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Sunday 14 June 2015
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Pre-Market Stocks Recap: Boeing (NYSE:BA), Ingram Micro (NYSE:IM), Duke Realty (NYSE:DRE), Macy’s, (NYSE:M)

On Thursday, Boeing Co (NYSE:BA)’s shares inclined 0.93% to $142.94.

Boeing Co (BA) and Myanmar National Airlines celebrated the delivery of the airline’s first Next-Generation 737-800 leased from GE Capital Aviation Services (GECAS), the commercial aircraft leasing arm of GE. The celebration also marked the first all-new Boeing airplane to be delivered to any Myanmar-based airline.

The airplane is the first to feature Myanmar National Airlines’ new livery and interior, and the airline plans to expand its network outside Myanmar with the introduction of its 737

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital.

Ingram Micro Inc. (NYSE:IM)’s shares gained 0.07% to $27.00.

Ingram Micro Inc. (NYSE:IM) declared that it is further expanding its accessories portfolio of products with the signing of a contract with BrightSKY to become the distributor of simpliFi™, an instant 4G LTE plug and play wireless router designed for small to medium businesses (SMB), business travelers and consumers. Accessible third quarter, Ingram Micro Mobility is now taking orders for simpliFi™ from national retailers and value-added resellers.

simpliFi’s patented technology provides businesses and consumers with Internet connectivity and networking in seconds. simpliFi is multi-carrier variant and users can add a line to their existing wireless account. This portable network-in-a-box features 30-second setup using a SIM card to activate, no drivers or software to download, WAN and Bluetooth connectivity, 32 Wi-Fi connections with an 800-foot line of sight range, Linux OS, high-end security and robust Failover. Utilizing cellular bandwidth and the ability to combine with traditional broadband internet services.

Ingram Micro Inc. distributes information technology (IT) products; and provides supply chain and mobile device lifecycle services worldwide. The company offers printers, scanners, displays, projectors, monitors, panels, mass storage, and tape products; digital signage products; digital cameras and video disc players, game consoles, televisions, audio, small appliances, media management, and home control products; barcode/card printers, AIDC scanners and software, and wireless infrastructure products; Internet protocol video surveillance, security and fire alarm systems, and access control smart cards; processors, motherboards, hard drives, and memory products; and ink and toner supplies, paper, carrying cases, and anti-glare screens.

At the end of Thursday’s trade, Duke Realty Corp (NYSE:DRE)‘s shares surged 0.89% to $19.18.

Ridge Development, the industrial development arm of Transwestern Development Co., declares speculative construction has commenced on the first building in a planned two-building project owned and managed by Indianapolis-based Duke Realty Corp. (DRE). Duke Perris Logistics Center is located at 3300 – 3500 Indian Ave. in Perris, California. Planned for delivery in August 2015, Building II is a speculative, 783,407-square-foot warehouse/distribution facility. Construction on the second building, a planned 1,224,874-square-foot facility, will start when a tenant is secured or when market conditions are appropriate.

Located less than a mile from I-215, Building II offers a 36-foot clear height, ESFR fire protection system, 183 trailer parking spaces and 276 vehicle parking spaces. Additionally, the building comprises 118 dock-high loading doors and will be LEED® Certified. The I-215 South submarket is home to many prominent companies counting Amazon.com Inc., Home Depot Inc., Lowe’s Companies Inc., Whirlpool Corp., Hanesbrands Inc. and Proctor & Gamble Co.

The buildings were designed by HerdmanRierson architecture+design Inc., and Fullmer Construction is the general contractor. Thomas Taylor, Steven Bellitti and Summer Coulter of Colliers International are providing leasing services.

Duke Realty Corporation is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It offers a single point of responsibility for all aspects of a project, counting leasing, asset administration, construction and development.

Macy’s, Inc. (NYSE:M), ended its Thursday’s trading session with 0.55% gain, and closed at $68.92.

Macy’s, Inc. (M) declared that it has signed a contract with Men’s Wearhouse to open licensed tuxedo rental shops within 300 Macy’s stores nationwide.

These Macy’s-branded shops will be operated by Men’s Wearhouse and staffed by its trained formalwear professionals in dedicated space located in or near the men’s department in Macy’s stores. They will be fully integrated in Macy’s storewide wedding experience, and support Millennial merchandising strategies related to proms and other special occasions.

Macy’s, Inc., together with its subsidiaries, operates stores and Internet Websites in the United States. Its stores and Websites sell a range of merchandise, including apparel and accessories for men, women, and children; cosmetics; home furnishings; and other consumer goods.

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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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