NEW YORK, September 15, 2016 /PRNewswire/ --

Stock-Callers.com reviews the most recent performances of four Business Equipment equities, namely: VeriFone Systems Inc. (NYSE: PAY), Pitney Bowes Inc. (NYSE: PBI), Steelcase Inc. (NYSE: SCS), and Avery Dennison Corp. (NYSE: AVY). These companies belong to the U.S. Consumer Goods space, and are engaged in the manufacture of office technology equipment, which include photocopiers, facsimile, calculators, cash registers, coin and currency counting devices, and scientific and analytical equipment. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:

http://stock-callers.com/registration

VeriFone Systems  

On Wednesday, shares in San Jose, California headquartered VeriFone Systems Inc. recorded a trading volume of 2.34 million shares. The stock ended the session 0.56% lower at $16.02. The Company's shares are trading 14.49% below their 50-day moving average. Moreover, shares of VeriFone Systems, which designs, manufactures, markets, and supplies electronic payment solutions at the point of sale worldwide, have a Relative Strength Index (RSI) of 25.55.

On September 01st, 2016, Verifone Systems reported net revenues of $488 million for Q3 FY16, down 4.3% compared to net revenue of $510 million in Q3 FY15. The company posted non-GAAP net income per diluted share of $0.42 for the reported quarter, down 10.6% from non-GAAP net income of $0.47 per diluted share for the year ago period.

On September 12th, 2016, research firm Imperial Capital downgraded the Company's stock rating from 'Outperform' to 'In-line'. The research firm also revised downwards its previous target price from $24 per share to $18 per share. Visit us today and access our complete research report on PAY at:

http://stock-callers.com/registration/?symbol=PAY Pitney Bowes  

Stamford, Connecticut headquartered Pitney Bowes Inc.'s stock closed the day 0.96% lower at $17.61 with a total trading volume of 1.43 million shares. Shares of the Company, which offers customer information management, location intelligence, and customer engagement technology products and solutions in the US and internationally, are trading 4.25% below their 50-day moving average. The stock has an RSI of 31.88.

On September 12th, 2016, Pitney Bowes announced the launch of the SmartLink device, a digital technology solution that connects postage meters to the Pitney Bowes Commerce Cloud, in Canada to enhance productivity and enable a new range of online services. The SmartLink device leverages a secure Internet of Things (IoT) platform to link physical postage meters to the Pitney Bowes Commerce Cloud, unlocking valuable new benefits, online tools and services. The complimentary report on PBI can be downloaded at: http://stock-callers.com/registration/?symbol=PBI Steelcase  

Shares in Grand Rapids, Michigan headquartered Steelcase Inc. recorded a trading volume of 596,712 shares and ended yesterday's trading session 1.28% lower at $13.87. The stock is trading below its 50-day moving average by 3.62%. Shares of the Company, which designs, manufactures, and distributes an integrated portfolio of furniture settings, user-centered technologies, and interior architectural products, have an RSI of 35.64.

On September 14th, 2016, Steelcase announced that it will webcast a discussion of its Q2 FY17 financial results on September 22nd, 2016 at 11:00 a.m. ET. The news release detailing the financial results will be issued on September 21st, 2016, after the market closes. Register for free on Stock-Callers.com and access the latest research report on SCS at:

http://stock-callers.com/registration/?symbol=SCS Avery Dennison  

Glendale, California headquartered Avery Dennison Corp.'s stock finished Wednesday's session 0.12% lower at $75.52 with a total trading volume of 382,840 shares. The Company's shares have advanced 0.35% over the previous three months and 22.52% since the start of this year. The stock is trading above its 200-day moving average by 8.06%. Additionally, shares of Avery Dennison, which produces and sells pressure-sensitive materials worldwide, have an RSI of 43.93.

On August 2nd, 2016, Avery Dennison announced it had completed the acquisition of the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of EUR200 million including assumed debt. The company noted that Mactac's manufacturing facility in Soignies, Belgium, along with sales offices and warehouses in Europe and Asia, are now part of Avery Dennison's global footprint. Export sales will continue to serve customers in South America, Asia/Pacific, the Middle East, and North Africa. The transaction excludes the Mactac business in the US, Canada and Mexico which will continue to be owned by Platinum Equity. Get free access to your research report on AVY at:

http://stock-callers.com/registration/?symbol=AVY

--

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 info@stock-callers.com. Rohit Tuli, a CFA(R) 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: info@stock-callers.com 
        Phone number:  +44 330 808 3765 
        Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2
         1BP 

 

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA