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Research Reports on Specialty Retail Equities -- Alibaba, eBay, Office Depot, and StaplesNEW YORK, November 29, 2016 /PRNewswire/ -- Today's focus is redirected to the Specialty Retail space which is expected to outperform the broader industry this year, with e-commerce to remain as its fastest-growing segment. According to Moody's, global Specialty Retailers could face headwinds from the continued appreciation of the dollar against the British pound and the euro, impacting owners of flagship stores in tourism centers. Pre-market, Stock-Callers.com has lined up four equities for review: Alibaba Group Holding Ltd (NYSE: BABA), eBay Inc. (NASDAQ: EBAY), Office Depot Inc. (NASDAQ: ODP), and Staples Inc. (NASDAQ: SPLS). Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration Alibaba Group Hangzhou, the People's Republic of China-based Alibaba Group Holding Ltd's shares gained 0.81%, closing Monday's trading session at $93.76. The stock recorded a trading volume of 14.29 million shares. Shares of the Company have advanced 15.37% on an YTD basis. The stock is trading 8.96% above its 200-day moving average. Additionally, shares of Alibaba Group Holding, which through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally, have a Relative Strength Index (RSI) of 38.19. On November 03rd, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $110 a share to $120 a share. On November 21st, 2016, Alibaba Cloud, the cloud computing arm of Alibaba Group, announced the opening of four new data centers by the end of 2016 in the Middle East (Dubai), Europe, Australia and Japan. As a major milestone of Alibaba Cloud's global expansion, the new centers will boost its data center network to 14 locations, covering key economic centers around the world. Free research report on BABA is available at: http://stock-callers.com/registration/?symbol=BABA
On Monday, shares in San Jose, California headquartered eBay Inc. recorded a trading volume of 7.11 million shares. The stock declined 1.31%, ending the day at $28.57. The Company's shares have advanced 3.97% since the start of this year. The stock is trading above its 200-day moving average by 5.35%. Furthermore, shares of eBay, which operates e-commerce platforms that connect various buyers and sellers worldwide, have an RSI of 43.00. On November 10th, 2016, eBay and BigCommerce announced the availability of a new integration that enables merchants to seamlessly list and sell products on the eBay marketplace, while also having the ability to manage inventory and orders natively through BigCommerce. The complimentary research report on EBAY can be downloaded at:
Boca Raton, Florida headquartered Office Depot Inc.'s stock finished the day 0.62% lower at $4.84, with a total trading volume of 7.47 illion shares. The Company's shares have surged 55.97% in the last one month and 31.88% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 31.76% and 12.51%, respectively. Additionally, shares of Office Depot, which together with its subsidiaries, supplies office products and services, have an RSI of 79.11. As per notes filed on November 25th, 2016 with the SEC, Office Depot entered into a definitive sale and purchase agreement on November 22nd, 2016, by and among Office Depot Foreign Holdings LP, LLC, Office Depot Foreign Holdings GP, LLC, Aurelius Rho Invest NL DS B.V., and Aurelius Rho Invest NL Two B.V., each subsidiaries of The AURELIUS Group, to sell the Office Depot's European business operations. The annual revenue for the company's European Business is approximately 2 billion. The purchasers will acquire the Office Depot European Business with its assets and liabilities. Visit us today and access our complete research report on ODP at: http://stock-callers.com/registration/?symbol=ODP
Shares in Framingham, Massachusetts-based Staples Inc. ended yesterday's session 1.52% lower at $9.70. The stock recorded a trading volume of 9.32 million shares, which was above its three months average volume of 7.66 million shares. The Company's shares have advanced 33.24% in the last one month, 13.36% over the previous three months, and 6.65% since the start of this year. The stock is trading 18.34% and 9.17% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Staples, which together with its subsidiaries, operates office products superstores, have an RSI of 74.32. On November 17th, 2016, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $8 a share to $9 a share. As per notes filed with the SEC, on November 22nd, 2016, Staples entered into a Credit Agreement with Bank of America, N.A, as Administrative Agent and the other lending institutions named therein. The New Credit Agreement replaces the Credit Agreement dated as of May 31st, 2013, which provided for a maximum borrowing of $1.0 billion and was due to expire in May 2018. Get free access to your research report on SPLS at: http://stock-callers.com/registration/?symbol=SPLS -- Stock Callers: 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 [email protected]. 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. NO WARRANTY 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 http://stock-callers.com/legal-disclaimer/
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