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Thursday 16 April 2015
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Positive Stocks In Focus - Western Digital Corporation, (NASDAQ:WDC), Novavax, (NASDAQ:NVAX), Staples, (NASDAQ:SPLS), AerCap Holdings, (NYSE:AER)

On Friday, Western Digital Corporation (NASDAQ:WDC)’s shares surged 1.99% to $95.89, as Western Digital will release its financial results for the third fiscal quarter ended April 3, 2015 after the close of the market on Tuesday, April 28, 2015. The investment community conference call to talk about these results will be broadcast live over the Internet that day at 2 p.m. Pacific/5 p.m. Eastern.

Western Digital Corporation, through its auxiliaries, develops, manufactures, and sells data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content. It provides hard disk drives (HDDs) and solid-state drives for desktop and notebook personal computers (PCs), and performance enterprise and capacity enterprise markets.

Novavax, Inc. (NASDAQ:NVAX)’s shares gained 1.95% to $8.35, during the last trading session on Friday, as a clinical-stage vaccine company, declared Stanley C. Erck, President and Chief Executive Officer, will present at the 14th Annual Needham Healthcare Conference at 8:00 a.m. ET, April 15, 2015 in New York City at the Westin Grand Central Hotel.

Novavax, Inc., a clinical-stage vaccine company, focuses on discovering, developing, and commercializing recombinant nanoparticle vaccines and adjuvants. The company produces its vaccines using its proprietary recombinant nanoparticle vaccine technology.

At the end of Friday’s trade, Staples, Inc. (NASDAQ:SPLS)’s shares gained 1.95% to $16.72, after Staples declared that it has nominated Kunal S. Kamlani for election to the Board of Directors at the 2015 Annual Meeting.

Mr. Kamlani served as President and Chief Operating Officer of Prestige Cruise Holdings, the parent company of Oceania Cruises and Regent Seven Seas Cruises, from 2011 to 2014. He also served as Chief Financial Officer at the company. From 2010 to 2011, Mr. Kamlani served as head of the Global Investment Solutions division of Bank of America/Merrill Lynch. Preceding to that, Mr. Kamlani served as Managing Director and Chief Operating Officer of Smith Barney. He is a member of the Board of Sears Holdings Corporation and serves on the audit committee.

Mr. Kamlani was nominated following an contract with Starboard Value. He met with the Staples’ Nominating and Corporate Governance committee, which recommended that the full Board nominate him for election. In connection with the contract, Starboard has agreed to support all of Staples’ director nominees at the forthcoming 2015 Annual Meeting.

Staples, Inc., together with its auxiliaries, operates office products superstores. It operates through three segments: North American Stores & Online, North American Commercial, and International Operations.

Finally, AerCap Holdings N.V. (NYSE:AER), ended its Friday’s trading session with 1.94% gain, and closed at $46.75, as an independent aircraft leasing company, declared that it has amended and extended its $1.1 billion term loan facility originally put in place by ILFC in March 2011, taking advantage of the attractive terms and pricing presently accessible in the debt markets. The margin was reduced by 75bps and the maturity of the term loan was extended by three years from March 2018 to March 2021.

Citi acted as lead arranger of the amendment and extension.

AerCap Holdings N.V., an independent aircraft leasing company, engages in the leasing, financing, sale, and administration of commercial aircraft and engines. The company provides aircraft asset administration and corporate services, counting remarketing aircraft; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.

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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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