Worth Watching Stocks News Buzz;Smith & Wesson Holding Corp (NASDAQ:SWHC), Ross Stores, Inc. (NASDAQ:ROST)

On Tuesday,Shares of Smith & Wesson Holding Corp (NASDAQ:SWHC), added 0.34% and closed at $23.66 in the last trading session. The last trading range of the stock ranges between $21.50 and $24.46. Smith & Wesson Holding Corporation (NASDAQ Global Select: SWHC), recently declared that it will hold a special meeting of stockholders on Tuesday, December 13, 2016 at 11:00 a.m. Eastern Time for the purposes of seeking approval to change its corporate name from Smith & Wesson Holding Corporation to American Outdoor Brands Corporation.  The projected holding corporation name change has been approved by the Company’s Board of Directors and reflects the Company’s expanding planned focus on the growing markets for shooting, hunting, and rugged outdoor enthusiasts. If approved by stockholders, American Outdoor Brands Corporation will serve as the holding corporation for Smith & Wesson Corp., Battenfeld Technologies, Inc., and Crimson Trace Corporation, which represent the company’s firearms, manufacturing services, accessories, and electro-optics divisions.

Ross Stores, Inc. (NASDAQ:ROST), DROPPED -0.80% and closed at $63.09 in the last trading session. The last trading range of the stock ranges between $61.98 and $64.47. The company’s Market capitalization is $25.00 Billion with the total Outstanding Shares of 396.58 Million. Ross Stores, Inc., together with its auxiliaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. It mainly offers apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at savings of 20% to 60% off department and specialty store regular prices mainly to middle income households; and dd’s DISCOUNTS stores sell its products at savings of 20% to 70% off moderate department and discount store regular prices to customers from households with moderate income. As of October 10, 2016, it operated 1,342 Ross Dress for Less stores in 36 states, the District of Columbia, and Guam; and 193 dd’s DISCOUNTS stores in 15 states.

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