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Saturday 22 August 2015
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Pre-Market Stocks Roundup: McKesson (NYSE:MCK), Parker-Hannifin (NYSE:PH), Big Lots, (NYSE:BIG), Stratasys, (NASDAQ:SSYS)

On Wednesday, McKesson Corporation (NYSE:MCK)’s shares inclined 1.14% to $235.13.

McKesson Corporation (MCK) will release financial results for its first fiscal quarter ended June 30, 2015 on Wednesday, July 29, 2015, following the market close at about 4:00 PM Eastern Time (1:00 PM Pacific Time). The company has planned a conference call for 5:00 PM Eastern Time (2:00 PM Pacific Time), during which John Hammergren, chairman and chief executive officer, and James Beer, executive vice president and chief financial officer, will review these results.

McKesson Corporation delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry in the United States and internationally. The company operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions.

Parker-Hannifin Corporation (NYSE:PH)’s shares dropped -0.51% to $111.50.

Invenshure, LLC, a technology incubator and venture catalyst, recently declare that Parker Hannifin Corporation ( PH) accomplished a noteworthy minority equity investment in Exosite LLC, one of Invenshure’s portfolio companies. In addition, through a preferred supplier agreement, Parker Hannifin and Exosite will expand their partnership, which began in 2013 with technology partnershipto deploy Internet of Things (IoT) solutions across several of its global operating divisions.

With annual sales surpassing $13 billion in fiscal year 2014, Parker Hannifin is the world’s leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial, and aerospace markets.

Exosite, headquartered in Minneapolis, MN, is a leading developer of cloud-based solutions that enable customers to connect smart devices to the Internet for remote control, monitoring, and business analytics. Exosite’s software solutions are highly scalable, customizable, secure, and reliable. These tools accelerate the time to market for customers building IoT businesses.

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. It operates through two segments, Diversified Industrial and Aerospace Systems. The Diversified Industrial segment provides pneumatic, fluidic, and electromechanical components and systems; filters, systems, and diagnostics solutions to monitor and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors, which control, transmit, and contain fluid; hydraulic components and systems for builders and users of industrial and mobile machinery and equipment; critical flow components for process instrumentation, healthcare, and ultra-high-purity applications, in addition to components for use in refrigeration and air conditioning systems, and in fluid control applications for processing, fuel dispensing, beverage dispensing, and mobile emissions; and static and dynamic sealing devices.

At the end of Wednesday’s trade, Big Lots, Inc. (NYSE:BIG)‘s shares surged 0.93% to $43.53.

Mari Linn Lacovara was given no warning in May 2013 that the decorative oil-filled lamp she bought at a local chain discount store for her Egg Harbor Township home would easily become an explosive device and nearly take her life. After becoming yet another victim of the Big Lots, Inc. exploding tabletop citronella-oil torch, the New Jersey woman and her husband are suing the lamp’s seller and urging tighter controls on the sale of similar products.

According to the complaint (CV-01953-JBS-AMD) filed recently in United States District Court in Camden, Ms. Lacovara, a senior budget office official at the Tropicana, wife of a stepped down firefighter-paramedic, and mother of two, on May 22, 2013 was on her back deck, blowing out the mosaic-style, oil-fueled tabletop torch, which she purchased at the discount Big Lots (BIG) store in nearby Somers Point, when the lamp suddenly exploded.

Big Lots, Inc., through its auxiliaries, operates as a non-traditional, discount retailer in the United States. The company offers products under various merchandising categories, such as food category that comprises beverage and grocery, candy and snacks, and specialty foods departments; consumables category, which comprises health and beauty, plastics, paper, chemical, and pet departments; soft home category that comprises of fashion bedding, utility bedding, bath, window, decorative textile, and area rugs departments; hard home category, counting small appliances, table top, food preparation, stationery, greeting cards, tools, paint, and home maintenance departments; and furniture and home décor category comprising of upholstery, mattress, ready-to-assemble, case goods, home décor, and frames departments.

Stratasys, Ltd. (NASDAQ:SSYS), ended its Wednesday’s trading session with -1.97% loss, and closed at $32.87.

Stratasys Ltd. (SSYS), a leading global provider of 3D printing and additive manufacturing solutions, has recently declared that Italian Service Bureau, ZARE, has halved production costs for its direct manufacturing customers in automotive and aerospace since investing in a fleet of Stratasys Fortus 3D Production Systems.

Following the longstanding success of using Stratasys PolyJet and FDM 3D printing for prototyping applications, the company now deploys its Fortus 3D Production Systems to expand its direct manufacturing services to customers. This spans a spectrum of traditional manufacturing applications, counting injection molding, tooling and the production of final parts.

Stratasys Ltd. provides additive manufacturing (AM) solutions for the creation of parts used in the processes of designing and manufacturing products; and for the direct manufacture of end parts. Its AM systems utilize its patented fused deposition modeling and inkjet-based PolyJet technologies to enable the production of prototypes, tools used for production and manufactured goods directly from three-dimensional (3D) CAD files or other 3D content.

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