On Friday, Shares of The Western Union Company (NYSE:WU), gained 6.41% to $20.24.
The Western Union Company celebrated its 20th anniversary in Africa. With over 34,000 locations and connections to millions of bank accounts and mobile wallets in more than 50 countries and territories, across Africa, the Western Union network serves millions of senders and receivers with a choice of 120 currencies.
To celebrate this special milestone, Western Union’s President for Africa, Middle East, Asia Pacific, Eastern Europe and CIS, Jean Claude Farah, in addition to Aida Diarra, Western Union’s Regional Vice President and Head of Africa and other members of the Africa leadership team visited the first agent location at ADB (Agricultural Development Bank) that offered Western Union money transfer services for the first time in Africa in 1995. The WU leadership team also visited Ecobank head office in Accra and marked the occasion with the launch of the Account Based Money Transfer services through ATM in Ghana.
The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions.
Shares of Juniper Networks, Inc. (NYSE:JNPR), inclined 1.65% to $28.42, during its last trading session.
Juniper Networks stated preliminary financial results for the three months ended June 30, 2015 and offered its outlook for the three months ending Sept. 30, 2015.
Net revenues for the second quarter of 2015 were $1,222 million, a decrease of 1% year-over-year and an enhance of 15% sequentially.
Juniper’s operating margin for the second quarter of 2015 raised to 19.9% on a GAAP basis, a year-over-year enhance of 10.5 points and an enhance of 7.6 points sequentially. Non-GAAP operating margin for the second quarter of 2015 raised to 25.2%, an improvement of 2.9 points year-over-year and 6.7 points sequentially.
Juniper posted GAAP net income of $158.0 million, or $0.40 per diluted share for the second quarter of 2015, a decrease of 29% year-over-year and an enhance of 97% sequentially. Non-GAAP net income was $208.8 million, or $0.53 per diluted share for the second quarter of 2015, an enhance of 33% year-over-year and an enhance of 66% sequentially.
Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.
Finally, NXP Semiconductors NV (NASDAQ:NXPI), ended its last trade with -0.90% loss, and closed at $96.99.
NXP Semiconductors stated financial results for the second quarter ended July 5, 2015, in addition to offered guidance for the third quarter of 2015.
Additional Information for the Second Quarter of 2015:
- On May 28, 2015, NXP reached a contract to sell its RF Power business to Jianguang Asset Administration Co. Ltd (“JAC Capital”) for $1.8 billion. The transaction is subject to review and approval by various regulatory entities. In view of the predictable closing date in the second half of 2015, the RF Power business is classified as an asset held for sale.
- On June 9, 2015, NXP issued Senior Secured Notes in the aggregate principle amounts of $600 million, due June 15, 2020 with a coupon of 4.125 percent, and $400 million due June 15, 2022 with a coupon of 4.625 percent.
- On July 2, 2015, NXP’s General Meeting of Shareholders approved the formerly declared merger proposal between NXP and Freescale Semiconductor. The NXP General Meeting of Shareholders also designated Gregory L. Summe and Peter Smitham as non-executive directors of NXP, effective as of the closing of the merger
- NXP repurchased about 1.7 million shares in the second quarter of 2015 for a total cost of about $162 million.
NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power administration, interface, security, and digital processing products worldwide.
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