Technical Reports on Business Equipment Equities -- Pitney Bowes, VeriFone Systems, Avery Dennison, and Steelcase
NEW YORK, March 1, 2017 /PRNewswire/ --
Stock-Callers.com has on its watch the following equities in the Business Equipment industry: Pitney Bowes Inc. (NYSE: PBI), VeriFone Systems Inc. (NYSE: PAY), Avery Dennison Corp. (NYSE: AVY), and Steelcase Inc. (NYSE: SCS). These companies provide products for business use, including office furniture, printers, security systems, and lighting. Often structured as corporations, these companies offer average dividend yields. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
Pitney Bowes
On Tuesday, shares in Stamford, Connecticut headquartered Pitney Bowes Inc. recorded a trading volume of 55.09 million shares, which was above their three months average volume of 3.51 million shares. The stock ended at $13.64, declining 2.50% from the last trading session. The Company's shares are trading below their 50-day moving average by 7.81%. Furthermore, shares of Pitney Bowes, which offers customer information management, location intelligence, and customer engagement technology products and solutions in the US and internationally, have a Relative Strength Index (RSI) of 44.57.
On February 28th, 2017, Pitney Bowes announced two new clients for its emerging parcel sortation business in India. The Company stated that Gati Limited and Flipkart will be more efficiently managing parcel shipments with the Pitney Bowes TrueSort automated parcel sorting system and the Pitney Bowes OneSort automated data capture system. Visit us today and access our complete research report on PBI at:
http://stock-callers.com/registration/?symbol=PBI
VeriFone Systems
San Jose, California headquartered VeriFone Systems Inc.'s stock finished yesterday's session 1.24% lower at $20.67. A total volume of 2.31 million shares was traded, which was higher than their three months average volume of 2.08 million shares. The Company's shares have gained 14.33% in the last one month, 16.45% over the previous three months, and 16.58% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.82% and 10.96%, respectively. Furthermore, shares of VeriFone Systems, which provides payments and commerce solutions at the point of sale worldwide, have an RSI of 74.71.
On February 01st, 2017, Verifone announced that it will release its Q1 FY17 financial results after the market closes on March 09th, 2017. Verifone management will host a webcast to review the financial results on the same day at 4:30 pm ET. The complimentary report on PAY can be downloaded at:
http://stock-callers.com/registration/?symbol=PAY
Avery Dennison
At the closing bell on Tuesday, shares in Glendale, California headquartered Avery Dennison Corp. rose 0.01%, ending the day at $80.71. The stock recorded a trading volume of 652,046 shares. The Company's shares have advanced 9.97% in the last one month, 13.78% over the previous three months, and 15.53% on an YTD basis. The stock is trading 8.34% and 9.01% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Avery Dennison, which produces and sells pressure-sensitive materials worldwide, have an RSI of 68.90.
On February 24th, 2017, Avery Dennison announced that it has priced an underwritten public offering of €500,000,000 aggregate principal amount of 1.250% Senior Notes due 2025. The Senior Notes were priced at 99.917% of their principal amount. The offering is expected to close on March 03rd, 2017, subject to customary closing conditions. Avery Dennison intends to use approximately €200 million of the net proceeds from the offering to repay commercial paper borrowings that it used to finance a portion of its acquisition of the European business of Mactac in August 2016, and the remainder for general corporate purposes, which may include the repayment of other indebtedness, including its 6.625% Guaranteed Notes due 2017, acquisitions, including the acquisitions of Hanita Coatings and Yongle Tape Company, capital expenditures, working capital and other corporate purposes. Register for free on Stock-Callers.com and access the latest research report on AVY at:
http://stock-callers.com/registration/?symbol=AVY
Steelcase
Grand Rapids, Michigan headquartered Steelcase Inc.'s stock ended the day 2.74% lower at $16.00. A total volume of 729,910 shares was traded, which was above their three months average volume of 651,960 shares. The Company's shares are trading 7.09% above their 200-day moving average. Additionally, shares of Steelcase, which designs, manufactures, and distributes an integrated portfolio of furniture settings, user-centered technologies, and interior architectural products, have an RSI of 43.37.
On February 28th, 2017, Steelcase announced that it plans to webcast a discussion of its Q4 and FY17 financial results on March 22nd, 2017 at 8:30 a.m. ET. The news release detailing the financial results will be issued on March 21st, 2017, after the market closes. Get free access to your research report on SCS at:
http://stock-callers.com/registration/?symbol=SCS
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article