NEW YORK, December 14, 2016 /PRNewswire/ --
Companies in the Industrial Goods sector are engaged in the production of goods used in construction and manufacturing. Performance in this sector is largely driven by supply and demand for building construction as well as demand for manufactured products. Ahead of today's trading session, Stock-Callers.com has lined up the following equities for review: Stanley Black & Decker Inc. (NYSE: SWK), Kennametal Inc. (NYSE: KMT), The Timken Co. (NYSE: TKR), and Boise Cascade Co. (NYSE: BCC). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
Stanley Black & Decker
Connecticut headquartered Stanley Black & Decker Inc.'s stock finished Tuesday's session 0.86% lower at $119.10. A total volume of 1.15 million shares was traded, which was above their three months average volume of 1.12 million shares. The Company's shares have advanced 13.86% since the start of this year. The stock is trading above its 200-day moving average by 4.27%. Moreover, shares of Stanley Black & Decker, which engages in tools and storage, security, and industrial product businesses in the US, have a Relative Strength Index (RSI) of 46.23.
On December 02nd 2016, the Company announced that George W. Buckley, Lead Independent Director, has been named Chairman of the Board, effective January 01st , 2017. Dr. Buckley succeeds John F. Lundgren, who retired as CEO in July 2016 after more than 12 years with the Company and retained the Chairman role until year-end.
Yesterday, research firm CLSA downgraded the Company's stock rating from 'Buy' to 'Outperform'. Visit us today and access our complete research report on SWK at:
http://stock-callers.com/registration/?symbol=SWK
Kennametal
Shares in Pittsburgh, Pennsylvania-based Kennametal Inc. declined 0.93%, ending yesterday's session at $32.88. A total volume of 1.44 million shares, which was higher than their three months average volume of 1.13 million shares. The stock has gained 21.75% in the previous three months and 77.21% on an YTD basis. The Company's shares are trading 5.88% above their 50-day moving average and 26.76% above their 200-day moving average. Moreover, shares of Kennametal, which provides wear-resistant products, application engineering, and services of material science to the industrial production, transportation, earthworks, energy, construction, process industries, and aerospace sectors worldwide, have an RSI of 48.91.
On December 09th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Neutral' to 'Underweight'.
On December 13th, 2016, Kennametal announced today that its board of directors has elected Michelle R. Keating as Vice President, Secretary, and General Counsel effective immediately. In this role, Ms. Keating will be responsible for global legal operations, ethics, and compliance and serve as the secretary to the Company's board of directors. Prior to joining Kennametal, Ms. Keating served as contract manager at WESCO Distribution. The complimentary report on KMT can be downloaded at:
http://stock-callers.com/registration/?symbol=KMT
Timken
On Tuesday, North Canton, Ohio headquartered The Timken Co.'s stock rose 0.75%, to close the day at $40.15. A total volume of 830,345 shares was traded, which was above their three months average volume of 632,680 shares. The Company's shares have advanced 5.27% in the last one month, 26.83% in the previous three months, and 44.82% on an YTD basis. The stock is trading 10.85% and 20.01% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Timken, which engineers, manufactures, and markets bearings, transmissions, gearboxes, and chain and related products worldwide, have an RSI of 64.78.
On December 01st, 2016, Timken announced the release of new catalogs for housed units, seals and tapered roller bearings. The catalogs feature expanded offerings, more technical information and the latest on the Company's growing product offering.
On December 08th, 2016, research firm Stifel downgraded the Company's stock rating from 'Buy' to 'Hold'. The research firm revised upwards its previous target price from $37 to $42. Register for free on Stock-Callers.com and access the latest research report on TKR at:
http://stock-callers.com/registration/?symbol=TKR
Boise Cascade
Shares in Boise, Idaho headquartered Boise Cascade Co. ended the day 2.23% lower at $24.15, with a total trading volume of 267,931 shares. The stock has gained 20.75% in the last one month. The Company's shares are trading above their 50-day and 200-day moving averages by 9.61% and 6.28%, respectively. Furthermore, shares of Boise Cascade, which manufactures wood products and distributes building materials in the US and Canada, have an RSI of 61.11.
As per a SEC filing dated December 08th, 2016, Boise Cascade and its principal operating subsidiaries, as borrowers, and Boise Cascade Wood Products Holdings Corp., Chester Wood Products LLC, and Moncure Plywood LLC, as guarantors on December 08th, 2016 entered into the First Amendment to the Term Loan Agreement with American AgCredit, PCA. The Term Loan Amendment allows the Company to prepay its $75 million term loan and subsequently reborrow amounts prepaid on or before December 31st, 2018. Get free access to your research report on BCC at:
http://stock-callers.com/registration/?symbol=BCC
--
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
