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Los Angelas, CA -- (SBWIRE) -- 10/31/2012 -- The Western Union Company (NYSE:WU) is engaged in money movement and payment services. The Western Union Company (NYSE:WU) shares slumped 28% to $12.91 after the company reported third-quarter net income of $270 million or $0.45 per share, as compared with $240 million or $0.38 per share in the prior year. Adjusted earnings for the quarter were $276 million or $0.46 per share, compared with $249 million or $.40 per share a year ago. Quarterly revenues edged up 1% to $1.42 billion from $1.41 billion in the prior year period. Analysts expected earnings of $0.45 per on revenues of $1.47 billion for the quarter.
Can WU Recover After The Recent Fall? Find Out Here
Actuate Corporation (NASDAQ:BIRT) from a buy rating to a neutral rating in a research note released on Wednesday morning. Separately, analysts at FBN Securities initiated coverage on shares of Actuate in a research note to investors on Thursday, September 27th. They set an outperform rating on the stock. Actuate traded down 15.18% on Wednesday, hitting $5.42. Actuate has a 1-year low of $5.55 and a 1-year high of $7.30. The company has a market cap of $266.7 million and a price-to-earnings ratio of 23.75.
Can BIRT Bounce Back? Find Out Here
Hewlett-Packard Company (NYSE:HPQ) unveiled the new HP Officejet Pro and HP LaserJet printers and content management solutions, which are designed to redefine business and government printing by enabling customers to reduce costs, increase efficiency and digitize the office. As of the latest close price of Hewlett-Packard, US$14.09, was up 1% compared with the 52-week low and was 113% below the 52-week high. Academic studies have shown that company insiders have traditionally made higher investment returns than ordinary investors.
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NetApp Inc. (NASDAQ:NTAP) and AvePoint, the leader in governance and infrastructure management solutions for Microsoft SharePoint, today announced the integration of AvePoint's award-winning technology and user interface in the latest version of NetApp® SnapManager® for SharePoint 7.0. SnapManager for SharePoint 7.0 helps reduce storage costs, improve scalability, and streamline data management of SharePoint 2010 environments. With this unified platform and deep integration with AvePoint's DocAve product, customers have the most complete data management and storage optimization for SharePoint in the industry.
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