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Sunday 23 August 2015
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Stock Market Runners: Kansas City Southern (NYSE:KSU), Activision Blizzard, (NASDAQ:ATVI), UnitedHealth Group Incorporated (NYSE:UNH), National Oilwell Varco, (NYSE:NOV)

On Thursday, Shares of Kansas City Southern (NYSE:KSU), lost -2.29% to $94.89, hitting its lowest level.

Kansas City Southern, held its Annual Meeting of Stockholders on May 7, 2015 in Kansas City, Missouri. With over 91% of KCS’ outstanding common and preferred stock represented in person or by proxy at the Annual Meeting, the stockholders:

  • elected Lu M. Córdova and Thomas A. McDonnell to serve on the KCS Board of Directors until the Annual Meeting of Stockholders in 2016;
  • ratified the Audit Committee’s selection of KPMG LLP as KCS’s independent registered public accounting firm for the year ending December 31, 2015;
  • approved an advisory vote on the 2014 compensation of the KCS named executive officers;
  • rejected a stockholder proposal to reduce the ownership percentage needed to call a special stockholder meeting.

Kansas City Southern, through its auxiliaries, engages in the freight rail transportation business. It operates north/south rail route between Kansas City, Missouri, and various ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas in the midwest and southeast regions of the United States.

Shares of Activision Blizzard, Inc. (NASDAQ:ATVI), inclined 2.19% to $25.17, during its last trading session, hitting its highest level.

Activision Blizzard stated adjusted quarterly profit of 16 cents per share, beating estimates of 7 cents, with revenue well above analyst forecasts. The video game maker also raised its full year profit forecast, as its higher margin digital business improves.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.

At the end of Thursday’s trade, Shares of UnitedHealth Group Incorporated (NYSE:UNH), gained 2.30% to $118.53.

UnitedHealth has donated $87,500 in grants to support 17 nonprofit and community organizations’ efforts to enhance their health and wellness programs that assist Iowans live healthier lives.

One of the recipients, the Evelyn K. Davis Center for Working Families, received a $25,000 grant to fund the “Connecting to Support Program,” which offers job training for people who are unemployed, in addition to assistance connecting people with social service benefits.

Additional UnitedHealthcare grant recipients comprise:

  • Easter Seals Iowa – $10,000 for the Employability Program, which focuses on increasing prevocational skills to prepare people for community-based employment
  • Special Olympics – $10,000 for the Healthy Athletes Program and Challenge Days
  • Des Moines Area Religious Council – $5,000 for 12 food pantries located throughout Des Moines
  • Salvation Army of Mason City – $1,500 for basic needs such as gas to travel to medical appointments, hygiene items, food, clothing and shelter
  • Salvation Army of Des Moines – $1,500 to sponsor emergency relief and disaster assistance, and diaper coupons
  • Food Bank of Siouxland – $1,500 to food bank “Food for Kids” giveaway of more than 2,000 sacks of healthy food to six Siouxland-area elementary schools
  • Baby Closet at CrossPointe Church, Sioux City – $1,500 for program that provides free clothing and baby items for expecting moms, counting a donation of diaper voucher coupons
  • Food Bank of Iowa – $2,500 to support counties with mobile pantry and school pantry programs.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services.

Finally, National Oilwell Varco, Inc. (NYSE:NOV), ended its last trade with -1.27% loss, and closed at $51.22.

National Oilwell Varco, declared that its Board of Directors declared the regular quarterly cash dividend of $0.46 per share of common stock, payable on June 26, 2015 to each stockholder of record on June 12, 2015.

National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production operations and the provision of oilfield services to the upstream oil and gas industry.

National Oilwell Varco, Inc. designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production; and provides oilfield services to the upstream oil and gas industry worldwide. The company’s Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components.

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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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