|By PR Newswire||
|December 1, 2016 07:40 AM EST|
NEW YORK, December 1, 2016 /PRNewswire/ --
Stock-Callers.com today puts attention towards four equities in the Services sector, namely: Gannett Co. Inc. (NYSE: GCI), Time Inc. (NYSE: TIME), Thomson Reuters Corp. (NYSE: TRI), and The New York Times Co. (NYSE: NYT). According to Markit Economics', flash US services purchasing managers' index was 54.7 in November, down slightly from October's 54.8, but still the second-strongest reading in the past 12 months. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
On Wednesday, shares in McLean, Virginia-based Gannett Co. Inc. recorded a trading volume of 1.15 million shares. The stock ended the day at $9.54, which was a slight drop of 0.31% from the last trading session. The Company's shares have gained 22.78% in the last one month. The stock is trading below its 50-day moving average by 5.56%. Furthermore, shares of Gannett, which operates as a multi-platform news and information company, have a Relative Strength Index (RSI) of 49.39.
On November 02nd, 2016, research firm Noble Financial reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $19 a share to $16 a share.
On November 29th, 2016, ReachLocal, a subsidiary or Gannett, announced that it has been named Google's Quality Account Champion in the company's 2016 North America Sales Channel awards. This prestigious award recognizes the Google Channel Sales Partner with the highest average AdWords Quality Score during the judging period. This is achieved through high-quality campaign setup, ongoing optimization, and performance-based campaign management. Visit us today and access our complete research report on GCI at:
New York headquartered Time Inc.'s stock finished yesterday's session 0.61% lower at $16.20. A total volume of 3.17 million shares was traded, which was above their three months average volume of 1.02 million shares. The Company's shares have gained 24.62% in the last one month, 14.89% over the previous three months, and 3.38% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 17.86% and 9.18%, respectively. Furthermore, shares of Time, which together with its subsidiaries, operates as a media company that publishes magazines in the US, the UK, and internationally, have an RSI of 76.15.
On November 10th, 2016, Teads, the number one video advertising marketplace in the world, announced that it has entered into a cross-platform outstream partnership with Time Inc. The partnership entails empowering Time's sales team with Teads' ad-serving technology and enterprise sales tools. The multiyear deal further expands Time's premium video inventory and will boost its video advertising revenue across mobile and desktop. The complimentary report on TIME can be downloaded at:
At the closing bell on Wednesday, shares in New York headquartered Thomson Reuters Corp. declined 0.30%, ending the day at $43.21. The stock recorded a trading volume of 645,053 shares. The Company's shares have advanced 10.55% in the last one month, 5.00% in the previous three months, and 18.10% since the start of this year. The stock is trading 6.09% above its 50-day moving average and 7.66% above its 200-day moving average. Moreover, shares of Thomson Reuters, which provides news and information for professional markets worldwide, have an RSI of 75.37.
On November 03rd, 2016, research firm JP Morgan resumed its 'Neutral' rating on the Company's stock.
On November 17th, 2016, Thomson Reuters announced that investors can now find real-time insight into whether an entity, market, or industry is the subject of litigation at the exact time a lawsuit is filed - and assess the likely impact on its stock price - with the Court Wire app, a unique product offering available on Eikon, Thomson Reuters flagship financial markets desktop, for the investor community. Register for free on Stock-Callers.com and access the latest research report on TRI at:
The New York Times
The New York Times Co.'s stock ended the day 1.17% higher at $13.00 with a total trading volume of 549,483 shares. The Company's shares have gained 19.27% in the last month and 0.80% over the previous three months. The stock is trading 9.77% and 5.73% above its 50-day and 200-day moving averages, respectively. Additionally, shares of New York Times, which together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide, have an RSI of 74.13.
On November 21st, 2016, New York Times announced that Diane Brayton will succeed Kenneth Richieri as its general counsel, effective January 1st, 2017. Mr. Richieri, who has served as general counsel of the company since 2006, will retire on December 31st, 2016. Ms. Brayton joined NY Times in 2004 and most recently served as deputy general counsel since May 2016. Get free access to your research report on NYT at:
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