The Western Union Co. (NYSE:WU): Current price $17.96
On Wednesday, the Western Union Foundation reported its second quarter grant commitment of $1.7 million, which is to be distributed to over 20 non-profit and non-governmental organizations worldwide. So far in 2013, the Foundation has announced grants totaling in excess of $2.9 million. The grants were created to help increase access to, and improve the quality of, education programs in several regions. The grant cycle gives further support to the Western Union Education for Better program, a three-year commitment to growing youthful minds via strategic grants, which concentrate on secondary education and vocational training.
Citigroup Inc. (NYSE:C): Current price $52.14
Hannah Goodwin, the chief of Citigroup Inc.’s Asia Pacific prime brokerage, is stepping down after over eight years at the bank, said two inside sources. Citigroup confirmed the report. Goodwin was recruited from Deutsche Bank in 2005, to build up Citigroup’s Asian prime broking operations. Citigroup is the region’s sixth-largest prime broker, said a survey by industry tracker AsiaHedge. Goodwin will retire at the end of October, according to the sources.
Herbalife Inc. (NYSE:HLF): Current price $65.50
Shares of nutritional supplement maker Herbalife are up almost 10 percent late Wednesday, on a media report that the billionaire investor George Soros has taken a hefty position in the firm’s stock. CNBC said that the hedge fund activist has taken a “long” position in the company, citing knowledgeable sources that the cable channel did not identify. A spokesperson for Soros Fund Management responded in a statement that the firm does not comment regarding its positions.