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Saturday 19 September 2015
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Current Trade Stocks Highlights: Synchronoss Technologies, Inc. (NASDAQ:SNCR), Del Frisco’s Restaurant Group Inc (NASDAQ:DFRG), bebe stores, inc. (NASDAQ:BEBE), Northern Tier Energy LP (NYSE:NTI)

On Thursday, in the course of current trade, Shares of Synchronoss Technologies, Inc. (NASDAQ:SNCR), dropped -0.57%, and is now trading at $40.34.

Synchronoss Technologies, declared that its Chief Financial Officer, Executive Vice President & Treasurer, Karen Rosenberger; and its Executive Vice President & Chief Technology Officer, Patrick Doran, presented at the Deutsche Bank Technology Conference held at The Cosmopolitan Hotel in Las Vegas on Wednesday, September 16, 2015 at 7:30 a.m. Pacific Time.

Synchronoss Technologies, Inc. provides cloud solutions and software-based activation for connected devices worldwide. The company’s services comprise intelligent connectivity administration and content synchronization, backup, and sharing service procurement, in addition to provisioning, activation, and support services that enable communications service providers, cable operators/multi-services operators, original equipment manufacturers with embedded connectivity, multi-channel retailers, and other customers to accelerate and monetize value-add services for connected devices.

During an Afternoon trade, Shares of Del Frisco’s Restaurant Group Inc (NASDAQ:DFRG), raised 3.15%, and is now trading at $13.11.

Del Frisco’s Restaurant Group, declared the opening of its newest Del Frisco’s Grille in Little Rock, AR located at 17707 Chenal Parkway. The new restaurant in The Promenade at Chenal opened on Saturday, September 12. This marks the 20th Del Frisco’s Grille across the country, and the 50th restaurant overall for Del Frisco’s Restaurant Group, which also owns and operates 12 Del Frisco’s Double Eagle and 18 Sullivan’s Steakhouse locations.

“We are thrilled to bring Del Frisco’s Grille to West Little Rock, our first restaurant in the state, as we continue expanding into new markets around the country,” commented Mark S. Mednansky, CEO of Del Frisco’s Restaurant Group. “The Del Frisco’s reputation has the city primed and excited to try our unique menu offerings and signature cocktails that Little Rock residents and visitors are sure to enjoy.”

Del Frisco’s Restaurant Group, Inc. develops, owns, and operates restaurants in the United States. It owns and operates restaurants under the Del Frisco’s Double Eagle Steak House, Sullivan’s Steakhouse, and Del Frisco’s Grille brand names.

Shares of bebe stores, inc. (NASDAQ:BEBE), climbed 2.74%, and is now trading at $1.13.

bebe stores, declared that it has signed a planned cooperation agreement with Longaim LLC, a leading Shanghai-based agency of international high-end brands. The agreement comprises a five-year exclusive license to open between 60 and 150 retail and wholesale bebe points of distribution in Greater China, Hong Kong, Macau and Taiwan. The first boutique is predictable to open in the summer of 2016.

“As we continue to expand our international footprint, our entrance into Greater China is a noteworthyopportunity to accelerate that growth and reinforce bebe as a global lifestyle brand for women. We look forward to working closely with the Longaim team, who have a proven track record of success and operational experience in introducing high profile retail brands to this key market,” said Jim Wiggett, Chief Executive Officer of bebe stores, inc.

As a part of the agreement, Longaim will open a minimum of 60 points of sale in Mainland China, counting free standing boutiques and bebe shop-in-shops and identify third party retailers in certain provinces of China to sublicense the brand for retail operations. Longaim is presently identifying potential locations in Shanghai and Beijing, counting flagship boutiques. After the five-year exclusive term, Longaim retains an option for an additional 10 year partnership with bebe based on performance.

Bebe Stores, Inc., together with its auxiliaries, designs, develops, and produces a range of women’s apparel and accessories under the bebe, BEBE SPORT, and bbsp brand names. Its product line comprises fashion separates, tops, dresses, active wear, and outerwear across various wardrobe occasions, in addition to accessories, such as jewelry, sunglasses, fragrances, cosmetics, shoes, and handbag assortments.

Finally, Northern Tier Energy LP (NYSE:NTI), lost -0.45% Thursday.

Northern Tier Energy, a Dallas-based real estate investment trust, declared that its board of directors has declared a cash distribution of $0.18 per share of common stock for the third quarter of 2015. The distribution will be paid on October 8, 2015 to stockholders of record on September 30, 2015.

TIER REIT, Inc is real estate investment trust. The firm invests in the real estate markets of the United States. It primarily owns and operates high quality office properties located in selective markets throughout the United States.

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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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