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Thursday 23 April 2015
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Bearish Runners: Mavenir Systems (NYSE:MVNR), Peabody Energy (NYSE:BTU), VimpelCom (NASDAQ:VIP), Lumber Liquidators Holdings (NYSE:LL)

On Friday, Mavenir Systems Inc (NYSE:MVNR)’s shares declined -2.70% to $17.69, as Mavenir Systems, offered a corporate update, as follows:

First quarter 2015 proceed predictable to be in the range of $27.0 million to $28.5 million.

Non-GAAP EPS to be in the range of $(0.47) to $(0.41).

First quarter bookings up 31% Year-over-Year, resulting in $100 million bookings backlog entering into the second quarter.

Reconfirming formerly declared guidance for the Full Year 2015.

Mavenir Systems, Inc. provides software-based telecommunications networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions.

Peabody Energy Corporation (NYSE:BTU)’s shares dropped -2.68% to $5.09, during the last trading session on Friday, as Peabody Energy, will declare the results for the quarter ended March 31, 2015. A conference call with administration is planned for 10 a.m. CDT on Thursday, April 23.

Peabody Energy Corporation engages in the mining of coal. The corporation operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments.

At the end of Friday’s trade, VimpelCom Ltd (ADR) (NASDAQ:VIP)‘s shares dipped -2.40% to $5.70, as VimpelCom, declared its offer to purchase up to U.S.$2,100,000,000 (subject to the terms and conditions set out in the offer to purchase dated 2 March 2015 (the “Offer to Purchase”), the “Maximum Tender Amount”) of its outstanding (i) U.S.$500,000,000 6.493% Loan Participation Notes due 2016 issued by, but with limited recourse to, VIP Finance Ireland Limited (the “Series 1 Notes”), (ii) U.S.$600,000,000 8.25% Loan Participation Notes due 2016 issued by, but without recourse to, UBS (Luxembourg) S.A. (the “Series 2 Notes”), (iii) U.S.$1,000,000,000 9.125% Loan Participation Notes due 2018 issued by, but with limited recourse to, VIP Finance Ireland Limited (the “Series 3 Notes” and together with the Series 1 Notes and the Series 2 Notes, the “First Precedingity Notes”), (iv) U.S.$1,000,000,000 7.748% Loan Participation Notes due 2021 issued by, but with limited recourse to, VIP Finance Ireland Limited (the “Series 4 Notes” and the “Second Precedingity Notes”), (v) U.S.$500,000,000 6.2546% Guaranteed Notes due 2017 issued by VimpelCom Holdings B.V. (the “Series 5 Notes”), (vi) U.S.$1,500,000,000 7.5043% Guaranteed Notes due 2022 issued by VimpelCom Holdings B.V. (the “Series 6 Notes” and together with the Series 5 Notes, the “Third Precedingity Notes”), (vii) U.S.$600,000,000 5.20% Notes due 2019 issued by VimpelCom Holdings B.V. (the “Series 7 Notes”) and (viii) U.S.$1,000,000,000 5.95% Notes due 2023 issued by VimpelCom Holdings B.V. (the “Series 8 Notes” and together with the Series 7 Notes, the “Fourth Precedingity Notes”) (the “Offer”).

VimpelCom Ltd. provides telecommunications services in Italy, Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, and Pakistan.

Lumber Liquidators Holdings Inc (NYSE:LL), ended its Friday’s trading session with -2.28% loss, and closed at $33.40, as Lumber Liquidators, has invested about $5 million in a state-of-the-art finishing line in Toano, Va., that more than doubles the production capacity – and further enhances the quality – of its hardwood flooring.

This investment – together with the Corporation’s recently accomplished 1 million square foot distribution center – underscores Lumber Liquidators’ growth in and commitment to its home state of Virginia, where the Corporation has invested more than $60 million in the past year and now has more than 500 employees. Features of the new finishing line also support important elements of Lumber Liquidators’ value proposition.

Lumber Liquidators Holdings, Inc., together with its auxiliaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories.

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