Shares of The Western Union Company (NYSE:WU) ended Monday session in green amid volatile trading. The shares closed up +0.22 points or 1.06% at $20.97 with 3.93 million shares getting traded. Post opening the session at $20.54, the shares hit an intraday low of $20.50 and an intraday high of $21.02 and the price vacillated in this range throughout the day. The company has a market cap of $9.96 billion and the numbers of outstanding shares have been calculated to be 487.73 million shares.
The Western Union Company (WU) announced that it will present at the Deutsche Bank Technology Conference on September 14, 2016 in Las Vegas. The presentation will begin at 10:20 a.m. Pacific Time and will include comments from Raj Agrawal, Executive Vice President and CFO.
Investors and interested parties will be able to listen to the investor presentation via webcast at http://ir.westernunion.com. The archived webcast will be available approximately one hour after the conclusion of the presentation.
Shares of Umpqua Holdings Corp (NASDAQ:UMPQ) ended Monday session in red amid volatile trading. The shares closed down -0.01 points or -0.06% at $15.63 with 2.95 million shares getting traded. Post opening the session at $15.41, the shares hit an intraday low of $15.36 and an intraday high of $15.68 and the price vacillated in this range throughout the day. The company has a market cap of $3.35 billion and the numbers of outstanding shares have been calculated to be 220.20 million shares.
Umpqua Holdings Corp (UMPQ) on July 21, 2016 reported net earnings available to common shareholders of $54.3 million for the second quarter of 2016, compared to $47.5 million for the first quarter of 2016 and $54.7 million for the second quarter of 2015. Earnings per diluted common share were $0.25 for the second quarter of 2016, compared to $0.22 for the first quarter of 2016 and $0.25 for the second quarter of 2015.
“Despite the continuing low interest rate environment, Umpqua’s financial performance for the second quarter was solid; highlighted by strong performance in the mortgage banking business and double-digit growth in loans and leases, combined with further reductions in the core expense base from ongoing efficiency initiatives,” said Ray Davis, president and CEO of Umpqua Holdings Corporation. “We recognize that ongoing margin pressure increases our need to become as efficient as possible, while not eroding the quality of the customer service experience the company provides. As we move into the second half of the year, our loan pipeline remains at record levels and further efficiency initiatives are in process. We will also continue to look for, and take advantage of, growth opportunities such as our FinPac and Pivotus subsidiaries.”