Gaining Green

Business Equipment Stocks: Steelcase (NYSE:SCS), Pitney Bowes (NYSE:PBI), VeriFone Systems (NYSE:PAY), Avery Dennison Corp (NYSE:AVY), Canon (ADR) (NYSE:CAJ)

Steelcase Inc. (NYSE:SCS) will webcast a discussion of its first quarter fiscal year 2015 financial results on Thursday, June 26, 2014 at 11:00 a.m. Steelcase Inc. (NYSE:SCS) net profit margin is 2.90% and weekly performance is 6.27%. On last trading day company shares ended up $17.47. Analysts mean target price for the company is $19.00. Steelcase Inc. (NYSE:SCS) distance from 50-day simple moving average (SMA50) is 6.34%.

Stamford-based Pitney Bowes Inc. (NYSE:PBI) on 17 June introduced a new tool the company says gives small and midsize businesses a way to better manage the life cycle of mail, from document design to delivery across physical and digital channels. Pitney Bowes Inc. (NYSE:PBI) shares fell -0.39% in last trading session and ended the day on $27.75. PBI gross Margin is 56.00% and its return on assets is 3.50%.Pitney Bowes Inc. (NYSE:PBI) quarterly performance is 9.42%.

Secure electronic payment Solutions Company, VeriFone Systems Inc. (NYSE:PAY), has unveiled Way2ride mobile app to be used by taxi passengers in Philadelphia for proximity payment. Way2ride is expected to make taxi experience faster and easier for passengers across Philadelphia in terms of making payments. VeriFone Systems Inc. (NYSE:PAY) shares moved down -0.38% in last trading session and was closed at $36.80, while trading in range of $36.43 – $37.08. VeriFone Systems Inc. (NYSE:PAY) year to date (YTD) performance is 37.21%.

Zacks restated their neutral rating on shares of Avery Dennison Corp (NYSE:AVY) in a report issued on Friday. They currently have a $52.00 target price on the stock. Avery Dennison Corp (NYSE:AVY) ended the last trading day at $50.99. Company weekly volatility is calculated as 1.38% and price to cash ratio as 23.67.Avery Dennison Corp (NYSE:AVY) showed a positive weekly performance of 3.05%.

Canon Inc. (ADR) (NYSE:CAJ) is set to exhibit its latest display products at the 2014 InfoComm event at the Las Vegas Convention Centre this month.  At the company booth, Canon experts have promised to provide hands-on product demonstration areas, which will allow visitors the opportunity to view many of the company’s digital imaging solutions in action. Canon Inc. (ADR) (NYSE:CAJ) net profit margin is 6.30% and weekly performance is 2.09%. On last trading day company shares ended up $33.70. Analysts mean target price for the company is $35.00. Canon Inc. (ADR) (NYSE:CAJ) distance from 50-day simple moving average (SMA50) is 4.90%.