NEW YORK, April 3, 2017 /PRNewswire/ --
Stock-Callers.com today shifts focus on the Business Equipment space, which includes companies that provide products from many
sectors for business use, including office furniture, printers, security systems, and lighting. Under evaluation this
morning are: Pitney Bowes Inc. (NYSE: PBI), VeriFone Systems Inc. (NYSE: PAY), Avery Dennison Corp. (NYSE: AVY), and Steelcase
Inc. (NYSE: SCS). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Pitney Bowes
Shares in Stamford, Connecticut headquartered Pitney Bowes Inc. ended Friday's session 0.85%
higher at $13.11 with a total trading volume of 2.51 million shares. The stock is trading 3.78%
below its 50-day moving average. Shares of the Company, 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
52.98.
On March 30 th, 2017, Pitney Bowes announced that it will showcase its latest
solutions for inbound and outbound parcel management at the Association of Legal Administrators 2017 Annual Conference & Expo
from April 02 nd to April 05 th, 2017 in
Denver. At booth #216, the Company's legal workflow experts will be demonstrating SendSuite
Live and SendSuite Tracking Online, which can help law firms automate their processes for sending and receiving
expedited mail and parcels. Free research report on PBI is available at:
http://stock-callers.com/registration/?symbol=PBI
VeriFone Systems
San Jose, California headquartered VeriFone Systems Inc.'s shares saw a drop of 2.45%,
closing the day at $18.73. A total volume of 1.90 million shares was traded, which was higher than
their three months average volume of 1.80 million shares. The stock has advanced 6.36% in the previous three months and 5.64% on
an YTD basis. The Company's shares are trading 4.20% above their 200-day moving average. Additionally, shares of VeriFone
Systems, which provides payments and commerce solutions at the point of sale worldwide, have an RSI of 43.12.
On March 09 th, 2017, VeriFone Systems announced financial results for the three
months ended January 31 st, 2017. GAAP net revenues were $454
million, non-GAAP net revenues were $457 million, GAAP net loss per diluted share was
$0.15, non-GAAP net income per diluted share was $0.21, and operating
cash flow was $45 million.
On March 27 th, 2017, research firm Tigress Financial initiated a 'Buy' rating on the
Company's stock. The complimentary research report on PAY can be downloaded at:
http://stock-callers.com/registration/?symbol=PAY
Avery Dennison
Last Friday, shares in Glendale, California headquartered Avery Dennison Corp. gained 0.15%,
closing the session at $80.60. The stock recorded a trading volume of 644,217 shares. The Company's
shares have advanced 14.72% over the previous three months and 15.37% on an YTD basis. The stock is trading 2.55% above its
50-day moving average and 7.79% above its 200-day moving average. Furthermore, shares of Avery
Dennison, which produces and sells pressure-sensitive materials worldwide, have an RSI of 55.43.
On March 20 th, 2017, Avery Dennison announced that
its board of directors has elected Gregory S. Lovins as Vice President and Interim Chief Financial
Officer, effective immediately. As interim CFO, Mr. Lovins will lead the Company's finance function, including audit, financial
reporting, investor relations, financial planning and analysis, tax, and treasury. He will also oversee the Company's information
technology group. Visit us today and access our complete research report on AVY at:
http://stock-callers.com/registration/?symbol=AVY
Steelcase
Grand Rapids, Michigan headquartered Steelcase Inc.'s stock finished the session 2.13% higher
at $16.75. A total volume of 1.11 million shares was traded, which was above their three months
average volume of 658,710 shares. The Company's shares have advanced 4.19% in the last month. The stock is trading above its
50-day and 200-day moving averages by 2.88% and 11.84%, respectively. 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 54.55.
On March 21 st, 2017, Steelcase announced that Todd
Kelsey, President and CEO of Plexus Corp., is joining the Company's Board of Directors. Kelsey's expertise in
technology-driven business initiatives and experience guiding key strategies and policies for the creation of long-term
shareholder value make him an exceptional addition to the group.
On March 23 rd, 2017, research firm Raymond James upgraded the Company's stock rating
from 'Market Perform' to 'Strong Buy'. Get free access to your research report on SCS at:
http://stock-callers.com/registration/?symbol=SCS
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