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Friday 7 August 2015
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Pre-Market News Report on: New Oriental Education & Tech Grp (NYSE:EDU), American Capital Agency (NASDAQ:AGNC), Home Depot (NYSE:HD), DryShips (NASDAQ:DRYS)

On Wednesday, New Oriental Education & Tech Grp (ADR) (NYSE:EDU)’s shares declined -1.90% to $22.67.

New Oriental Education and Technology Group Inc. (EDU), the largest provider of private educational services in China, recently declared that it will report its financial results for the fourth quarter and fiscal year 2015 ended May 31, 2015, before the U.S. market opens on July 21, 2015. New Oriental’s administration will host an earnings conference call at 8 AM on July 21, 2015, U.S. Eastern Time (8 PM on July 21, 2015, Beijing/Hong Kong Time).

New Oriental Education & Technology Group Inc. provides private educational services primarily in the People’s Republic of China. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People’s Republic of China, and Commonwealth countries; and after-school tutoring courses for middle school and high school students to assist students enhance scores on entrance exams for admission into high schools or higher education institutions.

American Capital Agency Corp. (NASDAQ:AGNC)’s shares dropped -0.34% to $19.32.

American Capital Agency Corp. (AGNC) declared that its Board of Directors has declared a cash dividend on its 8.000% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) (AGNCP) of $0.50 per share for the second quarter 2015. The dividend is payable on July 15, 2015 to preferred shareholders of record as of July 1, 2015, with an ex-dividend date of June 29, 2015.

In addition, AGNC’s Board of Directors has declared a cash dividend on its 7.750% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) underlying its outstanding depositary shares (AGNCB), equivalent to $0.484375 per depositary share for the second quarter 2015. Each depositary share represents a 1/1,000th interest in a share of the Series B Preferred Stock. The dividend is payable on July 15, 2015 to preferred shareholders of record as of July 1, 2015, with an ex-dividend date of June 29, 2015.

American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by government-sponsored enterprise or by the United States government agency. It funds its investments primarily through short-term borrowings structured as repurchase agreements.

At the end of Wednesday’s trade, Home Depot Inc (NYSE:HD)‘s shares dipped -1.21% to $111.04.

By purchasing a paper door for $2, our customers generously supported 182 Home Depot stores across Canada to raise $1,253,370 in 36 days, with the aim of putting an end to youth homelessness.

One hundred per cent of our customer donations support housing and life-skills development programs such as counselling, financial literacy, and employment preparation to give youth the practical tools they need to live to their full potential.

The Home Depot Canada Foundation match program means the top 10 fundraising communities based on top dollar sales and top sales as a percentage of transactions will receive a dollar-for-dollar match. This means:

  • Bridging the Gap Halton in Milton, Ontario will receive $43,736
  • Crisis Centre North Bay in North Bay, Ontario will receive $30,860
  • Eva’s Initiatives for Homeless Youth in Toronto, Ontario will receive $50,548
  • John Howard Society of Durham Region in Oshawa, Ontario will receive $34,312
  • Ktunaxa Nation Council in Cranbrook, British Columbia will receive $20,104
  • Maison Raymond Roy in Victoriaville, Quebec will receive $12,100
  • Orillia Youth Centre in Orillia, Ontario will receive $34,908
  • Our Place Peel in Etobicoke, Ontario will receive $55,860
  • The Table Soup Kitchen Foundation in Huntsville, Ontario will receive $20,144

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, in addition to provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers.

DryShips Inc. (NASDAQ:DRYS), ended its Wednesday’s trading session with 0.45% gain, and closed at $0.510.

DryShips Inc. (DRYS) declared the results of its 2015 Annual General Meeting of Shareholders.

The following proposals were approved and adopted at the Meeting:

  1. The election of Mr. George Xiradakis as Class B Director of the Company to serve until the 2018 Annual General Meeting of Shareholders; and
  2. the approval of the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A., as the Company’s independent auditors for the fiscal year ending December 31, 2015.

DryShips Inc. provides ocean transportation services for drybulk and petroleum cargoes, and offshore deepwater drilling services. The company operates through Drybulk, Tanker, and Drilling segments. The Drybulk segment provides drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries. The Drilling segment offers ultra deep water drilling services.

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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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