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Friday 26 June 2015
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Pre- Market News Review: Quest Diagnostics (NYSE:DGX), New Gold (NYSEMKT:NGD), Oi SA (NYSE:OIBR), Discovery Communications (NASDAQ:DISCK)

On Tuesday, Quest Diagnostics Inc (NYSE:DGX)’s shares declined -0.24% to $72.10.

Quest Diagnostics Inc (DGX) the world’s leading provider of diagnostic information services, recently declared that its Care360 cloud-based electronic health record (EHR) has ranked number one among physician practices and groups with two to five practicing physicians. The ranking is based on a poll of 5,700 small and solo medical practices surveyed by Black Book™ in 2015.

Physicians across all specialties in these small-sized practices ranked Care360 EHR number one in overall satisfaction. The ranking comprises assessments in client experience and satisfaction with web-based EHRs based on 18 key performance indicators, such as implementations, updates, usability, customization and pricing. The survey results are accessible at: http://blackbookmarketresearch.com/ambulatory-alternate-site-ehr/

Quest Diagnostics Incorporated provides diagnostic testing information services in the United States and internationally. The company offers clinical testing services, such as routine testing, gene-based and esoteric testing, anatomic pathology services, and drugs-of-abuse testing, in addition to related services and insights; laboratory testing services for new drugs, vaccines, and medical devices; analytic, on-site prevention, and wellness services; and risk assessment services for the life insurance industry

New Gold Inc. (USA) (NYSEMKT:NGD)’s shares dropped -0.67% to $2.95.

New Gold Inc. (USA) (NGD) declared the appointment of Kay Priestly to its Board of Directors.

Ms. Priestly has over 35 years of experience in finance, accounting and executive administration. She spent 24 years with Arthur Andersen LLP as a Certified Public Accountant where she offered auditing, tax and consulting services and held various senior leadership positions. She ultimately served on the firm’s global executive team as Managing Partner, People. From 2006 to 2014, Ms. Priestly held various executive positions with Rio Tinto plc and its associates, counting four years as Chief Financial Officer, Copper for Rio Tinto’s global copper product group and two years as Chief Executive Officer of Turquoise Hill Resources Ltd., an international mining company with copper-gold operations in the Asia-Pacific region. Ms. Priestly holds a Bachelor of Science, Accounting from Louisiana State University.

New Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits.

At the end of Tuesday’s trade, Oi SA (ADR) (NYSE:OIBR)‘s shares dipped -0.49% to $2.05.

Oi SA (ADR) (OIBR) following art. 157, section 4, of Law No. 6,404/76 and CVM Instruction No. 358/02, informs its shareholders and the market in general that, after satisfying all of the contractual conditions precedent, the sale by Oi of all shares issued by PT Portugal SGPS, S.A. (“PT Portugal”) to Altice Portugal, S.A. (“Altice Portugal”), primarily encompassing the operations conducted by PT Portugal in Portugal and Hungary, as revealed in the Company’s Material Facts published on December 8, 2014, December 9, 2014, January 22, 2015 and April 22, 2015, became effective on this date.

Altice Portugal disbursed the total amount of 5.789 billion Euros for the acquisition of PT Portugal, of which 4.920 billion Euros were paid in cash to Oi and 869 million Euros were allocated to right away repay outstanding indebtedness of PT Portugal in Euros. The final purchase price is subject to post-closing adjustments to be calculated within the next months as a result of changes in the cash, indebtedness and working capital positions on the closing date.

Oi S.A. provides integrated telecommunication services for residential customers and governmental agencies, in addition to small, medium, and large companies in Brazil. It offers fixed-line voice services, such as installation, monthly subscription, metered services, collect calls, and supplemental local services; domestic and international long-distance services; broadband Internet access services; subscription television services; and bundled services, in addition to owns and operates public telephones.

Discovery Communications Inc. (NASDAQ:DISCK), ended its Tuesday’s trading session with 0.22% gain, and closed at $32.00.

As part of the recently declared Discovery at Sea program, in partnership with Discovery Consumer Products, the licensing arm of Discovery Communications, Princess Cruises is bringing guests closer than ever to the entertainment phenomenon of Shark Week with premiere television content, onboard parties, trivia games, giveaways and even shark-themed culinary bites and beverages.

Shark Week at Sea will challenge adults and kids alike with activities designed to surprise, amuse, educate and create an appreciation for these tremendously misunderstood denizens of the deep.

Discovery Communications, Inc. operates as a media company. The company operates through U.S. Networks; International Networks; and Education and Other segments. It owns and operates television networks under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.

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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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