The Western Union Company (WU) continued its downward trend with the stock declining -3.3% or $-0.72 to close the day at $21.13 on light trading volume of 15.15M shares, compared to its three month average trading volume of 4.05M. The Englewood Colorado 80112 based company has been outperforming the credit services group over the past 52 weeks, with the stock gaining 32.24%, compared to the industry which has advanced 25.6% over the same period. With RSI of 38.76, the stock should still continue to rise and get closer to its one year target estimate of $19.65, making it a hold for now.
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 money transfer services. This segment provides various options for sending funds, including walk-in and online money transfer, as well as account based money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. The Consumer-to-Business segment offers options to make one-time or recurring payments from consumers to businesses and other organizations, including utilities, auto finance companies, mortgage servicers, financial service providers, government agencies, and other businesses. It also provides various products, which provide consumers choices as to the payment channel and method of payment, including Speedpay, Pago Fácil, and Western Union Payments. This segment offers its services primarily through the phone and Online, as well as through its agent networks and selected company-owned locations. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises and other organizations, as well as for individuals. This segment provides its services through the phone, partner channels, and the Internet. As of December 31, 2015, the company had a network of approximately 500,000 agent locations in approximately 200 countries and territories. The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.
HP Inc. (HPQ) grew with the stock adding 1.92% or $0.28 to close at $14.86 on active trading volume of 15.08M compared its three months average trading volume of 12.03M. The Palo Alto California 94304 based company operating under the Diversified Computer Systems industry has been trending up for the last 52 weeks, with the shares price now 61.58% up for the period and up by 0.13% so far this year. With price target of $16.1 and a 73.19% rebound from 52-week low, HP Inc. has plenty of upside potential, making it a hold with a view buy.
HP Inc. provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses, as well as to the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, solutions, and services, as well as scanning devices; and laserjet and enterprise, inkjet and printing, graphics, and 3D printing solutions. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.
Morgan Stanley (MS) failed to extend gains with the stock declining -0.96% or $-0.41 to close the day at $42.45 on higher than average trading volume of 15.04M shares, compared to its three month average trading volume of 12.29M. The New York New York 10036 based company has been outperforming the investment brokerage – national companies by 31.8592% for last three months and its recent gains have pushed the stock slightly up 0.47% YTD, versus the investment brokerage – national industry which is up 0.9% for the same period. The RSI of 48.53 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The companys Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides sales and trading services, such as sales, financing, and market-making services in equity securities and fixed income products, including foreign exchange and commodities, as well as prime brokerage services; and corporate lending services, credit products, and investments and research services. Its Wealth Management segment offers various financial services and solutions covering brokerage and investment advisory services, market-making services in fixed income securities, financial and wealth planning services, annuity and insurance products, credit and other lending products, and banking and retirement plan services to individual investors, small-to-medium sized businesses, and institutions. The companys Investment Management segment provides various investment strategies and products comprising asset management, including equity, fixed income, liquidity, alternatives, and managed futures products. This segment is also involved in merchant banking and real estate investing businesses. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.