NEW YORK, August 2, 2016 /PRNewswire/ --
Today's focus is on the Industrial Goods sector, which on July 21, 2016 has received a "Market Perform" rating from research firm Charles Schwab. Stocks under review are Weyerhaeuser Co. (NYSE: WY), CNH Industrial N.V. (NYSE: CNHI), Terex Corp. (NYSE: TEX), and AGCO Corp. (NYSE: AGCO). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
Weyerhaeuser
Federal Way, Washington-based Weyerhaeuser Co.'s shares gained 0.09%, closing Monday's trading session at $32.75. The stock recorded a trading volume of 2.81 million shares. The Company's shares have advanced 10.01% in the last month, 2.47% in the previous three months, and 11.61% since the start of this year. The stock is trading 7.15% above its 50-day moving average and 12.40% above its 200-day moving average. Additionally, shares of Weyerhaeuser, which operates under four business segments, timberlands, wood products, cellulose fibers and real estate, have a Relative Strength Index (RSI) of 63.64.
On June 29th, 2016, Weyerhaeuser announced that the Company's outstanding 6.375% Mandatory Convertible Preference Shares, Series A will convert into Weyerhaeuser common shares effective July 1st, 2016 at a rate of 1.6929 Weyerhaeuser common shares per Preference Share. The company anticipates issuing a total of approximately 23 million Weyerhaeuser's common shares in conjunction with the conversion, based on approximately 13.8 million Preference Shares outstanding as of June 28th, 2016. Free research report on WY is available at:
http://stock-callers.com/registration/?symbol=WY
CNH Industrial
On Monday, London, the U.K.-based CNH Industrial N.V.'s stock recorded a trading volume of 953,505 shares. The stock fell 1.68% ending the day at $7.01. The Company's shares have advanced 4.55% on an YTD basis. The stock is trading above its 200-day moving average by 3.99%. Furthermore, shares of CNH Industrial, which designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles, engines, transmissions, and axles worldwide, have an RSI of 51.83.
On July 25th, 2016, research firm Piper Jaffray downgraded the Company's stock rating from 'Neutral' to 'Underweight'.
On July 26th, 2016, CNH Industrial announced consolidated revenues of $6,753 million for Q2 2016, down 2.9% compared to Q2 2015. The company reported net income of $129 million in Q2 FY16, which includes an additional non-tax deductible charge of $49 million following finalization of the European Commission settlement on the truck competition investigation. The complimentary research report on CNHI can be downloaded at:
http://stock-callers.com/registration/?symbol=CNHI
Terex
Westport, Connecticut-based Terex Corp.'s stock finished the day 1.62% lower at $23.75. A total volume of 2.07 million shares was traded, which was above their three months average volume of 1.96 million shares. The Company's shares have gained 16.94% in the last one month, 0.04% in the previous three months, and 29.36% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.59% and 11.92%, respectively. Additionally, shares of Terex, which operates as a lifting and material handling solutions company, have an RSI of 69.03.
On July 11th, 2016, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with a decrease of the target price to $20 a share from $25 a share.
On August 01st, 2016, Terex announced Q2 2016 income from continuing operations of $109.6 million, or $1.00 per share, on net sales of $1.3 billion as compared to income from continuing operations of $75.9 million, or $0.70 per share, on net sales of $1.4 billion in the year ago quarter. The company reported that excluding a benefit of $67.7 million related to the release of certain tax valuation allowances, after-tax charges of $19.4 million from restructuring and related actions, and after-tax charges of $8.9 million related to merger and divestiture activities, income from continuing operations as adjusted for Q2 2016 was $70.2 million, or $0.64 per share. Visit us today and access our complete research report on TEX at:
http://stock-callers.com/registration/?symbol=TEX
AGCO Corp.
Shares in Duluth, Georgia headquartered AGCO Corp. ended yesterday's session 0.46% higher at $48.38. The stock recorded a trading volume of 900,895 shares, which was above its three months average volume of 841,200 shares. The Company's shares have advanced 2.65% in the last one month and 7.16% on an YTD basis. The stock is trading 0.91% below its 200-day moving average. Moreover, shares of AGCO Corp., which manufactures and distributes agricultural equipment and related replacement parts worldwide, have an RSI of 46.85.
On July 25th, 2016, research firm Piper Jaffray downgraded the Company's stock rating from 'Neutral' to 'Underweight'.
On July 26th, 2016, AGCO Corp. announced that its Board of Directors declared a regular quarterly dividend of $0.13 per common share to be paid on September 15th, 2016 to all stockholders of record as of the close of business on August 15th, 2016. Get free access to your research report on AGCO at:
http://stock-callers.com/registration/?symbol=AGCO
--
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
