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Friday 31 July 2015
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Pre-Market Stocks Roundup: Nordic American Tanker (NYSE:NAT), Platform Specialty Products (NYSE:PAH), Waste Administration, (NYSE:WM), HMS Holdings (NASDAQ:HMSY)

On Friday, Nordic American Tanker Ltd (NYSE:NAT)’s shares declined -2.52% to $16.02.

Nordic American Offshore Ltd. declared that its Board of Directors has declared a dividend of $0.17 per common share for the 2nd quarter 2015. This is the same as for the previous quarter for this newly established company which was stock listed on NYSE June 12, 2014. The payment of dividend is predictable to take place on or about August 19, 2015 to shareholders of record as of August 5, 2015.

Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. As of December 31, 2014, it owned 24 Suezmax crude oil tankers, counting two new buildings under construction. The company was founded in 1995 and is based in Hamilton, Bermuda.

Platform Specialty Products Corp (NYSE:PAH)’s shares dropped -4.96% to $22.61.

Platform Specialty Products Corporation (PAH) declared that it intends to release its second quarter 2015 financial results before market opens on Thursday, August 13, 2015.

Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, Asia, and Europe. The company’s Performance Materials segment manufactures and markets plating products that are used to plate holes; final finishes, which are used on printed circuit boards; circuit formation products to promote adhesion and form circuit patterns; oxides that are used in the fabrication of multilayer circuit boards; and pre-treatment and cleaning solutions.

At the end of Friday’s trade, Waste Administration, Inc. (NYSE:WM)‘s shares dipped -0.51% to $48.83.

Waste Administration, Inc. (WM) declared financial results for its quarter ended June 30, 2015. Revenues for the second quarter of 2015 were $3.32 billion contrast with $3.56 billion for the same 2014 period. Net income for the quarter was $274 million, or $0.60 per diluted share, contrast with net income of $210 million, or $0.45 per diluted share, for the second quarter of 2014. On an as-adjusted basis, not taking into account certain items, net income was $306 million, or $0.67 per diluted share, in the second quarter of 2015, contrast with $270 million, or $0.58 per diluted share, in the second quarter of 2014.(b)

The Company’s as-adjusted second quarter 2015 results exclude a $0.07 per diluted share charge to operating expenses associated with resolving the Company’s withdrawal liability from certain underfunded multiemployer pension plans. The Company’s second quarter 2014 results have been adjusted to exclude a negative impact of $0.15 per diluted share, primarily related to the divestiture of operations in Puerto Rico, and the earnings from businesses and assets divested in 2014, which contributed $0.02 per diluted share to earnings in the second quarter of 2014.(b)

Waste Administration, Inc., through its auxiliaries, provides various waste administration environmental services to residential, commercial, industrial, and municipal customers in North America. It offer collection services, counting picking up and transporting waste and recyclable materials from where it was generated to a transfer station, and material recovery facility, or disposal site, in addition to develops and operates landfill gas-to-energy facilities in the United States.

HMS Holdings Corp (NASDAQ:HMSY), ended its Friday’s trading session with 2.92% gain, and closed at $11.98.

HMS Holdings Corp. (HMSY) declared it will report second quarter 2015 financial and operating results at 7:30 a.m. CT / 8:30 a.m. ET on Friday, August 7, 2015. Supplemental financial information, counting the press release and presentation, will be released at about 5:00 a.m. CT / 6:00 a.m. ET and will also be accessible on the Company’s investor relations web site at http://investor.hms.com.

HMS Holdings Corp., through its auxiliaries, provides healthcare insurance benefit cost containment services in the United States. The company’s coordination of benefits services provide cost avoidance services that offer validated insurance coverage information, which is used by government-sponsored payers to coordinate benefits for incoming claims; payment integrity services to identify improper payments on a pre-payment and post-payment basis, identify and recover overpayments, detect and prevent fraud and abuse, and identify process improvements; and eligibility verification services comprising asset and income verification, premium assistance, dependent eligibility audits, and other verification solutions.

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