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Saturday 5 September 2015
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Stocks News Alert: Wal-Mart Stores, Inc. (NYSE:WMT), Basic Energy Services, Inc (NYSE:BAS), Pentair plc. Ordinary Share (NYSE:PNR)

On Friday, in the course of current trade, Shares of Wal-Mart Stores, Inc. (NYSE:WMT), dropped -1.82%, and is now trading at $63.73.

Sam’s Club, the warehouse division of Wal-Mart Stores, Inc., declared its new Auto Buying Program, which provides guaranteed savings off the manufacturer’s suggested retail price (MSRP) on new cars and access to exclusive member savings on used cars.

The all-new Auto Buying Program, now powered by TrueCar, is the latest way Sam’s Club is increasing the value of membership by assisting members take the hassle out of car buying.

At launch, Sam’s Club members will have access to more than 10,000 TrueCar Certified Dealers nationwide – more than three times the nearest competitor in the warehouse club channel.

Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club. It operates discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, restaurants, apparel stores, drug stores, and convenience stores, in addition to retail Websites, such as walmart.com and samsclub.com.

During an Afternoon trade, Shares of Basic Energy Services, Inc (NYSE:BAS), climbed 0.36%, and is now trading at $5.53.

Basic Energy Services declared that its administration would be presenting at the Barclays CEO Energy-Power Conference to be held in New York City from September 8-10, 2015.

Roe Patterson, President and Chief Executive Officer, is planned to present on Wednesday, September 9, 2015, at about 3:45 p.m. Eastern Time (2:45 p.m. Central Time).

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs.

Finally, Pentair plc. (NYSE:PNR), lost -1.57% Friday.

Pentair plc, declared a new partnership to accelerate the development of commercial scale modern aquaponics.

“Aquaculture and aquaponics have the potential to assist the world meet its growing need for protein, and we have the technologies and expertise to assist grow the industry while sustainably producing food with less waste, energy and water,” states Randall J. Hogan, Pentair Chairman and CEO. “The partnership with Urban Organics is one more step in our efforts to assist this new industry bring healthy food to developing countries, arid climates and space-challenged urban centers.”

Initially, the venture will establish and operate an 87,000-square-foot indoor aquaponics facility in the former Schmidt`s brewery building in St. Paul. This will be one of the largest commercial aquaponics facilities in the world and will have the potential to annually produce 275,000 lbs. of fresh char, salmon, or trout, and 400,000 lbs. of organically grown produce, counting hydroponic basil, mint, kale, chard, lettuce, and watercress. Construction plans for the new facility are underway in anticipation of harvesting the first produce and fish by summer 2016.

Pentair plc operates as a diversified industrial manufacturing company in the United States, Europe, and internationally. The company operates through Valves & Controls, Technical Solutions, Flow & Filtration Solutions, and Water Quality Systems segments. It designs, manufactures, markets, and services valves, fittings, automation and controls, and actuators, in addition to provide engineering, design, and inspection, maintenance, and repair services.

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