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Thursday 1 October 2015
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Stocks Buzz - DiamondRock Hospitality Company (NYSE:DRH), Vishay Intertechnology (NYSE:VSH), Inovalon Holdings Inc (NASDAQ:INOV), Scorpio Bulkers Inc (NYSE:SALT)

On Monday, in the course of current trade, Shares of DiamondRock Hospitality Company (NYSE:DRH), climbed 0.13%, and is now trading at $11.85.

DiamondRock Hospitality Company, declared a quarterly dividend of $0.125 per share to stockholders of record as of September 30, 2015. The dividend will be paid on October 13, 2015.

DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America. The company operates its hotels under the Hilton, Marriott, and Westin brand names in New York, Los Angeles, Chicago, Boston, and Atlanta; and in destination resort locations, such as the United States Virgin Islands and Colorado.

During an Afternoon trade, Shares of Vishay Intertechnology (NYSE:VSH), climbed 0.25%, and is now trading at $9.92.

Vishay Intertechnology, wishes to extend its heartfelt condolences to the Chinese people regarding the explosion, which occurred on August 12, 2015 in the port of Tianjin.

Vishay owns and operates a manufacturing facility in Tianjin, which provides back-end packaging for some of our Diodes product lines. The shockwave of the explosion resulted in some damage to the facility. This included broken windows and some minor damage to exterior walls. The incident also resulted in minor injuries to some of our employees and we are grateful that none of our employees was more seriously hurt.

Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The company operates in five segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors, and Capacitors.

Shares of Inovalon Holdings Inc (NASDAQ:INOV), during its Monday’s current trading session raised 1.06%, and is now trading at $21.96.

Inovalon, has entered into a definitive agreement to acquire Avalere Health, Inc., a leading provider of data-driven advisory services and business intelligence solutions to the pharmaceutical and life sciences industry.

The addition of Avalere, with its more than 200 pharma/life sciences clients, is expected to significantly expand Inovalon’s leadership in the broader healthcare marketplace and enables the company to expand its industry leading capabilities into an expansive adjacent market. Avalere, a growing provider of data-driven advisory services that already serves 13 of the top 15-pharma companies, will operate as a subsidiary of Inovalon, enabling Inovalon the ability to offer a powerful combination of business intelligence, cloud-based analytics, and data-driven insights to the pharma/life sciences industry. Avalere’s CEO, Dan Mendelson, will join the executive leadership team of Inovalon where he will continue to lead the day-to-day operations of the core business of Avalere.

Inovalon Holdings, Inc., a technology company, provides advanced cloud-based data analytics and data-driven intervention platforms to the healthcare industry in the United States. Its platforms enable its clients to achieve meaningful insight and improvement in clinical and quality outcomes, utilization, and financial performance. The company was founded in 1998 and is headquartered in Bowie, Maryland.

Finally, Scorpio Bulkers Inc (NYSE:SALT), lost -1.20% Monday.

Scorpio Bulkers Inc., declared that Scorpio Services Holding Limited (“SSH”) purchased an aggregate of 500,000 common shares of the Company in the open market last week at an average price of $1.71 per share. The Company currently has 336,081,930 common shares outstanding, of which SSH owns 18,644,129, or 5.5%.

Scorpio Bulkers Inc., together with its subsidiaries, engages in the marine transportation of dry bulk commodities. Its fleet transports a range of major and minor bulk commodities, including ores, coal, grains, and fertilizers along worldwide shipping routes.

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