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Stock Price Updates, Conference Participations, and Quarterly Financial Results - Research Report on Fossil, Pitney Bowes, Avery Dennison, VeriFone, and Thor Industries


News provided by

Analysts' Corner

Dec 05, 2013, 08:00 ET

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NEW YORK, December 5, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Fossil Group Inc. (NYSE: FOSL), Pitney Bowes Inc. (NYSE: PBI), Avery Dennison Corporation (NYSE: AVY), VeriFone Systems, Inc (NYSE: PAY), and Thor Industries Inc. (NYSE: THO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Fossil Group Inc. Research Report

On December 2, 2013, Fossil Group Inc.'s (Fossil) stock declined 1.67%, ending the day's session at $125.14. Over the previous three trading sessions, shares of Fossil declined 1.46%, compared to the Nasdaq Composite Index, which increased 0.68% during the same period. The Full Research Report on Fossil Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/fcdb_FOSL

Pitney Bowes Inc. Research Report

On December 2, 2013, Pitney Bowes Inc.'s (Pitney) stock increased 0.91%, ending the day's session at $23.38. Over the previous three trading sessions, shares of Pitney increased 0.21%, compared to the Dow Jones Industrial Average Index which declined 0.40% during the same period. The Full Research Report on Pitney Bowes Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/aa80_PBI

Avery Dennison Corporation Research Report  

On November 20, 2013, Avery Dennison Corporation (Avery Dennison) reported that its Senior Vice President and CFO, Mitchell R. Butier, and Head of Investor Relations, Eric M. Leeds, will participate at the Bank of America Merrill Lynch US Basic Materials Conference at 9:30 a.m. ET on December 11, 2013, in Boston. According to the Company, interested parties can access the presentation via a live webcast on Avery Dennison's Investor Relations website, wherein a replay of the same will also be available after the completion of the event. The Full Research Report on Avery Dennison Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/40fa_AVY

VeriFone Systems, Inc Research Report

On December 2, 2013, VeriFone Systems, Inc's (VeriFone) stock declined 1.60%, ending the day's session at $25.20. Over the previous three trading sessions, shares of VeriFone declined 1.45%, compared to the Dow Jones Industrial Average Index which declined 0.40% during the same period. The Full Research Report on VeriFone Systems, Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/dcb8_PAY

Thor Industries Inc. Research Report

On December 2, 2013, Thor Industries Inc. (Thor Industries) announced financial results for Q1 FY 2014 (period ended October 31, 2013). Sales from continuing operations for Q1 FY 2014 were $800 million, up 5.1% YoY. Gross profit margins stood at 13.1% in Q1 FY 2014, compared to that of 12.1% in Q1 FY 2013. Net income for Q1 FY 2014 was $41.1 million, reflecting a growth of 32.7% YoY. Diluted EPS for Q1 FY 2014 was $0.77, as compared to $0.58 in Q1 FY 2013. Bob Martin, Thor Industries' President and CEO, commented, "Thor made significant progress toward achieving our strategic goals over the past year and that is evidenced by our improved financial results. Despite these improvements, we faced a number of short-term challenges as we transitioned the first motorized production line to Wakarusa near the end of the first quarter, which created some start-up costs that may continue as we open a second line this quarter. We also closed two smaller production facilities on the west coast and are in the process of consolidating their production into our larger complex in Oregon. In addition to these events, we completed two acquisitions and built on our strategic foundation leaving us confident in our ability to meet the expectations of our dealers and customers while delivering improved results for our shareholders." The Full Research Report on Thor Industries Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/ae7a_THO

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is 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 by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.AnalystsCorner.com

SOURCE Analysts' Corner

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