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Wednesday 10 June 2015
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4 Stocks Tumbled - Atmel (NASDAQ:ATML), Polaris Industries (NYSE:PII), Rite Aid (NYSE:RAD), Baidu (NASDAQ:BIDU)

On Friday, Atmel Corporation (NASDAQ:ATML)’s shares declined -1.69% to $8.16, as Atmel® Corporation, will hold a conference call Wednesday, May 6, 2015 at 2 p.m. PT to talk about its first quarter 2015 financial results. Atmel President and CEO, Steven Laub, and Senior Vice President and CFO, Steve Skaggs, will be participating on this call. The earnings release will be issued at the close of market that same day.

Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America. It operates in four segments: Microcontroller, Nonvolatile Memory, Automotive, and Multi-Market and Other.

Polaris Industries Inc. (NYSE:PII)’s shares dropped -1.68% to $143.54, during the last trading session on Friday, as Polaris Industries, declared that it will release its first quarter 2015 financial results on Thursday, April 23, 2015, and will hold a conference call and webcast at 9:00 a.m. Central Time on the same day to talk about the results.

The call will be hosted by Scott Wine, Chairman and CEO, Bennett Morgan, President and COO and Mike Malone, Vice President Finance and CFO

Polaris Industries Inc., together with its auxiliaries, designs, engineers, manufactures, and markets off-road vehicles, snowmobiles, motorcycles, and small vehicles primarily in the United States, Canada, Western Europe, Australia, and Mexico. I

At the end of Friday’s trade, Rite Aid Corporation (NYSE:RAD)‘s shares dipped -1.65% to $8.35, as Rite Aid Corporation, stated operating results for its fourth quarter and fiscal year ended February 28, 2015.

For the fourth quarter, the corporation stated proceeds of $6.8 billion and net revenue of $1.835 billion, or $1.79 per diluted share. For the full year, the corporation stated proceeds of $26.5 billion and net revenue of $2.109 billion, or $2.08 per diluted share. Current year results for both the fourth quarter and the full year were favorably influenced by a reduction of the deferred tax asset valuation allowance and a full year provision of revenue tax expense at a statutory tax rate, the net effect of which resulted in an revenue tax benefit of $1.716 billion, or $1.67 per diluted share and $1.682 billion, or $1.65 per diluted share in the fourth quarter and full year, respectively. The corporation stated Adjusted EBITDA of $343.3 million or 5.0 percent of proceeds in the fourth quarter and $1,322.8 million or 5.0 percent of proceeds for the full year.

Rite Aid Corporation, through its auxiliaries, operates a chain of retail drugstores in the United States. The corporation sells prescription drugs and a range of other merchandise, counting over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products.

Baidu Inc (ADR) (NASDAQ:BIDU), ended its Friday’s trading session with -1.69% loss, and closed at $214.79, as the leading Chinese language Internet search provider, declared that it will report its financial results for the first quarter ended March 31, 2015, after the U.S. market closes on April 29, 2015. Baidu’s administration will hold an earnings conference call at 8:00 PM on April 29, 2015, U.S. Eastern Time.

Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries. DISCLAIMER:

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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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