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Wednesday 17 June 2015
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Pre-Market News Report on: Uranium Energy Corp. (NYSEMKT:UEC), 500.com Ltd (NYSE:WBAI), Equity Residential (NYSE:EQR), Pioneer Natural Resources(NYSE:PXD)

On Monday, Shares of Uranium Energy Corp. (NYSEMKT:UEC), lost -3.46% to $2.79.

Uranium Energy Corp., declared that it has received $3.08 million in cash proceeds from the sale of uranium from inventory. This sale was accomplished subsequent to the Company’s fiscal third quarter ended April 30, 2015, and will be stated in the Company’s year-end results for the fiscal year ending July 31, 2015. The sale price of $38.50/lb. is 8.5% higher than the current spot price.

Uranium Energy Corp. engages in the exploration, extraction, and processing of uranium concentrates on projects located in the United States and the Republic of Paraguay. As of July 31, 2014, it had mineral rights in uranium projects located in the states of Arizona, Colorado, New Mexico, Texas, and Wyoming, in addition to in the Republic of Paraguay.

Shares of 500.com Ltd (NYSE:WBAI), declined - 6.63% to $ 28.01, during its last trading session.

500.com Ltd, declared that it has reached a definitive purchase agreement with Tsinghua Unigroup International Co., Ltd., a partner of Tsinghua Unigroup Co., Ltd, for the issuance and sale of newly issued ordinary shares of the Company.

Following the purchase agreement, Tsinghua Unigroup International Co., Ltd. will purchase 63,500,500 newly issued Class A ordinary shares of the Company for a total purchase price of about US$123.8 million in cash. The per share purchase price of US$1.95 (corresponding to US$19.5 per American Depository Receipts) represents a 1.4% discount of the average closing trading price of the Company’s ordinary shares for the 30 trading days ended June 8, 2015, or a 17.9% discount of the closing trading price of the Company’s ordinary shares on June 8, 2015, the day preceding to the date of the purchase agreement.

500.com Limited provides online sports lottery services in the People’s Republic of China. It operates as an aggregator and processor of lottery purchase orders from its registered user accounts.

At the end of Monday’s trade, Shares of Equity Residential (NYSE:EQR), lost - 0.04% to $ 71.52.

Equity Residential, declared that its Board of Trustees declared dividends on the company’s common and preferred shares. A common share dividend for the second quarter of $0.5525 per share will be paid on July 10, 2015 to shareholders of record on June 26, 2015.

A quarterly dividend of $1.03625 per share will be paid on June 30, 2015 to shareholders of record on June 19, 2015 of the company’s Series K Preferred Shares.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and administration of multifamily properties in the United States. As of December 31, 2007, it owned and invested in 579 properties in 24 states and the District of Columbia comprising of 152,821 units.

Finally, Pioneer Natural Resources(NYSE:PXD), ended its last trade with -0.07% loss, and close at $ 147.49.

Pioneer Natural Resources, declared its second quarter 2015 earnings press release is planned to be issued after the close of trading on the New York Stock Exchange on Tuesday, August 4, 2015.

Pioneer Natural Resources Company engages in the exploration and production of oil and gas in the United States. The company produces and sells oil, natural gas liquids (NGLs), and gas.

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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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




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