NEW YORK, January 6, 2017 /PRNewswire/ --
Stock-Callers.com revisits the Consumer Goods sector to review the performances of select equities. Under evaluation today
are: Newell Brands Inc. (NYSE: NWL), The Clorox Co. (NYSE: CLX), Nova Lifestyle Inc. (NASDAQ: NVFY), and Mohawk Industries Inc.
(NYSE: MHK). According to Deloitte's 2017 Consumer Goods industry outlook, the economic fundamentals for consumer spending appear
to be solid going into the New Year, with the labor market strengthening, disposable personal income edging up, and average
hourly earnings accelerating. However, fundamentals may face headwinds from policy uncertainty. Learn more about these stocks by
accessing their free research reports at:
http://stock-callers.com/registration
Newell Brands
On Thursday, shares in Atlanta, Georgia headquartered Newell Brands Inc. recorded a trading
volume of 3.15 million shares. The stock ended the day at $46.68, rising 0.37% from the last
trading session. The Company's shares have advanced 2.14% in the last one month and 4.55% on an YTD basis. The stock is trading
below its 50-day moving average by 0.90%. Furthermore, shares of Newell Brands, which designs,
manufactures or sources, and distributes consumer and commercial products worldwide, have a Relative Strength Index (RSI) of
54.98.
On December 12th, 2016, Newell Brands announced that
it has entered into a definitive agreement to acquire New Zealand-based Sistema Plastics, a
leading provider of innovative food storage containers, primarily under the Sistema® brand, for NZ$660 million (US$470 million). Additionally, the company has entered into a definitive agreement to acquire Smith Mountain
Industries, a leading provider of premium home fragrance products, primarily under the WoodWick® Candle brand, for $100 million. Free research report on NWL is available at:
http://stock-callers.com/registration/?symbol=NWL
Clorox
Oakland, California headquartered The Clorox Co.'s stock climbed 0.63%, finishing yesterday's
session at $122.70 with a total trading volume of 775,652 shares. The Company's shares have gained
7.82% in the last month, 1.61% over the previous three months, and 2.23% since the start of this year. The stock is trading above
its 50-day moving average by 4.95%. Additionally, shares of Clorox, which manufactures and markets consumer and professional
products worldwide, have an RSI of 66.69.
On December 16th, 2016, research firm Morgan Stanley upgraded the Company's stock
rating from 'Underweight' to 'Equal-Weight'.
On January 03rd, 2017, Clorox announced that it will host a live audio webcast of a
discussion with the investment community about its Q2 FY17 results on February 03rd,
2017. The webcast is scheduled to begin at 1:30 p.m. ET. The complimentary research report on CLX
can be downloaded at:
http://stock-callers.com/registration/?symbol=CLX
Nova Lifestyle
Shares in Commerce, California headquartered Nova Lifestyle Inc. ended Thursday's session
1.55% lower at $1.91 with a total trading volume of 50,392 shares. The stock is trading 18.53%
above its 200-day moving average. Shares of the Company, which develops upholstered, wood, and metal-based residential furniture
for the living rooms, dining rooms, bedrooms, and home offices, have an RSI of 35.60.
On December 02nd, 2016, Nova LifeStyle announced that the Company has continued to
expand its ecommerce presence by partnering with Future World LifeStyle, which will feature Diamond Sofa Smart Furniture on its
website. Future World Lifestyle offers its 3 million plus members a reward redemption program that can be used for products
listed on the site. Visit us today and access our complete research report on NVFY at:
http://stock-callers.com/registration/?symbol=NVFY
Mohawk Industries
At the close, Calhoun, Georgia headquartered Mohawk Industries Inc.'s stock dropped 0.74%,
finishing at $204.35. A total volume of 441,920 shares was traded. The Company's shares have
advanced 4.82% in the last month, 2.26% over the previous three months, and 2.34% on an YTD basis. The stock is trading 3.99%
above its 50-day moving average and 2.92% above its 200-day moving average. Additionally, shares of Mohawk Industries, which
designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential
and commercial spaces worldwide, have an RSI of 58.86.
On November 03rd, 2016, Mohawk Industries, announced Q3 2016 record net earnings of
$270 million and diluted earnings per share (EPS) of $3.62, a 25%
increase versus Q3 2015 net earnings of $215 million and EPS was $2.89. The Company's net sales for Q3 2016 were $2.3 billion, up 7% versus Q3
2015 net sales of $2.15 billion. Get free access to your research report on MHK at:
http://stock-callers.com/registration/?symbol=MHK
--
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