TMCnet News

Business Equipment Stocks Under Scanner -- Pitney Bowes, VeriFone Systems, Steelcase, and Herman Miller
[May 25, 2017]

Business Equipment Stocks Under Scanner -- Pitney Bowes, VeriFone Systems, Steelcase, and Herman Miller


NEW YORK, May 25, 2017 /PRNewswire/ --

On Wednesday, May 24, 2017, the NASDAQ Composite ended the trading session at 6,163.02, up 0.40%; the Dow Jones Industrial Average edged 0.36% higher, to finish at 21,012.42; and the S&P 500 closed at 2,404.39, marginally advancing 0.25%. Gains were broad based as seven out of nine sectors ended the day in positive. This Thursday, Stock-Callers.com has initiated reports coverage on the following Business Equipment equities: Pitney Bowes Inc. (NYSE: PBI), VeriFone Systems Inc. (NYSE: PAY), Steelcase Inc. (NYSE: SCS), and Herman Miller Inc. (NASDAQ: MLHR). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration

Pitney Bowes  

On Wednesday, shares in Stamford, Connecticut headquartered Pitney Bowes Inc. recorded a trading volume of 1.40 million shares. The stock ended at $15.00, declining 1.57% from the last trading session. The Company's shares have gained 11.86% in the last one month and 8.62% over the previous three months. The stock is trading above its 50-day moving average by 8.70%. 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 56.07.

On May 15th, 2017, research firm Sidoti downgraded the Company's stock rating from 'Buy' to 'Neutral'. Sign up and read the free 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 0.28% lower at $17.77 with a total trading volume of 516,217 shares. The Company's shares have gained 0.23% on an YTD basis. The stock is trading below its 200-day moving average by 0.44%. Furthermore, shares of VeriFone Systems, which provides payments and commerce solutions at the point of sale worldwide, have an RSI of 41.85. The complimentary research report on PAY can be downloaded at: http://stock-callers.com/registration/?symbol=PAY

Steelcase  

At the close of trading on Wednesday, shares in Grand Rapids, Michigan headquartered Steelcase Inc. rose 1.20%, ending the day at $16.80. The stock recorded a trading volume of 475,479 shares. The Company's shares have advanced 4.35% in the previous three months. The stock is trading 0.88% and 7.38% above its 50-day and 200-day moving aerages, respectively. Moreover, shares of Steelcase, which manufactures and sells integrated portfolio of furniture settings, user-centered technologies, and interior architectural products, have an RSI of 50.87. Register for free on Stock-Callers.com and access the latest report on SCS at: http://stock-callers.com/registration/?symbol=SCS



Herman Miller  

Zeeland, Michigan headquartered Herman Miller Inc.'s shares ended the day 0.16% higher at $31.65 with a total trading volume of 356,290 shares. The stock has gained 4.46% over the previous three months. The Company's shares are trading 0.47% below their 200-day moving average. Additionally, shares of Herman Miller, which engages in the research, design, manufacture, and distribution of office furniture systems, seating products, other freestanding furniture elements, textiles, home furnishings, and related services in the US and internationally, have an RSI of 42.45. Get free access to your research report on MLHR at: http://stock-callers.com/registration/?symbol=MLHR


--

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


[ Back To TMCnet.com's Homepage ]