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Sunday 13 September 2015
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Stocks Highlights: Coca-Cola Enterprises (NYSE:CCE), Oceaneering International(NYSE:OII), PACCAR Inc(NASDAQ:PCAR), Praxair, Inc.(NYSE:PX)

On Tuesday, Coca-Cola Enterprises Inc(NYSE:CCE)’s shares inclined 2.38% to $51.18.

Coca-Cola Enterprises (CCE) (Euronext Paris: CCE) will make a presentation to investors tomorrow, September 9, at the Barclays Global Consumer Staples Conference in Boston. The presentation starts at 12:45 p.m., EDT. The public can access the presentation through the company’s website, www.cokecce.com.

Coca-Cola Enterprises, Inc. produces, distributes, and markets non-alcoholic beverages in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. The company offers nonalcoholic ready-to-drink beverages with carbonation, counting energy drinks, waters, and flavored waters; and nonalcoholic beverages without carbonation, such as waters and flavored waters, juice and juice drinks, teas, coffees, and sports drinks.

Oceaneering International(NYSE:OII)’s shares gained 2.81% to $42.83.

Oceaneering International, Inc. (OII) declared that it secured a contract from Shell Offshore Inc. (“Shell”) to supply umbilicals for the deepwater Appomattox development located in the Mississippi Canyon area of the U.S. Gulf of Mexico.

The order is for electro-hydraulic steel tube control umbilicals, totaling about 60 kilometers (37 miles) in length. Product manufacturing is planned to be performed at Oceaneering’s umbilical facility in Panama City, Florida, and is predictable to commence in the fourth quarter of 2015 and be accomplished in the third quarter of 2017.

Oceaneering International, Inc. provides engineered services and products primarily to the offshore oil and gas industry worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drilling support in the oil and gas industry; and subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair services.

At the end of Tuesday’s trade, Praxair, Inc.(NYSE:PX)‘s shares surged 2.79% to $104.27.

The board of directors of Praxair, Inc. (PX) has declared a quarterly dividend of 71.5 cents per share, unchanged from the previous quarter. The dividend is payable on September 15, 2015 to shareholders of record on September 8, 2015.

The board of directors has also authorized a new share repurchase program for up to $1.5 billion of Praxair’s common stock. Praxair has about $500 million of repurchase authority accessible under its formerly declared buyback authorization from January 2014, giving it about $2.0 billion accessible for stock repurchases under these programs.

Praxair, Inc. produces, sells, and distributes atmospheric, process, and specialty gases, in addition to surface coatings in North America, Europe, South America, and Asia. The company offers atmospheric gases, such as oxygen, nitrogen, argon, and rare gases; and process gases comprising carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

PACCAR Inc(NASDAQ:PCAR), ended its Tuesday’s trading session with 1.34% gain, and closed at $57.60.

Kenworth’s Internet home page is at www.kenworth.com. Kenworth is a PACCAR company. (PCAR) UPS received the milestone 50,000th PACCAR MX series engine installed in a Kenworth truck during a special ceremony recently at Kenworth headquarters. The PACCAR MX-13 engine resides in a new, fuel-efficient Kenworth T680 Day Cab that will serve UPS operations in the Seattle area.

During the ceremony, Feight presented a special commemorative plaque to UPS representative Robert Filosa, UPS West Region Automotive Coordinator in Anaheim, Calif. UPS purchased its first Kenworth trucks with the PACCAR MX engine from MHC Kenworth in 2012. The company presently operates 1,000 Kenworth trucks equipped with the PACCAR MX.

PACCAR Inc, together with its auxiliaries, designs, manufactures, and distributes light, medium, and heavy-duty trucks and related aftermarket parts worldwide. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment offers its trucks for use in the over-the-road and off-highway hauling of freight, petroleum, wood products, and construction and other materials to independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles.

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