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Tuesday 9 June 2015
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Latest Update

Pre-Market Stocks Roundup: Manulife Financial (USA) (NYSE:MFC), Mobileye NV (NYSE:MBLY), Xilinx, (NASDAQ:XLNX), Cowen (NASDAQ:COWN)

On Friday, Manulife Financial Corporation (USA) (NYSE:MFC) shares inclined 1.12% to $19.04.

John Hancock Financial is a division of Manulife Financial Corporation (USA) (MFC), a leading Canada-based financial services group with principal operations in Asia, Canada and the United States.

The five John Hancock closed-end funds declared their monthly distributions

John Hancock Premium Dividend Fund

Premium Dividend Fund (the “Fund”) declared its monthly distribution following the Fund’s managed distribution plan (the “PDT Plan”). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.09 per share. This amount will be paid monthly until further notice.

Distributions under the PDT Plan may comprise of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital. The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not comprised of in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not comprised of in such regular monthly distributions. The Board may amend the terms of the PDT Plan or terminate the PDT Plan at any time.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund’s control and could cause actual results to differ materially from those set forth in the forward-looking statements.

An investor should consider a Fund’s investment objectives, risks, charges and expenses carefully before investing.

Manulife Financial Corporation, together with its auxiliaries, provides financial protection and wealth administration products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. It offers various individual life and health insurance, and individual and group long-term care insurance products through insurance agents, brokers, banks, financial planners, and direct marketing.

Mobileye NV (NYSE:MBLY)’s shares gained 0.52% to $46.14.

Mobileye NV (MBLY) declared that the Company is planned to present at the 2015 William Blair Growth Stock Conference in Chicago on Tuesday, June 9, 2015 at 12:10 p.m. CDT (11:10 a.m. EDT).

A live webcast of this presentation will be accessible on the investor relations portion of the company’s website at ir.mobileye.com, and a replay of the webcast will be archived on the website for 90 days.

Mobileye N.V., together with its auxiliaries, designs and develops software and related technologies for camera-based advanced driver assistance systems primarily in Israel. It operates through two segments, Original Equipment Manufacturing and After Market

At the end of Friday’s trade,( Xilinx, Inc. (NASDAQ:XLNX)‘s shares surged 0.17% to $47.29.

Xilinx, Inc. (XLNX) declared that it has collaborated with TSMC on the 7nm process and 3D IC technology for its next generation of All Programmable FPGAs, MPSoCs, and 3D ICs. The technology represents the fourth successive generation where the two companies have worked together on advanced process and CoWoS 3D stacking technology, and will become TSMC’s fourth generation of FinFET technology. The partnership will provide Xilinx a multi-node scaling advantage and build on its outstanding product, execution, and market success at 28nm, 20nm, and 16nm nodes.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP), which comprises of Xilinx and various third-party verification and IP cores.

Cowen Group Inc (NASDAQ:COWN), ended its Friday’s trading session with 2.43% gain, and closed at $6.32.

Cowen Group Inc (COWN) declared that Ryan Oatman, CFA has joined Cowen and Company’s Equity Research department as a Director to cover oil & gas exploration & production (E&P) stocks. Mr. Oatman is based in Houston and reports to Robert Fagin, Cowen’s Director of Research.

Mr. Oatman has seven years of experience in Energy sector equity research. He joins Cowen from SunTrust Robinson Humphrey where he was a research analyst, and formerly held similar roles at Canaccord Genuity and FBR Capital Markets.

Mr. Oatman holds a Bachelor of Science degree in Business Administration from Trinity University, and an MBA from the Mays Business School at Texas A&M University. He is also a CFA® charterholder.

Cowen’s energy equity research team comprises nine senior analysts whose coverage spans Energy Portfolio Strategy, Oilfield Services & Equipment, Oil & Gas Exploration & Production, Integrated Oil, Refining, Coal, Energy Transportation, Energy Metals, and Alternative Energy.

Cowen Group, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides alternative investment administration, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its auxiliaries.

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All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




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