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Wednesday 14 October 2015
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Stocks Roundup: Dollar General Corp.(NYSE:DG), Trimble Navigation Limited(NASDAQ:TRMB), Costco Wholesale Corporation(NASDAQ:COST), SolarCity Corp(NASDAQ:SCTY)

On Friday, Dollar General Corp. (NYSE:DG)’s shares inclined 0.55% to $72.56.

Dollar General Corporation (DG) declared that administration will present at the Goldman Sachs 22nd Annual Global Retailing Conference on Wednesday, September 9, 2015 at 8:50 a.m. Eastern Time at The Plaza Hotel in New York.

The presentation will be webcast and can be accessed live or as an archived replay through Wednesday, September 23, 2015 from the link on the Dollar General Investor Relations website under “Conference Calls and Investor Events.”

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, counting paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies; packaged food products, such as cereals, canned soups and vegetables, condiments, spices, sugar, and flour; perishables comprising of milk, eggs, bread, frozen meals, beer, and wine; snacks that comprise candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, such as over-the-counter medicines, in addition to soap, body wash, shampoo, dental hygiene, and foot care products; pet products, which comprise pet supplies and pet food; and tobacco products.

Trimble Navigation Limited (NASDAQ:TRMB)’s shares dropped -1.67% to $18.26.

Trimble (TRMB) declared that a SITECH® Technology Dealer has been established for Benin, Burkina Faso, Gambia, Republic of Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Senegal and Togo. Based in Dakar, Senegal, SITECH Western Africa joins the premier network of SITECH dealerships—the first fully dedicated global distribution network offering the most comprehensive portfolio of construction technology systems accessible to the heavy and highway contractor.

SITECH Technology Dealers represent Trimble® and Caterpillar® machine control systems for the contractor’s entire fleet of heavy equipment regardless of machine brand, together with Trimble’s portfolio of Connected Site® solutions—site positioning systems, construction asset administration services, software and powerful wireless and Internet-based site communications infrastructure.

The practiced construction professionals at each SITECH Technology Dealership can advise contractors on the appropriate construction technology solutions to utilize, and can provide high-quality local customer service, personalized training and technical support. As authorized dealers for Trimble site-wide solutions and Caterpillar’s machine control systems, the SITECH Technology Dealers understand how to apply innovative construction technology to assist solve a variety of contractors’ construction challenges. Leveraging technology, contractors can gain greater insight into their operations, enabling them to lower operating costs and improve accuracy, safety and productivity.

Trimble Navigation Limited provides technology solutions to enhance the work processes of office and mobile field professionals worldwide. The company’s Engineering and Construction segment offers field and office software for route selection and design; systems to guide and control construction equipment; systems to monitor, track, and manage assets, equipment, and workers; software to share and communicate data; 3D conceptual design and modeling software; BIM software for design, construction, and maintenance; integrated site layout and measurement systems; application products; integrated workplace administration services software; capital program and facility administration solutions; and field based data collection systems and software, communications systems, and back-office software.

At the end of Friday’s trade, Costco Wholesale Corporation (NASDAQ:COST)‘s shares dipped -1.42% to $138.48.

Costco Wholesale Corporation (“Costco” or the “Company”) (NASDAQ: COST) stated net sales of $8.7 billion for the month of August, the four weeks ended August 30, 2015, a decrease of one percent from $8.8 billion during the similar period last year.

For the 16-week fourth quarter, the Company stated net sales of $35.0 billion, an enhance of one percent from $34.8 billion in the fourth quarter last year, which ended August 31, 2014.

For the 52-week fiscal year ended August 30, 2015, the Company stated net sales of $113.7 billion, an enhance of three percent from the $110.2 billion stated last year.

The Company plans to release its operating results for the fourth quarter and fiscal year ended August 30, 2015, on September 29, 2015. A conference call to talk about these results is planned for 8:00 a.m. (PT), September 30, 2015, and will be accessible via webcast on www.costco.com (click on Investor Relations and “webcasts”).

Costco presently operates 686 warehouses, counting 480 in the United States and Puerto Rico, 89 in Canada, 36 in Mexico, 27 in the United Kingdom, 23 in Japan, 12 in Korea, 11 in Taiwan, seven in Australia and one in Spain. The Company plans to open up to an additional 14 new warehouses (counting two relocations) before the end of calendar year 2015. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom and Mexico.

Costco Wholesale Corporation, together with its auxiliaries, operates membership warehouses. The company offers branded and private-label products in a range of merchandise categories. It provides dry and institutionally packaged foods; snack foods, candy, tobacco, alcoholic and nonalcoholic beverages, and cleaning and institutional supplies; appliances, electronics, health and beauty aids, hardware, garden and patio, and office supplies; meat, bakery, deli, and produce; and apparel, small appliances, and home furnishings.

SolarCity Corp (NASDAQ:SCTY), ended its Friday’s trading session with -1.41% loss, and closed at $49.09.

SolarCity Corp. (SCTY) accomplished its Solar Asset Backed Notes, Series 2015-1, a securitization of distributed solar energy assets. The notes comprise of a senior class of notes (Class A Notes) in an amount of $103,500,000 aggregate principal amount that will have an interest rate of 4.18% The junior class of notes (Class B Notes) comprises of $20,000,000 aggregate principal amount that will have an interest rate of 5.58%. Both classes of notes have an anticipated repayment date of February 21, 2022.

SolarCity’s senior class of notes (Class A Notes) received an investment grade rating of A from Kroll and junior class of the notes (Class B Notes) received a rating of BBB from Kroll. The rating reflects the predictability and quality of the cash flows and the minimal operation and production risk of solar assets. Distributed solar is one of the first new asset classes to achieve an investment grade rating in the asset back securities markets in the past several years.

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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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