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Friday 10 July 2015
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Pre-Market News Alert on: Cimarex Energy Co (NYSE:XEC), Oshkosh (NYSE:OSK), Darden Restaurants, (NYSE:DRI), VMware, (NYSE:VMW)

On Monday, Cimarex Energy Co (NYSE:XEC)’s shares declined -1.65% to $105.59.

Cimarex Energy Co. (XEC) declared that it plans to report second quarter 2015 financial results after market close on Tuesday, August 4, 2015. The company will host its quarterly conference call at 11:00 AM EDT on Wednesday, August 5, 2015.

Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico. The company owns interests in 3,240 net productive oil and gas wells. As of December 31, 2014, it had a total proved oil and gas reserves of 3.1 trillion cubic feet equivalent (Tcfe) comprising of 1.7 trillion cubic feet of natural gas; and 0.7 Tcfe each of oil and natural gas liquids primarily located in the Permian Basin and Mid-Continent regions.

Oshkosh Corporation (NYSE:OSK)’s shares gained 0.05% to $41.34.

Following a $184 million order from the U.S. Army TACOM Life Cycle Administration Command (LCMC), Oshkosh Defense, LLC, an Oshkosh Corporation (OSK) company, will produce 698 Family of Medium Tactical Vehicles (FMTV) trucks for the U.S. Army. Deliveries will start in 2016.

Oshkosh began producing FMTVs for the U.S. Army in 2010. Since then, Oshkosh has delivered more than 22,000 trucks and 11,000 trailers counting a recent order in December 2014 for 256 FMTVs. The Oshkosh FMTV continues to provide record-setting quality and noteworthycost savings to the U.S. Army, and was recognized by the U.S. Department of Defense with the 2013 Value Engineering Achievement Award.

The U.S. Army and National Guard rely on the FMTV at home and abroad in tactical and combat operations, relief efforts and unit resupply missions. The Oshkosh FMTV equips soldiers with crew-protecting armor and advanced technologies to provide the versatility, mobility and protection as they perform their missions.

Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. Its Access Equipment segment offers aerial work platforms and telehandlers used in construction, agricultural, industrial, institutional, and general maintenance applications. This segment also offers towing and recovery equipment, and carriers and wreckers; and installs equipment and sells chassis and service parts, in addition to offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements. Its Defense segment manufactures severe-duty, heavy, and medium-payload tactical trucks for the department of defense, counting hauling tanks, missile systems, ammunition, fuel, troops and cargo for combat units, and light-payload tactical vehicles.

At the end of Monday’s trade, Darden Restaurants, Inc. (NYSE:DRI)‘s shares surged 0.07% to $70.69.

Olive Garden is a division of Darden Restaurants, Inc. (DRI). is introducing another way for guests to enjoy its iconic breadsticks with a new menu offering – Signature Breadstick Bun Sandwiches served with fries and choice of unlimited homemade soup or Famous House Salad. Startning recently, guests can satisfy their lunchtime cravings with one of two Breadstick Bun Sandwiches, starting at just $6.99.

The much-anticipated Signature Breadstick Bun Sandwiches have been making headlines with fans across the nation looking forward to their first taste. That’s why Olive Garden is inviting guests to celebrate the new menu offering throughout the summer with Breadstick Nation – a seven-week-long nationwide tour of four Olive Garden food trucks that will be giving away free samples of the Signature Breadstick Bun Sandwiches. The tour will hit the road recently with one food truck in New York City and will be joined by additional trucks visiting 20 cities nationwide.

Darden Restaurants, Inc. owns and operates full service restaurants in the United States and Canada. It operates restaurants under the Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s, and Yard House brand names. As of July 28, 2014, it owned and operated about 1,500 restaurants. The company was founded in 1968 and is headquartered in Orlando, Florida.

VMware, Inc. (NYSE:VMW), ended its Monday’s trading session with -0.04% loss, and closed at $83.03.

AirWatch® by VMware (VMW), the leading enterprise mobility administration (EMM) provider, declared recently leading analyst firm IDC confirmed AirWatch is the largest EMM vendor in terms of 2014 revenues and holds the overall greatest market share. The annual Worldwide Enterprise Mobility Administration Software Market Shares, 2014, analyzed the top 15 vendors in terms of GAAP revenues. IDC ranks AirWatch as the largest vendor worldwide in terms of market share and at 11.4 percent AirWatch is the only vendor with a double-digit market share.

IDC noted the VMware acquisition of AirWatch assisted boost revenues and market share. According to the report, while AirWatch “was already on a steady growth trajectory,” additional VMware sales support and AirWatch inclusion in broader VMware enterprise licensing deals added “powerful growth accelerators.” According to IDC, VMware’s acquisition of AirWatch provides an important component in the company’s broader strategy to deliver desktops, applications and data to any endpoint device.

VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. The company’s virtualization infrastructure solutions comprise a suite of products designed to deliver a software-defined data center (SDDC), run on industry-standard desktop computers and servers, and support a range of operating system and application environments, in addition to networking and storage infrastructures. Its solutions enable organizations to aggregate multiple servers, storage infrastructure, and networks together into shared pools of capacity.

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