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Thursday 24 September 2015
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Latest Update

Pre-Market Stocks Recap: Keurig Green Mountain (NASDAQ:GMCR), Freescale Semiconductor (NYSE:FSL), Frontline (NYSE:FRO), Starwood Property Trust, (NYSE:STWD)

On Friday, Keurig Green Mountain Inc (NASDAQ:GMCR)’s shares declined -1.45% to $83.20.

Keurig Green Mountain Inc (GMCR) report it has been ranked 14th among the 500 largest publicly-traded U.S. companies on environmental performance in a study done for Newsweek magazine. Keurig jumped to #14 from its #132 ranking in 2014.

The Newsweek Green Rankings are one of the world’s most recognized assessments of corporate environmental performance. Based on research from Corporate Knights Capital, together with a “Green Revenue” score powered by HIP (Human Impact + Profit) Investor Inc., the project features eight indicators that are used to assess and measure environmental performance.

Keurig Green Mountain, Inc. produces and sells specialty coffee, coffeemakers, teas, and other beverages in the United States and Canada. It sources, produces, and sells coffee, hot cocoa, teas, and other beverages under various brands in K-Cup, Vue, Rivo, K-Carafe, and Bolt portion packs brands; and coffee in traditional packaging, counting bags and fractional packs, in addition to offers whole bean and ground coffee in bags, fractional packages, and cans.

Freescale Semiconductor Ltd (NYSE:FSL)’s shares dropped -0.47% to $42.23.

Freescale Semiconductor Ltd (FSL) will host the Freescale Technology Forum (FTF) Americas 2015 – one of the premier technical training events for the embedded design community – June 22-25 at the new JW Marriot in downtown Austin. Registration is now open and early bird pricing ends June 5.

Event Highlights:

  • Steve Wozniak, innovator, co-founder of Apple® Computer and industry influencer. Wozniak will share his candid views on recently technical innovation, in addition to the creativity needed for tomorrow’s connected devices.
  • Freescale president and CEO, Gregg Lowe is planned to reveal how Freescale is driving the Internet of Tomorrow (IoT) — a future IoT where secure solutions exist across every touch point, from the end node to the network to the cloud. Lowe will share the stage with customers and partners demonstrating innovation, moving the industry from defining IoT strategies to securing IoT implementation.

For ten years, the Freescale Technology Forum (FTF) has driven innovation and partnership by featuring one of the most comprehensive embedded ecosystems in the industry. FTF provides the training and expertise customers need to create and enable the secure, embedded solutions needed for the internet of things—recently and tomorrow. FTF features four days of in-depth training, hands-on workshops, demonstrations from Freescale and ecosystem partners and exceptional opportunities to collaborate with industry peers and visionaries. The forum has been enthusiastically received by the global developer community, drawing nearly 70,000 attendees worldwide since its inception in 2005. FTF takes place June 22-25, 2015, in Austin, Texas.

Freescale Semiconductor, Ltd. provides embedded processors worldwide. The company’s products comprise microcontrollers, ranging from 8-bit products to higher performance 16-bit and 32-bit products with on-board flash memory, which provide the digital logic or intelligence for electronic applications and controlling electronic equipment or analyzing sensor inputs; single-and multi-core microprocessors; and applications processors with embedded memory, and special purpose hardware and software for multimedia applications.

At the end of Friday’s trade, Frontline Ltd (NYSE:FRO)‘s shares surged 1.11% to $2.74.

Frontline (FRO) released its first quarter 2015 earnings results.

For the quarter, the company’s operating profit jumped to $39.5 million from $5.6 million a year earlier, beating expectations for $36 million, according to analysts polled by Thomson Reuters.

On a per share basis, Frontline posted earnings of 25 cents per share, beating the consensus estimate of 18 cents per share.

Frontline Ltd., a shipping company, through its auxiliaries, owns and operates oil tankers and oil/bulk/ore carriers. The company provides seaborne transportation of crude oil and oil products. It’s very large crude carriers (VLCCs) primarily transport crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean, and the Louisiana Offshore Oil Port, in addition to Suezmax tankers trade in the Atlantic Basin, the Middle East, and Southeast Asia. As of December 31, 2014, the company’s tanker fleet comprised of 22 vessels, counting 14 VLCCs and 8 Suezmax tankers. It is also involved in the charter, purchase, and sale of vessels.

Starwood Property Trust, Inc. (NYSE:STWD), ended its Friday’s trading session with 0.07% gain, and closed at $22.79.

Starwood Property Trust, Inc. (STWD) declared that Adam Behlman and Isaac Pesin were promoted to the position of Co-Presidents of its Real Estate Investing & Servicing Division (“REIS”). They had assumed the roles of Co-heads of REIS earlier this year. In their new role they will oversee the CMBS and real estate investment platform in addition to lead LNR Partners, the Company’s commercial mortgage special servicer.

Starwood Property Trust, Inc. originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate-related debt investments in the United States and Europe.

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