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Tuesday 23 June 2015
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Pre-Market News Alert on: Kimberly Clark (NYSE:KMB), Fluor (NEW) (NYSE:FLR), Gramercy Property Trust (NYSE:GPT), Inuvo (NYSEMKT:INUV),

On Friday, Kimberly Clark Corp (NYSE:KMB)’s shares declined -0.36% to $108.81.

Kimberly Clark Corp (KMB) was awarded five Effie Awards counting one Silver and three Bronze for its 2014 commercial programs for Depend, Poise and U by Kotex brands at the 47th annual North American Effie Awards last night in New York; Scott Naturals Tube-Free was awarded an inaugural Bronze Positive Change Effie Award for its 2014 commercial program. The company was also recognized as the No. 3 most effective marketer in North America in 2014 on the North American Effie Effectiveness Index Rankings.

The Effie Awards, which have honored marketing effectiveness since 1968, have come to represent one of the highest honors in the field of marketing and advertising. This year’s North American Effie Awards encompass 59 categories, counting the specialty Health and Media Awards, and the Shopper Effie.

Kimberly-Clark Corporation, together with its auxiliaries, manufactures and markets personal care, consumer tissue, and K-C professional products worldwide. It operates through three segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brands.

Fluor Corporation (NEW) (NYSE:FLR)’s shares dropped -0.24% to $55.59.

Fluor Corporation (NEW) (FLR) declared that the U.S.-China Business Council (USCBC) has elected Fluor’s Chief Operating Officer, Peter Oosterveer, to its board. As a USCBC board member, Oosterveer will work to advance the commercial relationship between the two countries to support trade and investment opportunities.

Fluor Corporation, through its auxiliaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project administration services worldwide. The company operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. The Oil & Gas segment offers a range of design, engineering, procurement, construction, and project administration services to upstream oil and gas production, liquefied natural gas, downstream refining, offshore production, pipeline, chemicals, and petrochemicals industries. It also provides consulting services comprising feasibility studies, process assessment, and project finance structuring and studies.

At the end of Friday’s trade, Gramercy Property Trust Inc (NYSE:GPT)‘s shares dipped -1.35% to $25.51.

Gramercy Property Trust Inc (GPT) revealed a $300.5-million portfolio acquisition in addition to a 10% hike in its quarterly dividend. The company has also offered an updated outlook for 2015.

Specifically, Gramercy Property closed on a 20-year sale leaseback deal with Life Time Fitness Inc. for acquiring a portfolio of 10 large-format, high-end fitness centers for around $300.5 million. These properties are positioned in key markets across the U.S., spanning about 1.3 million square feet. The company projects net operating income in the first year to be around $19.5 million.

For the second quarter of 2015, Gramercy Property declared a dividend of 22 cents per share. This marked a 10% rise over the prior-quarter dividend payout. The raised dividend would be paid on Jul 15 to stock holders of record on Jun 30.

Besides, Gramercy Property revealed its expectations for core funds from operations (“FFO”) for the second half of 2015 at over $1.00 per share, while predicting second-quarter core FFO in a range of 43–45 cents per share. The Zacks Consensus Estimate for the second quarter presently stands at 47 cents per share.

Gramercy Property Trust Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in industrial and office properties to create its portfolio. The firm was formerly known as Gramercy Capital Corp. Gramercy Property Trust Inc was founded in 2004 and is based in New York City with additional offices in St. Louis, Missouri and Jenkintown, Pennsylvania.

Inuvo Inc (NYSEMKT:INUV), ended its Friday’s trading session with 11.48% gain, and closed at $3.40.

Inuvo Inc (INUV) an advertising technology and digital publishing company, recently declared that the Company will join the Russell Microcap® Index when Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes on June 26, according to a preliminary list of additions posted June 12.

Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes.

Inuvo, Inc., together with its auxiliaries, operates as an Internet marketing and technology company that delivers advertisements through various networks of Websites and applications reaching desktop and mobile devices in the United States. It operates through two segments, Partner Network, and Owned and Operated Network. The Partner Network segment provides ValidClick, a service platform, which assists the owners of Websites and mobile applications to monetize their properties, in addition to offers a pay-per-click solution where advertisements are targeted to consumers based on content and behaviors.

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