NYSE-listed technology solutions provider Pitney Bowes Inc. (NYSE:PBI) has announced that the Pitney Bowes Accelerator program will incubate software startups in India. The program is a part of IT industry body National Association of Software and Services Companies’ (NASSCOM’s) 10,000 Startups initiative and will kick off on May 1, 2014. Pitney Bowes Inc. (NYSE:PBI) shares after opening at $25.89 moved to $26.00 on last trade day and at the end of the day closed at $25.79. Company price to sales ratio in past twelve months was calculated as 1.35 and price to cash ratio as 5.57. Pitney Bowes Inc. (NYSE:PBI) showed a positive weekly performance of 0.51%.
VeriFone Systems, Inc. (NYSE:PAY) has announced that five devices in its award-winning PAYware Mobile line of EMV- enabled mobile point of sale (mPOS) devices have been approved by the Visa Ready Program. The program is designed to ensure that devices, software and solutions used to initiate or accept Visa payments are compatible with Visa’s requirements. VeriFone Systems Inc. (NYSE:PAY) shares advanced 0.62% in last trading session and ended the day on $32.26. PAY return on equity ratio is recorded as -26.90% and its return on assets is -10.30%. VeriFone Systems Inc. (NYSE:PAY) yearly performance is 57.37%.
The Shareholders Foundation announces that an investigation on behalf of current long-term stockholders of shares of Avery Dennison Corp (NYSE:AVY) was initiated concerning whether certain Avery Dennison officers and directors possibly breached their fiduciary duties in connection with certain statements. Avery Dennison Corp (NYSE:AVY) shares moved up 0.34% in last trading session and was closed at $50.66, while trading in range of $50.30 – $51.01. Avery Dennison Corp (NYSE:AVY) year to date (YTD) performance is 1.52%.
Investors have definitely seen some solid trading in Steelcase Inc. (NYSE:SCS) lately, leading to gains for some. However, SCS is now in overbought territory thanks to its latest move, as the firm has an RSI value of 70.4.Steelcase Inc. (NYSE:SCS) weekly performance is -3.62%. On last trading day company shares ended up $15.98. Steelcase Inc. (NYSE:SCS) distance from 50-day simple moving average (SMA50) is 7.76%. Analysts mean target price for the company is $19.00.