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Thursday 20 August 2015
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Latest Update

Active Stocks Watch List: Intel Corporation (NASDAQ:INTC), LinkedIn Corporation (NYSE:LNKD), DDR Corp. (NYSE:DDR)

On Friday, Shares of Intel Corporation (NASDAQ:INTC), gained 0.14% to $28.95.

ESL, and Plays.tv, the video-sharing platform for gamers, declared a planned alliance that will give esports fans unprecedented access to the best of ESL’s Intel® Extreme Masters in-game action. Starting with this week’s Intel Extreme Masters competition at Gamescom, ESL will for the first time capture point of view (POV) recordings (complete with player audio) of every player and make them accessible shortly after matches finish, exclusively on Plays.tv, thanks to the new partnership.

The traditional spectator-view VODs will also be accessible on Plays.tv first, together with exclusive highlight reels and top plays from the day’s matches. Unlike traditional replays, Plays.tv records matches in video format from a player’s POV, counting in-game communications and mouse-clicks, and makes them almost instantly accessible to be watched online, from any device.

Plays.tv is a video-sharing platform and community for gamers designed to let anyone easily capture, share and watch their favorite moments with friends.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.

Shares of LinkedIn Corporation (NYSE:LNKD), declined -10.52% to $203.26, during its last trading session.

LinkedIn Corporation declared the launch of the third annual Bring In Your Parents Day, taking place this year on Thursday, November 5, 2015. Global market-leader in senior mobile phone development, Doro is among the first companies to have signed up for this year’s event.

LinkedIn launched Bring In Your Parents (BIYP) in 2013 after research uncovered that more than one in three parents had no idea what their child did for a living. Since the launch of Bring In Your Parents Day more than 55,000 parents have visited their children’s office and learned more about what they do for work.

Doro, who will be a global partner for Bring In Your Parents Day, will be inviting all its employees’ parents into four of their international offices.

LinkedIn Corporation, together with its auxiliaries, operates an online professional network worldwide. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities.

Finally, DDR Corp. (NYSE:DDR), ended its last trade with 1.75% gain, and closed at $16.30.

DDR Corp. declared operating results for the second quarter ended June 30, 2015.

Financial Highlights

  • Second quarter operating funds from operations attributable to common shareholders (“Operating FFO”) raised $10.1 million to $111.4 million, or $0.31 per diluted share, contrast to $101.3 million, or $0.28 per diluted share, for the preceding-year comparable period.
  • Second quarter net income attributable to common shareholders was $13.0 million, or $0.03 per diluted share, which compares to net income of $67.8 million, or $0.19 per diluted share, for the preceding-year comparable period.

Noteworthy Quarterly Activity

  • Generated same store net operating income growth of 3.0% on a pro rata basis
  • Executed 369 new leases and renewals for 2.9 million square feet
  • The annualized base rent per occupied square foot was $14.37 at June 30, 2015 as contrast to $13.72 at June 30, 2014, an enhance of 4.7% on a pro rata basis
  • Generated new leasing spreads of 25.4% on a pro rata basis, and renewal leasing spreads of 7.2% on a pro rata basis
  • The portfolio leased rate was 95.8% at June 30, 2015 and 2014 on a pro rata basis
  • Attained $111 million of wholly-owned prime power centers
  • Sold ten assets totaling $60 million at DDR’s share
  • Repaid $153 million, 5.50% senior unsecured notes at maturity
  • Amended and restated $750 million unsecured revolving credit facility to extend the final maturity date to June 2020, counting options. The smaller unsecured revolving credit facility was also amended to reduce the commitment to $50 million and modify certain other terms to conform to the primary facility. Pricing on both amended revolving credit facilities was reduced and is presently set at LIBOR plus 100 basis points, a decrease of 15 basis points from the previous rate, and is determined based upon DDR’s credit ratings.

DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers.

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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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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