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Friday 26 June 2015
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Pre-Market Stocks Highlights: Royal Dutch Shell (NYSE:RDS.A), Iconix Brand Group (NASDAQ:ICON), Discovery Communications (NASDAQ:DISCA), HSBC Holdings (NYSE:HSBC)

On Friday, Royal Dutch Shell plc (ADR) (NYSE:RDS.A)’s shares declined -0.13% to $58.58.

Royal Dutch Shell plc (ADR) (RDS.A) declares that it has issued 23,430,143 A ordinary shares of €0.07 each in relation to the scrip dividend program for the first quarter 2015 interim dividend. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the “Code”), Royal Dutch Shell plc confirms that following this issue, it has the following relevant securities held and in issue outside treasury: 3,918,015,024 A ordinary shares of €0.07 each, with ISIN reference GB00B03MLX29; and 2,440,410,614 B ordinary shares of €0.07 each, with ISIN reference GB00B03MM408, each admitted to trading on the main market of the London Stock Exchange and on Euronext Amsterdam. The total number of Royal Dutch Shell plc A ordinary shares and B ordinary shares held and in issue outside treasury is 6,358,425,638. Royal Dutch Shell plc has A and B American Depositary Shares (“ADSs”) listed on the New York Stock Exchange. The Bank of New York Mellon acts as depositary. Each A ADS represents two A ordinary shares of €0.07 each and each B ADS represents two B ordinary shares of €0.07 each. The Royal Dutch Shell plc A ADSs have the trading symbol RDS.A and ISIN US7802592060 and the Royal Dutch Shell plc B ADSs have the trading symbol RDS.B and ISIN US7802591070.

Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy .

Iconix Brand Group Inc (NASDAQ:ICON)’s shares gained 1.70% to $26.97.

Iconix Brand Group Inc (ICON) declared the appointment of David K. Jones as Executive Vice President and Chief Financial Officer. He will report directly to Chief Executive Officer, Neil Cole, and will lead all of the finance and technology functions for the Company.

Mr. Jones joins Iconix after twelve years with Penske Automotive Group (PAG), an international transportation services company. During his tenure, Mr. Jones served as Penske’s Executive Vice President and Chief Financial Officer, in addition to Chief Financial Officer of European Operations. Mr. Jones led the international accounting and finance functions, and was responsible for strengthening the company’s balance sheet through a series of large transactions. He was involved in all aspects of the business counting operations, financial reporting, budgeting, information technology, banking and treasury. Prior to Penske Automotive, Mr. Jones spent 11 years at Andersen LLP and is a Certified Public Accountant.

Iconix Brand Group, Inc., a brand administration company, owns, licenses, and markets a portfolio of consumer brands across women’s, men’s, entertainment, and home primarily in the United States and internationally. The company brand portfolio comprises Candies’, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific, Danskin, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter, Waverly, Ecko Unltd, Marc Ecko Cut & Sew, Zoo York, Sharper Image, Umbro, and Lee Cooper brand names.

At the end of Friday’s trade, Discovery Communications Inc. (NASDAQ:DISCA)‘s shares surged 0.01% to $33.90.

Discovery Communications Inc. (DISCA) and 3M have declared that 10 students from across the country have been named finalists in the 2015 Discovery Education 3M Young Scientist Challenge for their use of scientific thinking and imagination to dream up a solution to an everyday problem that could ultimately reshape the way we live our lives.

After submitting a short video communicating the science behind a possible solution to an everyday problem, these young scientists rose to the top of the competition due to their science acumen, innovative thinking and exceptional communication skills demonstrated in their entry videos.

Discovery Education and 3M are proud to declare the following 10 finalists (in alphabetical order)*:

  • Peter Finch, Harrisville, R.I., Homeschool
  • Arthur Frigo, III, Jupiter, Fla., Turtle River Montessori
  • Raghav Ganesh, San Jose, Calif., Joaquin Miller Middle School, Cupertino Union School District
  • Amulya Garimella, Pittsburgh, Pa., Dorseyville Middle School, Fox Chapel Area School District
  • Iris Gupta, North Potomac, Md., Robert Frost Middle School, Montgomery County Public Schools
  • Hannah Herbst, Boca Raton, Fla., Alexander D. Henderson University School, Florida Atlantic University Schools

Each finalist will now have the exclusive opportunity to work directly with a 3M Scientist during a unique summer mentorship program, where they will be challenged to develop an innovation that positively impacts them, their family, their community or the global population. As part of the world-renowned program, students will meet virtually with their mentors, who will provide guidance as the finalist develops his or her idea from a concept into an actual prototype. Throughout the program, each student will have access to resources and support offered by 3M and Discovery Education. Students will then present their inventions during the competition’s final event at the 3M Innovation Center in St. Paul, Minn. October 12th and 13th.

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.

HSBC Holdings plc (ADR) (NYSE:HSBC), ended its Friday’s trading session with 0.12% gain, and closed at $46.76.

HSBC Holdings plc (ADR) (HSBC) has appointed trade veteran Inwha Huh as Head of Global Trade and Receivables Finance (GTRF), US and Canada, effective June 23, 2015. Inwha will be responsible for leading and managing GTRF activities across the United States and Canada for Commercial and Global Banking clients.

Inwha joins HSBC from GE Capital, where she established the Capital Markets practice as Managing Director and Head of Global Business Development & Capital Markets. Prior to this, Inwha held a variety of roles in trade finance and commercial banking in the U.S., UK and Asia. She will report jointly to Stuart Tait, Global Head of GTRF, and Wyatt Crowell, Senior Executive Vice President and Head of Commercial Banking, HSBC Bank USA.

HSBC Holdings plc provides banking and financial products and services. It operates through four businesses Retail Banking and Wealth Administration, Commercial Banking, Global Banking and Markets, and Global Private Banking. The company’s Retail Banking and Wealth Administration business offers a range of personal banking products and services, counting current and savings accounts, mortgages and personal loans, credit cards, debit cards, and local and international payment services; and wealth administration services comprising insurance and investment products, asset administration services, and financial planning services.

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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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