Dear PSL members,

Capital goods sector losers: (SCS, ELY, FSS, FBN, ZZ)

Steelcase Inc. (NYSE: SCS) surged by 0.44% and closed at $6.83 whereas overall traded volume stood at 1.02 million shares. Steelcase Inc. (Steelcase) is engaged in furnishing the work experience in office environments. It designs for a variety of customer needs through three core brands:  Steelcase, Turnstone and Coalesse.

Callaway Golf Company (NYSE: ELY) closed at $5.99 after moving down by 4.47% with total traded volume of 1 million shares in the last trading day. Callaway Golf Company (Callaway Golf), together with its subsidiaries, designs, manufactures and sells golf clubs (drivers, fairway woods, hybrids, irons, wedges and putters) and golf balls.

Federal Signal Corporation (NYSE: FSS) dropped by 5.68% to close at $5.81 whereas traded volume stood at 856,437 million shares for the day. Federal Signal Corporation designs and manufactures a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers.

Furniture Brands International, Inc. (NYSE: FBN) went down by 6.46% and closed at $4.78 with overall traded volume of 613,465 shares in the last trading session.

Furniture Brands International, Inc. designs, manufactures, sources and retails home furnishings.

Sealy Corporation (NYSE: ZZ) reported the fall of 3.35% to close at $2.60 whereas total traded volume stood at 468,905 shares. Sealy Corporation (Sealy) is engaged in the business of manufacturing and marketing of a line of bedding products, including mattresses and mattress foundations.

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