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Thursday 13 August 2015
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Pre-Market Stocks Roundup: Globalstar, (NYSEMKT:GSAT), Foot Locker, (NYSE:FL), Tripadvisor (NASDAQ:TRIP), Pilgrim’s Pride (NASDAQ:PPC)

On Wednesday, Globalstar, Inc. (NYSEMKT:GSAT)’s shares declined -3.61% to $1.87.

Globalstar, Inc. (GSAT) the leader in satellite communications and emergency notification technologies, recently declared that Disaster Tech Lab is using Globalstar’s satellite phones and SPOT handheld messengers to improve the efficiency of its humanitarian rescue operations and enhance the safety of its volunteers in disaster zones. Disaster Tech Lab sets up networks and services that enable communications for aid organizations and NGOs in addition to affected communities. These services will now be backed by Globalstar’s instant infrastructure independent of terrestrial coverage, which means even more rapid provisioning of interoperable communications systems.

Disaster Tech Lab’s volunteers in Nepal, setting up communications networks in the aftermath of the recent earthquakes, are already using SPOT Gen3(R) units. The rugged, easy-to-use handheld devices are set up to automatically report the user’s location at regular intervals. The device comprises a ‘check-in’ button to send to Disaster Tech Lab’s headquarters with a prepared message, indicating that all is OK, in addition to an SOS feature in case of emergency. SPOT has initiated over 3,500 life-saving rescues to date and is already relied upon by numerous emergency administration organizations.

Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, counting mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services.

Foot Locker, Inc. (NYSE:FL)’s shares dropped -1.50% to $72.22.

Foot Locker, Inc. (FL) the New York-based specialty athletic retailer, declares its partnership with ASICS America Corporation to launch its “Real Lives. Real Runners.” campaign, ahead of the 2015 TCS New York City Marathon. Whether it’s a mile or a marathon, all runners have a story, and this campaign will provide a platform to capture and share their stories.

Building on the successful 2014 “All Runners Welcome” campaign from Foot Locker and ASICS, “Real Lives. Real Runners.” invites filmmakers to identify authentic runners and document in a short film why they run and how running impacts their lives. The winning film will air nationally during the television broadcast of the 2015 TCS New York City Marathon, and the winning filmmaker will receive a cash prize from MOFILM, plus an all-expenses paid trip to Los Angeles for the annual MOFILM Awards.

Filmmakers can submit up to a three-minute piece, celebrating runners from all walks of life, with shortened versions of 30 and 60 seconds. Deadline for submissions is Sept. 7, 2015. For more information, entrants should visit MOFILM.com.

Foot Locker, Inc. operates as an athletic shoes and apparel retailer. The company operates in two segments, Athletic Stores and Direct-to-Customers. The Athletic Stores segment retails athletic footwear, apparel, accessories, and equipment under various formats, counting Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Footaction, and SIX:02, in addition to Runners Point, and Sidestep. As of January 31, 2015, it operated 3,423 primarily mall-based stores in the United States, Canada, Europe, Australia, and New Zealand. The Direct-to-Customers segment sell athletic footwear, apparel, equipment, team licensed products, and private-label merchandise through Internet Websites, mobile sites, and catalogs.

At the end of Wednesday’s trade, Tripadvisor Inc (NASDAQ:TRIP)‘s shares dipped -1.57% to $73.50.

The Independent Traveler, Inc. – publisher of three leading online travel sites, and part of the TripAdvisor Media Group – declares the appointment of Mike Ewing as general manager. Ewing will oversee the online publisher’s three brands – Cruise Critic, Family Vacation Critic and IndependentTraveler.com.

Preceding to joining The Independent Traveler, Inc., Ewing held administration roles at LogMeIn, Vistaprint, and Monster.com. Ewing’s professional career comprises time in the US in addition to time abroad with responsibility for large geographic regions. An avid traveler, Ewing has been around the world while managing global teams focused on consumer, media and B2B businesses. Ewing is a regular speaker and contributor on topics as wide-ranging as sales and marketing, building high-performance teams and venture funding.

TripAdvisor, Inc. operates as an online travel company. The company operates through two segments, Hotel and Other. Its travel research platform aggregates reviews and opinions about accommodations, destinations, activities and attractions, and restaurants that enable consumers to plan and book hotels, vacation rentals, flights, activities and attractions, and restaurants.

Pilgrim’s Pride Corporation (NASDAQ:PPC), ended its Wednesday’s trading session with 2.90% gain, and closed at $22.70.

Pilgrim’s Pride Corporation (PPC) declared that its Board of Directors has approved a new $150.0 million share repurchase authorization for its common stock over the next 12 months, reinforcing the Company’s commitment to creating shareholder value and the strength of Pilgrim’s balance sheet and operating cash flow.

The Company plans to implement its stock repurchase program through various means, which may comprise but are not limited to open market purchases, privately negotiated transactions, the use of derivative instruments and/or accelerated share repurchase programs. The extent to which the Company repurchases its shares and the timing of such repurchases will vary and depend upon market conditions and other corporate considerations, as determined by the Company’s administration team. The Company reserves the right to limit or terminate the repurchase program at any time without notice.

Pilgrim’s Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the United States, Mexico, and Puerto Rico. It offers fresh chicken products comprising pre-marinated or non-marinated, and prepackaged refrigerated (nonfrozen) whole or cut-up chicken in various combinations of refrigerated whole chickens and chicken parts.

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