Hot Stocks: The Western Union Company (NYSE:WU), Citigroup Inc
The Western Union Company (NYSE:WU), declared financial results for the 2014 2ndquarter. The Company also affirmed its full year revenue outlook and narrowed its operating profit margin and EPS outlooks to the high end of the previous ranges. The Company continues to focus on executing strategies to strengthen its consumer money transfer business, with an emphasis on digital expansion; to drive growth in Business Solutions; and to generate and deploy strong cash flow for shareholders.
The Western Union Company (NYSE:WU) traded 12.13 million shares in the last business day while the average volume of the stock remained 5.99 million shares. The stock showed a positive movement of +0.59% to end at $17.00. The 52 week range of the stock remained $14.60 – $19.50.
Citigroup Inc (NYSE:C), has pledged to source $2.5 billion in incremental capital to improve access to electricity for millions of people across Africa as part of the “Power Africa” initiative. Power Africa is a multi-stakeholder partnership between the US Government, governments of several African countries and other public and private sector entities, working to accelerate investment in Africa’s power sector over the next several years.
Citigroup Inc (NYSE:C) reported 12.00 million shares were exchanged during the last trade, while the average volume is about 17.13 million shares. The stock escalated +0.81% and finished the day at $48.45. The beta of the stock is recorded at 1.90.
American Realty Capital Properties Inc (NASDAQ:ARCP), reported its operating results for the three months ended June 30, 2014. Increased revenues to $382.0 million, up 595.2% in comparison with to the same period a year previous. Increased AFFO to $205.3 million, up 429.0% compared to the same period a year former, and increased AFFO per share to $0.24, up 26% compared to the same period a year earlier.
American Realty Capital Properties Inc (NASDAQ:ARCP) opened the session at $12.91, trading in a range of $12.76 – $12.99, and closed at $12.98. The stock showed a positive performance of +0.66% in the last trading session. The stock traded on a volume of 10.88 million shares and the average volume of the stock remained 12.41 million shares.
MGIC Investment Corp. (NYSE:MTG), issued an Operational Summary of its insurance subsidiaries for the month of July 2014 for their primary mortgage insurance. The information concerning new notices and cures is compiled from reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, between other things, the date on which a servicer generates its report, the number of business days in a month, and by transfers of servicing between loan servicers.
MGIC Investment Corp. (NYSE:MTG) the stock advanced +1.15% and finished the session at $7.90. Traded with volume of 9.65 million shares in the prior session and the average volume of the stock remained 8.69 million shares.
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Hot Stocks: The Western Union Company (NYSE:WU), Citigroup Inc
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