How These Business Services Stocks are Faring? -- Ritchie Bros. Auctioneers, Advisory Board Co., Lionbridge Technologies, and TriNet

NEW YORK, January 24, 2017 /PRNewswire/ --

Today's focus is shifted on the Business Services industry which is expected to perform far better than the overall S&P 500 index in fourth-quarter 2016. As per a Zacks' report, the earnings growth expectation for the sector is 5.6% versus 4.2% for the S&P 500 index. The primary growth drivers in this highly fragmented industry hinge on a healthy economy with decent prospects for job growth, higher disposable income, and new business initiatives. Ahead of this morning's trading session, monitors four equities to see where they stand in the market: Ritchie Bros. Auctioneers Inc. (NYSE: RBA), The Advisory Board Co. (NASDAQ: ABCO), Lionbridge Technologies Inc. (NASDAQ: LIOX), and TriNet Group Inc. (NYSE: TNET). Register now and get full and free access to our downloadable research reports on these stocks at:

Ritchie Bros. Auctioneers

Burnaby, Canada headquartered Ritchie Bros. Auctioneers Inc.'s stock finished Monday's session 0.13% higher at $31.69 with a total trading volume of 513,915 shares. The Company's shares are trading 4.16% below their 200-day moving average. Shares of the Company, which together with its subsidiaries, sells industrial equipment and other assets for the construction, agricultural, transportation, energy, mining, forestry, material handling, marine, and real estate industries through its unreserved auctions and online marketplaces, have a Relative Strength Index (RSI) of 29.09.

On January 13th, 2017, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Neutral' to 'Underperform'.

On January 23rd, 2017, Ritchie Bros. Auctioneers announced that its Board of Directors has declared a quarterly cash dividend of US$0.17 per common share, payable on March 03rd, 2017 to shareholders of record on February 10th, 2017. Access our complete research report on RBA for free at:

Advisory Board  

On Monday, shares in Washington, District of Columbia headquartered The Advisory Board Co. recorded a trading volume of 838,140 shares, which was above their three months average volume of 591,460 shares. The stock ended the session 0.35% higher at $42.85. The Company's shares have advanced 31.85% in the last one month and 28.87% on an YTD basis. The stock is trading 22.59% above its 50-day moving average and 15.37% above its 200-day moving average. Moreover, shares of Advisory Board, which provides best practices research and insight, performance technology software, consulting and management, and data-and tech-enabled services in the US and internationally, have an RSI of 73.13.

On January 03rd, 2017, Advisory Board announced the details of a restructuring plan in its health care business that is designed to focus the Company's health care technology and consulting capabilities on three key problem areas. These areas are: Driving Health System Growth - acquiring, retaining, and engaging patients and identifying and providing care delivery needs for the communities health systems aspire to serve; Reducing Care Variation - improving care quality and reducing cost by eliminating unwarranted care variation; and Optimizing the Revenue Cycle - ensuring members' financial viability by improving the efficiency and effectiveness of revenue management.

On January 13th, 2017, research firm Piper Jaffray downgraded the Company's stock rating from 'Overweight' to 'Neutral'. The complimentary research report on ABCO can be downloaded at:

Lionbridge Technologies  

Shares in Waltham, Massachusetts headquartered Lionbridge Technologies Inc. closed the day flat at $5.74. The stock recorded a trading volume of 288,289 shares. The Company's shares have gained 24.51% in the previous three months. The stock is trading 5.34% and 18.96% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Lionbridge Technologies, which together with its subsidiaries, provides language, content, and testing solutions worldwide, have an RSI of 60.67. Register for free on and get access to the latest PDF format report on LIOX at:


At the close of yesterday's trading, shares in San Leandro, California headquartered TriNet Group Inc. finished 0.12% higher at $25.46. The stock recorded a trading volume of 323,538 shares. The Company's shares have advanced 0.83% in the last one month and 29.63% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.72% and 20.21%, respectively. Furthermore, shares of TriNet Group, which provides human resources solutions for small and medium-sized businesses in the US and Canada, have an RSI of 51.32.

On January 18th, 2017, TriNet Group announced the appointment of Catherine M. Wragg as its Senior Vice President of human resources (HR). Wragg brings years of executive HR experience to TriNet and is a key addition to the company and its leadership team. Wragg joins TriNet from the Giorgio Armani Corporation, where she most recently was Senior Vice President of business development. Download your free research report on TNET at:


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