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Friday 25 September 2015
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Stocks in the Spotlight: Oracle Corporation (NYSE:ORCL), Union Pacific Corporation (NYSE:UNP), Kennametal Inc. (NYSE:KMT)

On Thursday, Shares of Oracle Corporation (NYSE:ORCL), gained 0.41% to $36.90.

Oracle Corporation declared that its first quarter fiscal year 2016 results would be released on Wednesday, September 16, after the close of the market. Oracle will host a conference call and live webcast at 2:00 p.m. Pacific Time to discuss the financial results.

Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.

Shares of Union Pacific Corporation (NYSE:UNP), inclined 0.69% to $85.70, during its last trading session.

Rob Knight, chief financial officer of Union Pacific Corporation (UNP), will address the Cowen and Company 8th Annual Global Transportation Conference at 8:40 a.m. ET on Wednesday, September 9, 2015, in Boston.

Union Pacific Corporation, through its partner, Union Pacific Railroad Company, operates railroads in the United States. The company offers freight transportation services for agricultural products, counting grains, commodities produced from grains, and food and beverage products; automotive products, such as finished vehicles and automotive parts; and chemicals compriseing of industrial chemicals, plastics, crude oil, liquid petroleum gases, fertilizers, soda ash, sodium products, and phosphorus rock and sulfur products.

Finally, Kennametal Inc. (NYSE:KMT), ended its last trade with -0.41% loss, and closed at $29.12.

Kennametal Inc., declared that its Board of Directors has elected Jan Kees van Gaalen to the position of vice president and chief financial officer effective September 1, 2015.

In this role, he will lead the company’s finance function counting treasury, accounting, tax and investor relations. Jan Kees van Gaalen replaces Martha Fusco who has served as interim chief financial officer since February 2015. Ms. Fusco will continue in her role as vice president and corporate controller.

“We are confident that Jan Kees van Gaalen’s diverse, global background and record of performance leading industrial business transformation is a perfect fit for Kennametal as we strengthen the company to win in the marketplace,” said President and CEO Don Nolan. “We expect his leadership to make a noteworthy impact as we continue to shape portfolio, align cost structure and drive improved performance.”

Kennametal Inc. manufactures and supplies tooling, engineered components, and advanced materials consumed in production processes worldwide. It operates through two segments, Industrial and Infrastructure.

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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.

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