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Tuesday 21 July 2015
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Active Trending Stocks: Cliffs Natural Resources Inc. (NYSE:CLF), Breitburn Energy Partners LP (NASDAQ:BBEP), Lockheed Martin Corporation (NYSE:LMT)

On Monday, Shares of Cliffs Natural Resources Inc. (NYSE:CLF), gained 6.67% to $3.52.

Cliffs Natural Resources, said it intends to declare second-quarter 2015 financial results before the U.S.-market open Wednesday, July 29, 2015.

Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and two metallurgical coal mines located in Alabama and West Virginia.

Shares of Breitburn Energy Partners LP (NASDAQ:BBEP), declined -8.13% to $3.84, during its last trading session, hitting its lowest level.

Breitburn Energy Partners, declared a cash distribution of $0.04166 per common unit for the first month attributable to the second quarter of 2015, payable on July 17, 2015, to record holders of its common units at the close of business on July 14, 2015. This monthly distribution is equal to a distribution of $0.50 per common unit on an annualized basis.

Breitburn also declared recently distributions for its 8.25% Series A Cumulative Redeemable Perpetual Preferred Units (BBEPP) and 8.0% Series B Perpetual Convertible Preferred Units. A cash distribution of $0.171875 per Series A Unit is payable on August 17, 2015, to record holders of its Series A Units at the close of business on July 31, 2015. This monthly distribution is equal to an annual distribution of $2.0625 per Series A Unit. Breitburn has elected to pay the distribution on the Series B Units in kind by issuing additional Series B Units instead of paying a cash distribution. A distribution of 0.006666 PIK unit per Series B Unit is payable on July 15, 2015, to record holders of Series B Units at the close of business on June 30, 2015.

Breitburn Energy Partners LP, an independent oil and gas partnership, acquires, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States.

Finally, Lockheed Martin Corporation (NYSE:LMT), ended its last trade with 1.90% gain, and closed at $197.88.

Lockheed Martin Corporation, demonstrated its multi-mode Joint Air-to-Ground Missile (JAGM), engaging two laser-designated stationary targets during recent Government-led flight tests at Eglin Air Force Base, Florida.

In the first test, the missile flew four kilometers, engaged its precision-strike, semi-active laser and hit the stationary target. During the second flight, the missile flew four kilometers, attained the target using its precision strike, semi-active laser while simultaneously tracking the target with its millimeter wave radar, and hit the stationary target.

The risk-reduction flight tests are critical to Lockheed Martin’s performance on the U.S. Army’s Continued Technology Development program in providing warfighters with improved accuracy and raised survivability against stationary and moving targets in all weather conditions.

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It also provides administration, engineering, technical, scientific, logistics, and information services.

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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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