NEW YORK, May 4, 2017 /PRNewswire/ --
On Wednesday, May 03, 2017, the NASDAQ Composite ended the trading session at 6,072.55, down 0.37%; the Dow Jones Industrial Average edged 0.04% higher, to finish at 20,957.90; and the S&P 500 closed at 2,388.13, slightly dropping 0.13%. Losses were broad based as eight out of nine sectors ended the day in negative. This Thursday, Stock-Callers.com has initiated reports coverage on the following Services equities: Gannett Company Inc. (NYSE: GCI), Thomson Reuters Corporation (NYSE: TRI), Time Inc. (NYSE: TIME), and The New York Times Company (NYSE: NYT). Learn more about these stocks by downloading their free research reports in PDF format at:
On Wednesday, shares in McLean, Virginia headquartered Gannett Co. Inc ended the session 6.88% higher at $8.85 with a total volume of 1.57 million shares traded. Gannett's shares have gained 7.14% in the past one month. Shares of the Company, which operates as a news and information company, are trading at a PE ratio of 55.66. The stock is trading 6.47% above its 50-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 59.78. Sign up and read the free research report on GCI at:
On Wednesday, shares in Toronto, Canada-based Thomson Reuters Corp. recorded a trading volume of 1.00 million shares. The stock ended the day 0.58% lower at $44.30. Shares of the Company, which provides news and information for professional markets worldwide, are trading at a PE ratio of 33.04. Thomson Reuters' stock has advanced 2.74% in the last one month and 0.19% in the previous three months. Furthermore, the stock has gained 12.81% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 2.49% and 4.78%, respectively. Furthermore, Thomson Reuters' shares have an RSI of 58.28.
On May 01st, 2017, research firm Canaccord Genuity downgraded the Company's stock rating from 'Buy' to 'Hold', with a target price of $47 per share. The complimentary research report on TRI can be downloaded at:
New York headquartered Time Inc.'s stock finished Wednesday's session 0.98% higher at $15.40 with a total volume of 1.45 million shares traded. Time's shares have advanced 4.83% in the past one year. The Company's shares are trading below its 50-day and 200-day moving averages by 17.17% and 6.46%, respectively. Shares of Time, which together with its subsidiaries, operates as a multi-platform media and content company in the US, the UK, and internationally, have an RSI of 22.69.
On April 28th, 2017, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Register for free on Stock-Callers.com and access the latest report on TIME at:
New York Times
New York headquartered The New York Times Co.'s stock surged 12.59%, to close the day at $16.10. The stock recorded a trading volume of 3.86 million shares, which was above its three months average volume of 840,220 shares. New York Times' shares have gained 13.38% in the last one month, 19.15% in the previous three months, and 30.93% in the past one year. The Company's shares are trading 10.77% and 21.78% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide, are trading at a PE ratio of 87.50. Additionally, the stock has an RSI of 73.04. Get free access to your research report on NYT at:
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