Breaking News Bar

Business News and Information

How These Services Stocks are Performing? -- Korn/Ferry Intl., Higher One Holdings, Convergys, and comScore

NEW YORK, July 28, 2016 /PRNewswire/ --

This morning's research on is focused on the Services arena, which encompasses a broad range of services - from technical to administrative, and from health care to commodities. Stocks under evaluation are Korn/Ferry International (NYSE: KFY), Higher One Holdings Inc. (NYSE: ONE), Convergys Corp. (NYSE: CVG), and comScore Inc. (NASDAQ: SCOR). Industry activities continue to drive growth, and investors can take advantage of the number of opportunities present. Learn more about these stocks by accessing their freenotes at:

Korn/Ferry Intl. 

Los Angeles, California-based Korn/Ferry International's stock finished Wednesday's trading session 2.83% lower at $23.33. A total volume of 891,195 shares was traded, which was above their three months average volume of 665,120 shares. The Company's shares have advanced 23.90% in the past month and are trading below their 50-day moving average by 5.75%. Additionally, shares of Korn/Ferry International, which together with its subsidiaries, provide talent management solutions worldwide, have a Relative Strength Index (RSI) of 50.53.

On July 07th, 2016, research firm Piper Jaffray reiterated its 'Neutral' rating with a decrease of the target price to $25 a share from $31 a share for the Company's stock.

As per notes filed with the SEC, on July 8th, 2016, Korn/Ferry International adopted a restructuring plan relating to previously disclosed and contemplated actions in respect of the continued integration of HG (Luxembourg) S.a.r.l ("HG Luxco"). The purpose of this plan is to further rationalize the Company's cost structure. The estimated cost of the actions contemplated by the plan is between $20 million to $26 million. The Company expects to recognize these charges during Q1 FY17 and expects the restructuring actions to be completed by July 31st, 2016. Visit us today and access our complete notes on KFY at:

Higher One Holdings 

On Wednesday, shares in New Haven, Connecticut headquartered Higher One Holdings Inc. ended the session 0.19% higher at $5.14. The stock recorded a trading volume of 495,490 shares. The Company's shares have surged 44.79% in the last one month, 35.26% in the previous three months, and 58.64% on an YTD basis. The stock is trading 22.15% above its 50-day moving average and 41.56% above its 200-day moving average. Moreover, shares of Higher One Holdings, which provides technology-based payment processing and refund disbursement services to higher education institutions and their students in the U.S., have an RSI of 77.02.

On June 30th, 2016, research firm SunTrust downgraded the Company's stock rating from 'Buy' to 'Neutral'.

On July 07th, 2016, Blackboard announced that its affiliate, Winchester Acquisition Corp., has commenced its previously announced tender offer for all outstanding shares of common stock of Higher One Holdings, at a price of $5.15 per share. The tender offer is being made in connection with the Agreement and Plan of Merger, dated June 29th, 2016 by and among Winchester Acquisition Holdings Corp., Winchester Acquisition Corp. and Higher One, which Blackboard and Higher One announced on June 30th, 2016. The complimentary notes on ONE can be accessed at:


Cincinnati, Ohio headquartered Convergys Corp.'s stock fell 0.30%, closing the session at $26.87 with a total volume of 355,947 shares traded. The Company's shares have gained 10.39% in the last one month, 0.01% over the previous three months, and 8.66% on an YTD basis. The stock is trading 0.95% and 4.58% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Convergys, which provides customer management services to communications and media, technology, financial services, retail, and healthcare industries in North America and internationally, have an RSI of 57.92.

On July 07th, 2016, Convergys announced a definitive agreement under which Convergys will acquire Germany-based buw for EUR 123 million in cash, subject to certain adjustments. Convergys expects the acquisition to expand its presence in the growing EUR 3 billion German outsourced customer management services industry. buw is a growing and profitable business which generates approximately EUR 150 million annual revenues. Convergys and buw expect to close the transaction during Q3 2016. Register for free on and access the latest notes on CVG at:


At the closing bell, Reston, Virginia headquartered comScore Inc.' stock recorded a trading volume of 332,855 shares and ended the day 0.07% higher at $26.98. Shares of the Company, which operates as a cross-platform measurement company that measures audiences, brands, and consumer behavior worldwide, are trading below their 50-day moving average by 7.10%. The stock has an RSI of 44.63.

On July 06th, 2016, comScore announced the expansion of its partnership with Raycom for comScore's local television viewing information across five new Raycom television markets. With this agreement, comScore now has 56 TV markets under contract with Raycom.

On July 13th, 2016, research firm Sidoti downgraded the Company's stock rating from 'Buy' to 'Neutral'. Get free access to your notes on SCOR at:


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. 


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 RohitTuli, 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. 


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

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
bottom clear