period in the preceding year.

CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2014, this segment owned 28,282 pole miles of overhead distribution lines and 3,719 circuit miles of overhead transmission lines; 22,435 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 236 substations with a capacity of 57,477 megavolt amperes.

Manulife Financial Corporation (USA) (NYSE:MFC), ended its Friday’s trading session with -4.84% loss, and closed at $15.53.

Manulife Hong Kong has kicked off the second wave of a multimedia campaign with the launch of a new TV commercial recently to encourage Hong Kong consumers to embrace more active lifestyles through the ManulifeMOVE program. Featuring Cantopop star Pakho Chau, the high energy ads focus on Manulife’s unique health and wellness program that assists users get fit and save money at the same time.

Whether it is a hop, a skip or a jump, the new campaign ads show how easy it is to integrate movement into our daily lives. With ManulifeMOVE, people wear a fitness tracker which monitors their physical activity and that also assists them earn discounts on their insurance premiums. It is inspiration and motivation in one.

Manulife Financial Corporation, together with its auxiliaries, provides financial protection and wealth administration products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. It offers various individual life and health insurance, and individual and group long-term care insurance products through insurance agents, brokers, banks, financial planners, and direct marketing.

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