The Western Union Company (NYSE:WU) [Trend Analysis] luring active investment momentum, shares an increase 0.03% to $20.18. Levi & Korsinsky, LLP Notifies Investors of The Western Union Company of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 27, 2017.
The complaint alleges that, among other allegations, Defendants made materially false and misleading statements and/or failed to disclose that: (1) the Company’s fraud prevention efforts did not comply with applicable laws; (2) Western Union knowingly failed to maintain an effective anti-money laundering program; (3) Western Union aided and abetted wire fraud; (4) for at least five years, Western Union knew of agents structuring transactions designed to avoid the reporting requirements of the Bank Secrecy Act; (5) Western Union was not compliant with its regulatory responsibilities; (6) between 2004 and 2012, Western Union violated U.S. laws by processing transactions for its agents and others involved in an international consumer fraud scheme; and (7) Western Union knew of but failed to take corrective action against its agents involved in or facilitating fraud-related transactions. The total volume of 1.22 Million shares held in the session was surprisingly higher than its average volume of 5365.54 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -68.40%, and looking further price to next year’s EPS is 4.41%. While take a short look on price to sales ratio, that was 1.80 and price to earnings ratio of 40.83 attracting passive investors.
Shares of Turquoise Hill Resources Ltd. (NYSE:TRQ) [Trend Analysis] runs in leading trade, it plunging -4.11% to traded at $3.27. The firm has price volatility of 3.93% for a week and 2.87% for a month. Its beta stands at 0.80 times. Turquoise Hill Resources (TRQ) reported the retirement of the Company’s Chief Financial Officer SteeveThibeault effective May 23, 2017. Turquoise Hill is in the process of initiating a search for Mr. Thibeault’s successor.
An announcement will be made in due course.Jeff Tygesen, Turquoise Hill Chief Executive Officer, said, “I want to thank Steeve for his contributions to Turquoise Hill, particularly his financial and tax leadership. We wish him all the best in the future.”Mr. Thibeault was appointed Chief Financial Officer in June 2014 and also serves as a director of OyuTolgoi LLC. Narrow down four to firm performance, its weekly performance was -3.94% and monthly performance was -6.58%. The stock price of TRQ is moving down from its 20 days moving average with -8.24% and isolated negatively from 50 days moving average with -5.11%.