On Wednesday, Shares of Netflix, Inc. (NASDAQ:NFLX), gained 4.45% to $99.18.
Netflix soared on its plans to expand in Asia. The online video-streaming company is set to launch in Hong Kong, Singapore, South Korea and Taiwan early next year. Netflix is already in Japan after entering earlier this month.
Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.
Shares of Xerox Corporation (NYSE:XRX), declined -1.82% to $10.23, during its last trading session.
Xerox Corporation and inVentiv Health declared Xerox’s acquisition of inVentiv Patient Access Solutions (iPAS), an inVentiv Health company. The acquisition will expand Xerox’s pharmacy solutions portfolio with an offering to assist pharmaceutical companies drive product adoption and support patients in minimizing or eliminating financial and reimbursement hurdles.
iPAS serves as a patient access and reimbursement services hub for more than 17 major pharmaceutical companies. iPAS assists its clients expand sales by identifying uninsured and underinsured patients, and working with them to eliminate financial obstacles to obtaining medications prescribed by physicians. iPAS’ patient advocates investigate and verify benefits on behalf of a patient, and in cases with limited options, arrange for alternative means for the patient to receive the medication.
“The U.S. spends over $2.9 trillion annually on healthcare – or 17.5 percent of our gross domestic product,” said Steve Roden, industry leader, Pharmaceuticals and Life Sciences, at Xerox. “The entire healthcare ecosystem – from pharmaceutical companies to providers and payers – has a responsibility to make healthcare more affordable. With this acquisition, Xerox will expand affordable access to medications, which has the potential to significantly improve health outcomes in the U.S.”
Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services.
Finally, The Western Union Company (NYSE:WU), ended its last trade with -2.04% loss, and closed at $18.23.
The Western Union Company and the Western Union Foundation pledged a minimum of one million dollars USD for swift and effective support for families and communities most affected by the refugee crisis in Europe. The company is mobilizing a multi-faceted response leveraging its global network of employees and Go-to-Market business leads, Western Union Retail Agents and customers, Western Union Business Solutions clients in addition to company vendors.
The Western Union Foundation will support a range of disaster response organizations, counting Global NGO Partners and local response organizations. Grants totaling USD$200,000 have already been committed to be distributed among Save the Children, the Red Cross National Societies in Europe, Mercy Corps and Caritas.
As a part of the pledge, the Western Union Company will contribute ten US cents per transaction for all consumer-to-consumer transactions originated within the European Union, up to a maximum of USD$400,000. This initiative will commence on 14 September and funds will be committed for immediate local field actions, supplemented with Western Union employee grassroots activities at major refugee service centers across Europe.
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.
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