On Friday, The Western Union Company (NYSE:WU)’s shares declined -0.15% to $20.35.
Western Union (WU), a leader in global payment services, declared the extension of its more than 30-year relationship with The Kroger Co. (KR), the nation’s largest grocery retailer. This agreement gives customers the ability to send and receive Western Union Money Transfer® transactions across the United States or across the globe to more than 200 countries and territories, in minutes*. In addition, Customers can purchase money orders and pay their bills at more than 2,300 Kroger Family of Store locations across 34 states.
Date accessible will be displayed on receipt for international transfers over $15. Service and funds availability depends on certain factors counting the Service selected, the selection of delayed delivery options, special terms applicable to each Service, amount sent, destination country, currency availability, regulatory issues, consumer protection issues, identification requirements, delivery restrictions, agent location hours, and differences in time zones (collectively, “Restrictions”).
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. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations. This segment provides various options for sending and receiving funds, counting walk-in and telephone money transfer, online money transfer, and account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems.
Brocade Communications Systems, Inc. (NASDAQ:BRCD)’s shares gained 1.40% to $10.15.
Brocade® ( BRCD) plans to report its financial results for its third quarter 2015 on Thursday, August 20 following the close of the market. The earnings declarement in addition to the prepared materials for the conference call will be accessible shortly after 1 p.m. PT (4 p.m. ET) at www.brcd.com and will be furnished to the SEC on form 8-K. The earnings declarement will also be distributed by Marketwired.
Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol networking solutions for businesses and organizations worldwide. It operates through SAN Products, IP Networking Products, and Global Services segments. The SAN Products segment offers infrastructure products and solutions, such as fiber channel SAN backbones, directors, fabrics, and embedded switches that assist customers in the development and delivery of storage and server consolidation, disaster recovery and data security, and compliance issues regarding data administration; and fabric extension, switching, and routing solutions.
At the end of Friday’s trade, Pan American Silver Corp. (USA) (NASDAQ:PAAS)‘s shares surged 0.58% to $6.92.
Pan American Silver Corp. (PAAS) stated unaudited results for the three months and six months ended June 30, 2015. The following table displays the key operational and financial highlights.
Financial Results
During the second quarter of 2015, Pan American generated $174.2 million in revenue, 13% less than in the comparable quarter of 2014. Lower revenue was due primarily to a marked decline in metal prices (with the exception of zinc), negative settlement adjustments on concentrate sales, lower quantities of zinc, lead and gold sold, and higher treatment and refining charges. These factors were partially offset by higher quantities of silver and copper sold and higher zinc prices. During the first half of 2015, Pan American generated $352.3 million in revenue, contrast to $410.6 million generated in the first half of 2014.
Inclusive of negative settlement adjustments on concentrate sales of $4.5 million dollars, the Company realized average prices of $16.36 per silver ounce and $1,194 per gold ounce during the second quarter of 2015, which were 16% and 7% lower than prices realized in the same quarter of 2014, respectively. The average realized price per lead tonne declined slightly from $2,070 in the second quarter of 2014 to $2,023 in the reporting quarter, while copper registered the biggest decline from $6,790 per tonne in the second quarter of 2014 to $5,848 per tonne in the reporting quarter. Contrary to the negative trend, the average price per zinc tonne appreciated from $2,064 a year ago to $2,228 in the reporting quarter.
Pan American Silver Corp., together with its auxiliaries, operates and develops, and explores for silver producing properties and assets in Mexico, Peru, Argentina, and Bolivia. The company also produces and sells gold, zinc, lead, and copper. It holds interests in the Huaron, Morococha, Alamo Dorado, Dolores, La Colorada, Manantial Espejo, and San Vicente mines. The company was founded in 1979 and is headquartered in Vancouver, Canada.
Adobe Systems Incorporated (NASDAQ:ADBE), ended its Friday’s trading session with 2.15% gain, and closed at $86.12.
Adobe (ADBE) declared that it has received Federal Risk and Authorization Administration Program (FedRAMP℠) Authority to Operate, a rigorous cloud security assessment for vendors that sell to the federal government. FedRAMP represents the future of digital government by providing a standardized, secure process of selecting cloud service providers that can be used across government agencies. The authorization for Adobe is sponsored by the Department of Health and Human Services.
With this certification, Adobe is the first FedRAMP cloud service provider to deliver web content administration, electronic forms with eSignatures, web-conferencing, eLearning, and document rights administration, as verified by an independent third-party assessment organization. These services are delivered in a hybrid cloud architecture with Software as a Service (SaaS) capabilities from Adobe Experience Manager and Adobe Connect.
Adobe Systems Incorporated is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, in addition to their administration in marketing departments and agencies, companies, and publishers.
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