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Zacks #1 Stocks on the Move 06/18/2013
| Company Name | Symbol | %Change |
|---|---|---|
| STAAR SURGIC | STAA | 10.98% |
| LUMOS NETWOR | LMOS | 5.70% |
| INSTEEL IND | IIIN | 5.28% |
| ERICKSON AIR | EAC | 5.10% |
| ASSURED GUAR | AGO | 4.98% |
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We have reiterated our recommendation on Western Union Co. (WU - Analyst Report) at Neutral following the fourth-quarter 2012 earnings release. Western Union reported a solid fourth quarter, which included a 20.0% positive earnings surprise.
We remain confident on the company’s long-term growth prospects. However, over the near term, earnings will remain under pressure due to regulatory and macroeconomic headwinds.
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