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Monday 8 June 2015
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4 Notable Runners: Kearny Financial Corp. (NASDAQ:KRNY), Cameco Corporation (USA) (NYSE:CCJ), Kindred Healthcare, Inc.(NYSE:KND), Boardwalk Pipeline Partners, LP (NYSE:BWP)

On Friday, Shares of Kearny Financial Corp. (NASDAQ:KRNY), lost -0.73% to $10.87.

Kearny Financial, declared that it has accomplished its stock offering and the related conversion from the mutual holding company to the stock holding company form of organization. As a result of the closing of the conversion and stock offering, the Company is now the holding company for Kearny Bank. Kearny Financial Corp. and Kearny MHC, the Bank’s former mutual holding company, have ceased to exist. The results of the stock offering were formerly stated in Kearny-Federal’s press release dated May 14, 2015.

Kearny Financial Corp. operates as a holding company for Kearny Federal Savings Bank that provides various banking products and services. The company offers various deposit products, counting interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts.

Shares of Cameco Corporation (USA) (NYSE:CCJ), inclined 0.74% to $ 14.99, during its last trading session.

Cameco Corporation, declared election of directors and the start of commercial production at the Cigar Lake operation at its annual general meeting recently.

Commercial production signals a transition in the accounting treatment for costs incurred at the mine. During May, Cameco met all of the criteria for commercial production, counting cycle time and process specifications. Therefore, effective May 1, 2015, all production costs, counting depreciation, will be charged to inventory and subsequently recognized in cost of sales as the product is sold as revealed in our first quarter administration discussion and analysis.

Mining at Cigar Lake began in March 2014, with the first packaged uranium concentrate accessible in October 2014. The operation remains on track to achieve in 2015 the annual production target of 6 million to 8 million packaged pounds (100% basis). Cameco anticipates Cigar Lake to ramp up to its full annual production rate of 18 million pounds (100% basis) by 2018 (Cameco’s share 9 million pounds). The mine employs more than 600 highly-skilled workers, with the majority being residents of Saskatchewan’s north.

Cameco Corporation produces and sells uranium worldwide. The company operates through Uranium, Fuel Services, and NUKEM segments. The Uranium segment is involved in the exploration for, mining, and milling of uranium concentrates.

At the end of Friday’s trade, Shares of Kindred Healthcare, Inc.(NYSE:KND), gained 0.48% to $ 22.91.

Kindred Healthcare, declared the voting results of the Company’s 2015 Annual Meeting of Shareholders held on May 27, 2015.

At the annual meeting, the Company’s shareholders voted to elect the following board members to terms expiring at the Company’s 2016 Annual Meeting of Shareholders: Joel Ackerman, Jonathan D. Blum, Benjamin A. Breier, Thomas P. Cooper, M.D., Paul J. Diaz, Heyward R. Donigan, Richard Goodman, Christopher T. Hjelm, Frederick J. Kleisner and Phyllis R. Yale.

In addition to electing directors, the Company’s shareholders approved the Company’s executive compensation program, the Kindred Healthcare, Inc. 2012 Equity Plan for Non-Employee Directors, Amended and Restated, and ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2015.

Kindred Healthcare, Inc. provides healthcare services in the United States. It operates in four divisions: Hospital, Nursing Center, Rehabilitation, and Care Administration.

Finally, Boardwalk Pipeline Partners, LP (NYSE:BWP), ended its last trade with -0.06% gain, and close at $ 16.02.

Boardwalk Pipeline Partners, declared that James S. Tisch, Chief Executive Officer, took part in the Bernstein Planned Decisions Conference in New York. Mr. Tisch spoke on May 28, 2015.

Boardwalk Pipeline Partners, LP, through its auxiliaries, provides transportation, storage, gathering, and processing services for natural gas and natural gas liquids.

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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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