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Saturday 8 August 2015
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Pre- Market News Review: ONEOK, (NYSE:OKE), United Parcel Service, (NYSE:UPS), U.S. Silica Holdings (NYSE:SLCA), Toronto-Dominion Bank (NYSE:TD)

On Thursday, ONEOK, Inc. (NYSE:OKE)’s shares inclined 1.64% to $39.14.

ONEOK, Inc. (OKE) declared that its Oklahoma Natural Gas division filed a request with the Oklahoma Corporation Commission (OCC) for an enhance in base rates, reflecting system investments and operating costs necessary to maintain the safety and reliability of its natural gas distribution system.

Oklahoma Natural Gas is the state’s largest natural gas utility, serving more than 850,000 customers across three-quarters of the state of Oklahoma.

Oklahoma Natural Gas’ request, if approved, represents an enhance of $50.4 million in base rates and would result in a typical residential customer paying $4.98 per month more for the utility’s natural gas delivery service.

ONEOK, Inc. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments.

United Parcel Service, Inc. (NYSE:UPS)’s shares gained 0.27% to $95.75.

UPS (UPS) declared that customers in the northern Netherlands will now be served out of a new 4,000 square-meter facility in Heerenveen. The new facility for package sorting and delivery employs 170 people, accommodates 55 delivery trucks and can sort 2,500 packages per hour. As the new center for UPS’s activities in the region, it is the base for providing reliable logistics and transport services to customers in Friesland, Groningen, Drenthe and the northeast region of the Flevoland province.

UPS drivers worldwide are among the safest on the roads, logging more than 4.8 billion kilometers per year and delivering more than 4 billion packages safely. Before ever making a delivery, all UPS drivers are taught safe driving methods through the company’s defensive driving platform and the training continues throughout their careers.

At the end of Thursday’s trade, U.S. Silica Holdings Inc (NYSE:SLCA)‘s shares surged 1.56% to $25.32.

U.S. Silica Holdings Inc (SLCA) released its 2014 Sustainability Report, Intersections, detailing the accomplishments over the past year that contributed to the Company’s success in reaching key targets in safety, environmental protection and community support.

The fifth annual Sustainability Report details how the Company’s sustainability efforts intersect with every facet of its business, counting U.S. Silica’s commitment to community investment, employee safety and environmental stewardship. U.S. Silica reached noteworthy milestones in 2014, cementing its status as an industry leader while paving the way for continued innovation and success.

U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States. It operates through two segments, Oil & Gas Proppants, and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery, in addition to sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products.

Toronto-Dominion Bank (NYSE:TD), ended its Thursday’s trading session with -0.51% loss, and closed at $40.75.

Toronto-Dominion Bank (TD) declared that Bob Dorrance , Group Head, Wholesale Banking, TD Bank Group and Chairman, CEO and President, TD Securities, intends to donate 6,200 TD common shares to charity as part of his ongoing charitable commitments.

As stated in TD’s proxy circular, Mr. Dorrance exceeds his share ownership requirement by a wide margin. As set out under its policies, TD is required to declare by way of press release Mr. Dorrance’s intention to conduct any transaction in TD stock at least five days in advance of the date of the transaction.

The Toronto-Dominion Bank, together with its auxiliaries, provides financial and banking services in North America and internationally. The company operates through Canadian Retail, U.S. Retail, and Wholesale Banking segments. The Canadian Retail segment offers various financial products and services, in addition to telephone, Internet, and mobile banking services to about 15 million personal and small business customers through a network of 1,165 branches and 2,867 automated banking machines in Canada.

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