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Sunday 13 September 2015
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Stocks Buzz - Tesoro Corporation (NYSE:TSO), Urban Outfitters, Inc. (NASDAQ:URBN), UnitedHealth Group Inc (NYSE:UNH)

On Friday, Shares of Tesoro Corporation (NYSE:TSO), gained 3.11% to $93.46.

Tesoro Corporation released its 2014 Social Responsibility Report that outlines the Company’s performance, approach and commitment to social and environmental responsibility. The report demonstrates Tesoro’s commitment to operating in a responsible manner while creating shared value for shareholders, employees, customers and the communities where it operates.

Highlights in 2014 comprise:

  • Safety: Tesoro had the best safety record yet for our Company in 2014. It beat its own safety targets – for both personal and process safety – and also performed better than industry averages.
  • Oil spill prevention and response: Tesoro is committed to environmental stewardship. Last year, Tesoro conducted more than 30 emergency response drills to test and refine its preparedness plans and has achieved a noteworthypercent decrease in spill volume in 2014. Looking ahead, Tesoro will continue to invest in additional training and new tools and technologies to enhance its emergency response process.
  • Air emissions: In 2014, Tesoro reduced air emissions such as NOX, SOX and particulates by 11 percent contrast to 2013, while its greenhouse gas emissions have raised. The Company aims to improve this performance through efficiency programs and with projects such as the Los Angeles Refinery Integration and Compliance project.

Tesoro Corporation, through its subsidiaries, engages in petroleum refining and marketing activities in the United States. It operates in three segments: Refining, Tesoro Logistics LP (TLLP), and Retail.

Shares of Urban Outfitters, Inc. (NASDAQ:URBN), inclined 0.81% to $31.05, during its last trading session.

Urban Outfitters declared net income of $67 million and $100 million for the three and six months ended July 31, 2015, respectively. Earnings per diluted share were $0.52 and $0.76 for the three and six months ended July 31, 2015, respectively.

Total Company net sales for the second quarter of fiscal 2016 raised 7% over the same quarter last year to a record $867 million. Comparable Retail segment net sales, which comprise our comparable direct-to-consumer channel, raised 4%. Comparable Retail segment net sales raised 14% at Free People, 4% at Urban Outfitters and 2% at the Anthropologie Group. Wholesale segment net sales rose 21%.

“We are happy to declare record sales for the second quarter driven by positive retail segment comp growth at each brand,” said Richard A. Hayne, Chief Executive Officer. “Without question, the brands` strong execution of our long-term strategy assisted fuel that sales growth and laid the groundwork for future improvements, as well,” finished Mr. Hayne.

Urban Outfitters, Inc., a lifestyle specialty retail company, engages in the retail and wholesale of general consumer products. The company operates in two segments, Retail and Wholesale. It serves its customers directly through retail stores, Websites, mobile applications, catalogs, and customer contact centers.

At the end of Friday’s trade, Shares of UnitedHealth Group Inc (NYSE:UNH), lost -0.44% to $117.25.

UnitedHealthcare and Optum, the health benefits and services companies of UnitedHealth Group (UNH), are ongoing to help people affected by ongoing wildfires in a number of counties across the State of Washington.

This comprises a free emotional-support line to assist people in the affected communities, and assisting health plan participants who may be affected and need to make alternate arrangements to ensure continuity of care.

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.

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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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