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Wednesday 29 July 2015
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Pre-Market Stocks Recap: Oceaneering International (NYSE:OII), Cintas (NASDAQ:CTAS), Biomed Realty Trust (NYSE:BMR), Intuit (NASDAQ:INTU)

On Thursday, Oceaneering International (NYSE:OII)’s shares declined -0.67% to $42.77.

Oceaneering International, Inc. (OII) declared the appointment of Steve Barrett as Senior Vice President, Subsea Products, with worldwide responsibility for Oceaneering’s Subsea Products segment.

Mr. Barrett started his career in the oil and gas industry in 1980. In 1982 he joined FMC Technologies, Inc., where he progressed from Design Engineer to his most recent role as Global Subsea Services Director. Steve holds a B.S. in Mechanical Engineering from Texas A&M University and an M.B.A., Finance and Entrepreneurship, from Rice University.

Oceaneering International, Inc. provides engineered services and products primarily to the offshore oil and gas industry worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drilling support in the oil and gas industry; and subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair services.

Cintas Corporation (NASDAQ:CTAS)’s shares gained 0.81% to $86.78.

Cintas Corporation ( CTAS) stated results for its fourth quarter and full fiscal year ended May 31, 2015.

Revenue for the fourth quarter was $1.14 billion. Organic growth, which adjusts for the impacts of acquisitions, foreign currency exchange rate fluctuations and the contribution of the Document Shredding business to Shred-it International Inc. (“Shred-it”), was 6.0%. Revenue growth for the fourth quarter was 0.7% over the preceding year period. This year’s fourth quarter and full year revenue does not comprise any Document Shredding revenue as a result of the transaction with Shred-it (the “Shred-it Transaction”) that closed on April 30, 2014, whereas last year’s fourth quarter and full year does comprise Document Shredding revenue.

Revenue for the full fiscal year was $4.48 billion, and organic growth was 7.1%. Revenue growth for the full fiscal year was 0.2%. Operating income was $696.4 million, and net income was $430.6 million. Earnings per diluted share for the full fiscal year were $3.63. Earnings per diluted share, not taking into account suspended operations, income or loss on Shred-it investment, and certain other impacts, were $3.35, representing an enhance of 21.8% over the preceding year period.

Cintas Corporation provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. The company’s Rental Uniforms and Ancillary Products segment rents and services uniforms and other garments, counting flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, and carpet and tile cleaning services.

At the end of Thursday’s trade, Biomed Realty Trust Inc (NYSE:BMR)‘s shares surged 0.34% to $20.42.

BioMed Realty Trust, Inc. (BMR) declared it will report results for its second quarter ended June 30, 2015 after the market closes on Tuesday, July 28, 2015.

Alan D. Gold, Chairman, President and Chief Executive Officer, and other members of the BioMed Realty administration team will host an investor conference call at 10:00 a.m. Pacific Time on Wednesday, July 29, 2015 to talk about the company’s financial results and operations for the quarter.

BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT) that focuses on providing real estate to the life science industry in the United States. Its tenants primarily comprise biotechnology and pharmaceutical companies, scientific research institutions, government agencies, and other entities involved in the life science industry. The company owns or has interests in 72 properties, representing 119 buildings with about 11.0 million rentable square feet. Its properties are located predominantly in the major U.S. life science markets of Boston, San Diego, San Francisco, Seattle, Maryland, Pennsylvania, and New York/New Jersey.

Intuit Inc. (NASDAQ:INTU), ended its Thursday’s trading session with 1.66% gain, and closed at $108.10.

Intuit Inc. (INTU) QuickBooks Connect is returning to San Jose, Calif., with notable names joining the main stage lineup, counting The Honest Company’s Jessica Alba, founder and chief creative officer, and Brian Lee, co-founder and chief executive officer, in addition to Sekou Andrews, entrepreneur and poetic motivational speaker. Intuit QuickBooks will present these and other speakers with the aim of inspiring attendees and sharing lessons for small business success. Attendees can register at www.QuickBooksConnect.com.

Taking place Nov. 2-4, QuickBooks Connect will unite thousands of entrepreneurs, small businesses, accountants and developers under one roof to get connected, educated and inspired via hands-on breakout sessions, engaging main stage presentations and unique networking opportunities. Building on the success of last year’s event, QuickBooks Connect will feature a dynamic agenda and experience designed to assist attendees’ businesses grow and succeed. Alba, Lee, Andrews and others yet to be declared will speak on Nov. 3 during the main stage event.

Intuit Inc. provides business and financial administration solutions for small businesses, consumers, and accounting professionals in the United States, Canada, the United Kingdom, Australia, India, and Singapore. The company’s Small Business segment provides QuickBooks financial and business administration online services and desktop software; QuickBooks technical support services; financial supplies; and small business payroll products and services.

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