NEW YORK, March 16, 2017 /PRNewswire/ --
For today, Stock-Callers.com highlights the following equities in the Services sector: RH (NYSE: RH), Extended Stay America Inc. (NYSE: STAY), Wyndham Worldwide Corp. (NYSE: WYN), and Hyatt Hotels Corp. (NYSE: H). According to a report on Investing.com, Services sector activity in the US unexpectedly strengthened in February, registering an 85th consecutive month of growth. Additionally, the Institute of Supply Management said that its non-manufacturing purchasing managers' index rose to 57.6 in February from the prior month's reading of 56.5. Learn more about these stocks by downloading their free research reports in PDF format at:
On Wednesday, shares in Corte Madera, California headquartered RH recorded a trading volume of 2.31 million shares, which was higher than their three months average volume of 2.14 million shares. The stock ended the day at $35.09, jumping 4.56% from the last trading session. The Company's shares have advanced 35.53% in the past month, 15.39% in the previous three months, and 14.30% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 21.12% and 13.30%, respectively. Furthermore, shares of RH, which together with its subsidiaries, engages in the retail of home furnishings, have a Relative Strength Index (RSI) of 65.15.
On February 23rd, 2017, RH announced that its Board of Directors has authorized a $300 million common share repurchase program. RH may purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans or through the use of other techniques such as accelerated share repurchases. Sign up and read the free research report on RH at:
Extended Stay America
Charlotte, North Carolina headquartered Extended Stay America Inc.'s stock climbed 0.30%, finishing yesterday's session at $16.66 with a total trading volume of 1.54 million shares. The Company's shares have gained 0.21% over the previous three months and 4.37% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.03% and 11.81%, respectively. Additionally, shares of Extended Stay America, which owns and operates hotels in the US and Canada, have an RSI of 48.93.
On March 06th, 2017, Extended Stay America and ESH Hospitality, Inc. announced the pricing of the underwritten secondary offering of 25,000,000 Paired Shares, each Paired Share consisting of a share of common stock of Extended Stay America, Inc. and a share of Class B common stock of ESH Hospitality, Inc., which are attached and trade together as Paired Shares. The Paired Shares were offered by certain selling stockholders affiliated with Centerbridge Partners, L.P., Paulson & Co. Inc. and The Blackstone Group L.P., which is expected to result in gross proceeds of approximately $421 million. The Company will not sell any Paired Shares in the offering and will not receive any proceeds from the offering. The complimentary research report on STAY can be downloaded at:
Shares in Parsippany, New Jersey headquartered Wyndham Worldwide Corp. ended the session 1.06% higher at $83.22. The stock recorded a trading volume of 855,259 shares. The Company's shares have gained 1.80% in the last one month, 7.80% over the last three months, and 8.97% in the previous one year. The stock is trading 3.35% above its 50-day moving average and 14.61% above its 200-day moving average. Moreover, shares of Wyndham, which provides hospitality services and products to individual and business customers worldwide, have an RSI of 56.05.
On March 13th, 2017, Wyndham Worldwide announced that it has been recognized as a 2017 World's Most Ethical Company® by the Ethisphere Institute. This is the third consecutive year and fifth time overall that the Company has received the designation by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Register for free on Stock-Callers.com and access the latest report on WYN at:
At the closing bell on Wednesday, Chicago, Illinois headquartered Hyatt Hotels Corp.'s stock rose 1.38%, finishing at $52.21 with a total trading volume of 591,227 shares. The Company's shares are trading 0.10% above their 200-day moving average. Shares of the Company, which develops, owns, operates, manages, franchises, licenses, or provides services to full and select service hotels, resorts, and residential and other properties, have an RSI of 45.43.
On March 07th, 2017, research firm Morgan Stanley upgraded the Company's stock rating from 'Underweight' to 'Equal-Weight'.
On 13th March, 2017, Hyatt Hotels announced that a Hyatt affiliate has entered into a management agreement with Tokyo Bay Resort Development Co., Ltd, a subsidiary of Sogo Development Co., Ltd for a Hyatt Place hotel near Tokyo Disney Resort in Chiba, Japan. Upon its expected opening in 2019, Hyatt Place Tokyo Bay will be the country's first Hyatt Place hotel. Get free access to your research report on H at:
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 firstname.lastname@example.org . 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.
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
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:
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