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Friday 7 August 2015
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Pre-Market Stocks Highlights: PulteGroup, (NYSE:PHM), New Gold (NYSEMKT:NGD), E-House Holdings (NYSE:EJ), Trina Solar (NYSE:TSL)

On Wednesday, PulteGroup, Inc. (NYSE:PHM)’s shares declined -2.20% to $20.45.

PulteGroup, Inc. (PHM) declared that it will release its second quarter 2015 financial results before the market opens on Thursday, July 23, 2015. The Company will hold a conference call to talk about second quarter results that same day at 8:30 a.m. (ET).

PulteGroup, Inc., through its subsidiaries, engages in the homebuilding business; mortgage banking operations; and title operations in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on land. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Pulte Homes, Del Webb, and Centex brand names.

New Gold Inc. (USA) (NYSEMKT:NGD)’s shares gained 3.10% to $2.66.

New Gold Inc. (NGD) plans to release its second quarter 2015 financial results after market close on Tuesday, July 28, 2015 . A webcast and conference call to talk about these results will be held on Wednesday, July 29, 2015 at 9:00 a.m. Eastern time . Participants may listen to the webcast by registering on our website at www.newgold.com. You may also listen to the conference call by calling toll free 1-888-231-8191, or 1-647-427-7450 outside of the U.S. and Canada. A recorded playback of the conference call will be accessible until August 31, 2015 by calling toll free 1-855-859-2056, or 1-416-849-0833 outside of the U.S. and Canada, passcode 76281198. An archived webcast will also be accessible until October 28, 2015 at www.newgold.com.

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 Wednesday’s trade, E-House (China) Holdings Limited (ADR) (NYSE:EJ)‘s shares dipped -1.85% to $5.31.

E-House Holdings Limited (EJ), a leading real estate services company in China, recently declared that the independent special committee of the Company’s Board of Directors (the “Independent Committee”), formed to consider a non-binding “going-private” proposal by Mr. Xin Zhou, co-chairman of the Board and chief executive officer of E-House, and Mr. Neil Nanpeng Shen, a member of the Board, was informed that SINA Corporation (“SINA”) (SINA), an existing shareholder of the Company, had joined the buyer group by entering into a consortium agreement with Mr. Zhou and Mr. Shen (together with SINA, the “Consortium Members”), following which they have agreed to, among other things, form a consortium to work exclusively with one another to undertake the “going-private” transaction to acquire all the outstanding shares of the Company other than the shares owned by the Consortium Members or their associates (the “Transaction”).

The Consortium Members and their respective associates presently own, in the aggregate, about 48% of the Company’s total issued and outstanding shares.

E-House was also informed that SINA has agreed to exchange all the E-House shares held by SINA at the closing of the Transaction (the “Closing”) for a portion of the ordinary shares of Leju Holdings Limited (“Leju”) held by E-House at the Closing, based on an exchange ratio determined in accordance with a mutually agreed formula. Leju is a majority owned partner of E-House and is listed on the New York Stock Exchange.

E-House (China) Holdings Limited, through its auxiliaries, operates as a real estate services company in the People’s Republic of China. It operates through Real Estate Online Services; Real Estate Brokerage Services; Real Estate Information and Consulting Services; Community Value-Added Services; and Other Services segments. The company offers real estate e-commerce services, online property listing services and free services, and listing services; and advertising primarily on the SINA and Baidu new residential properties and home furnishing Websites.

Trina Solar Limited (ADR) (NYSE:TSL), ended its Wednesday’s trading session with -7.93% loss, and closed at $9.52.

Trina Solar Limited (TSL), a global leader in photovoltaic modules, solutions, and services, recently declared the North America launch of Trinaswitch, the next generation of smart solar modules. This module provides innovative new technology built into the junction box, allowing a more seamless integration for safety and compliance.

Trinaswitch is the only smart module on the market with upgradeable functionality such as string flexibility and advanced optimization performance features.

Trinaswitch modules are NEC 2014 690.12 compliant. They meet the 2014 NEC Rapid Shutdown safety standards which is now required in more than 24 states. By 2017, nearly all US states will be required to meet this standard.

Trina Solar Limited operates as an integrated solar-power products manufacturer and solar system developer in the People’s Republic of China, Europe, the United States, and other Asia Pacific regions. The company designs, develops, manufactures, and sells photovoltaic (PV) modules comprising monocrystalline and multicrystalline PV modules ranging in various power outputs for use in residential, commercial, industrial, and other solar power generation systems. It also provides mono- and multi-crystalline silicon ingots, wafers, cells, and related products, in addition to PV modules based on customer and end-user specifications.

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