NEW YORK, October 19, 2016 /PRNewswire/ --
The Services sector is the largest and fastest growing sector in the US, accounting for 78% of total U.S. gross domestic
product (GDP) and 82% of the American workforce. Pre-market, Stock-Callers.com looks at the recent performances of the following
equities: The Kroger Co. (NYSE: KR), Whole Foods Market Inc. (NASDAQ: WFM), Sysco Corp. (NYSE: SYY), and The Hain Celestial Group
Inc. (NASDAQ: HAIN). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Kroger
Cincinnati, Ohio headquartered The Kroger Co.'s shares declined 0.62%, closing Tuesday's
trading session at $30.64 with a total trading volume of 9.96 million shares. The stock is trading
1.89% below its 50-day moving average. Shares of the Company, which together with its subsidiaries, operates as a retailer in the
US, have a Relative Strength Index (RSI) of 51.08.
On September 15th, 2016, Kroger's Board of Directors declared a quarterly dividend of
12¢ per share to be paid on December 1st, 2016, to shareholders of record as of the
close of business on November 15th, 2016. The company also announced an incremental
$500 million share repurchase program, supplementing the current authorization, which has
$392 million remaining as of September 14th, 2016.
On September 23rd, 2016, research firm Barclays initiated an 'Equal Weight' rating on
the Company's stock, issuing a target price of $33 per share. Free research report on KR is
available at:
http://stock-callers.com/registration/?symbol=KR
Whole Foods Market
On Tuesday, shares in Austin, Texas headquartered Whole Foods Market Inc. recorded a trading
volume of 2.15 million shares and fell 0.35%, ending the day at $28.21. The stock is trading below
its 50-day moving average by 3.76%. Shares of the Company, which operates natural and organic foods supermarkets, have an RSI of
43.85.
On September 23rd, 2016, research firm Barclays initiated an 'Equal Weight' rating on
the Company's stock, issuing a target price of $30 per share.
On September 26th, 2016, Whole Foods Market commenced an offer to exchange up to
$1.0 billion aggregate principal amount of its outstanding 5.200% Senior Notes due 2025 for an
equal principal amount of its registered 5.200% senior notes due 2025. The terms of the New Notes are identical in all material
respects to the terms of the Original Notes and will represent the same debt as the Original Notes. The purpose of the Exchange
Offer is to fulfill the Company's obligations under the applicable registration rights agreement entered into in connection with
the issuance of the Original Notes. The Company will not receive any proceeds from the Exchange Offer. The Exchange Offer will
expire at 5:00 p.m. ET on October 25th, 2016, unless
extended. The complimentary research report on WFM can be downloaded at:
http://stock-callers.com/registration/?symbol=WFM
Sysco
Houston, Texas headquartered Sysco Corp.'s stock finished the day 0.02% higher at
$48.27 and with a total trading volume of 2.06 million shares. The Company's shares have gained
20.97% on an YTD basis. The stock is trading above its 200-day moving average by 2.31%. Additionally, shares of Sysco, which
through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or
food-away-from-home industry in the US, Bahamas, Canada,
Ireland, Costa Rica, and Mexico, have an RSI of 41.36.
On September 21st, 2016, Sysco announced that three newly-elected directors,
Daniel Brutto, Bradley Halverson, and Edward Shirley, joined the company's board of directors, expanding the size of the board to 15 members. These
new directors were elected in connection with the board's ongoing refreshment efforts, which also included the establishment of a
15-year phased director tenure limitation. All three of the newly-elected directors will stand for reelection at Sysco's next
Annual Meeting of Stockholders on November 16th, 2016.
On September 23rd, 2016, research firm Barclays initiated an 'Underweight' rating on
the Company's stock, issuing a target price of $48 per share. Visit us today and access our
complete research report on SYY at:
http://stock-callers.com/registration/?symbol=SYY
Hain Celestial
Shares in Lake Success, New York headquartered The Hain Celestial Group Inc. ended
yesterday's session 3.08% higher at $35.82. The stock recorded a trading volume of 1.57 million
shares. The Company's shares have advanced 1.91% in the last one month. The stock is trading 5.94% below its 50-day moving
average. Moreover, shares of Hain Celestial Group, which manufactures, markets, distributes, and sells organic and natural
products in the US, the UK, Canada, and Europe, have an RSI of
51.13.
On October 06th, 2016, Sensible Portions® Garden Veggie Snacks, a Hain Celestial
snack brand, joined "Trolls" as part of a nationwide licensing deal for DreamWorks Animation's new animated film. This is the
first national movie campaign for Sensible Portions®, launching the brand's mission to become the go-to all-family snack in the
natural snacks category. Get free access to your research report on HAIN at:
http://stock-callers.com/registration/?symbol=HAIN
--
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® 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® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA