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Thursday 22 October 2015
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Notable Stocks in the News - PPL Corp (NYSE:PPL), Qlik Technologies Inc (NASDAQ:QLIK), Prologis Inc (NYSE:PLD)

On Wednesday, Shares of PPL Corp (NYSE:PPL), lost -0.09% to $34.25.

PPL Corporation, will release merged third-quarter 2015 earnings results before the stock market opens on Thursday, Oct. 29.

William H. Spence, PPL chairman, president and Chief Executive Officer, and other members of PPL’s executive team will discuss quarterly results and the company’s general business outlook during a conference call with financial analysts that starts at 8:30 a.m. Eastern Standard Time.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 321,000 natural gas and 397,000 electric customers in Louisville and 16 surrounding counties; and 543,000 customers in 77 Kentucky counties and 5 counties in Virginia.

Shares of Qlik Technologies Inc (NASDAQ:QLIK), declined -4.19% to $33.62, during its last trading session.

Qlik, declared that LSG Sky Chefs, the world’s largest provider of inflight services, uses Qlik Sense to visualize data from its Corporate M&A and Auxiliaries.

LSG Sky Chefs wanted more detailed insight into data regarding potential merger and acquisition targets. Qlik Sense not only has assisted reduce the time it takes to create the reports, it also has lowered the error rate by automating the entire process. Now users can analyze data intuitively and see information in a more visually appealing way. Presently, about 18 million records are being analyzed with Qlik Sense both on desktop and mobile via iPads. This allows administration to stay updated on current facts both inside and outside of the office.

From an IT perspective, Qlik Sense was chosen for its performance, operational simplicity, the broad ETL functions in addition to the short time-to-market for the implementation. “With Qlik Sense, we are able to create analysis and reports much more rapidly than with traditional BI. This way, we can react earlier and more flexible to the changing requirements for our company,” said Alexander Ziehn, Director Competence Center Finance & Reporting, LSG Sky Chefs.

Qlik Technologies Inc. provides user-driven business intelligence solutions that enable customers to make business decisions. The company develops, commercializes, and implements software products and related services.

Finally, Shares of Prologis Inc (NYSE:PLD), ended its last trade with 0.07% gain, and closed at $ 42.79.

Prologis, stated results for the third quarter of 2015.

HIGHLIGHTS FROM THE QUARTER

  • Core funds from operations per diluted share was $0.58, up 21 percent year-over-year
  • Prologis’ share of GAAP same store NOI raised 6.2 percent
  • Accomplished $733 million of dispositions and contributions at a 4.9 percent stabilized cap rate
  • Estimated value creation of $158 million from stabilizations, reflecting a 35.8 percent margin

“The team produced exceptionally strong financial and operating results in the third quarter,” said Hamid Moghadam, chairman and CEO, Prologis. “The underlying trends in our businesses continue to be favorable, and as we look across our global portfolio, rents are trending higher while supply remains in check.”

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, administration, and leasing of industrial distribution and retail properties.

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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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