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
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