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Western Union Co

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  • LONDON, Jan 16- Sterling held near a seven-year high against a weakened euro on Friday as expectations grew that the European Central Bank would resort to further monetary easing next week. The SNB decision comes ahead of key event risks in the euro zone--the ECB decision and the snap Greek elections, "said Nawaz Ali, UK market analyst at Western Union.

  • Sterling stumbles as dollar tears higher Monday, 5 Jan 2015 | 11:21 AM ET

    LONDON, Jan 5- Sterling slipped against a rallying dollar on Monday, after yet another set of weaker-than-expected economic UK data boosted bets that the Bank of England will not raise interest rates any time this year. Numbers released on Monday showed Britain's construction sector grew last month at its slowest rate since July 2013, well below economists'...

  • LONDON, Jan 5- Sterling fell against the dollar, hovering near a 17- month low struck earlier on Monday, as subdued economic data bolstered bets that the Bank of England will not raise interest rates until 2016.. The pound was also hurt by growing political uncertainty after Prime Minister David Cameron said on Sunday that he would like to bring forward a planned...

  • SQUEEZED FX BROKERS FACE CHOICE: MERGE OR SPEND BIG ON TECH@* Boom in M&A for mostly London- based specialist brokers* Brokers made millions undercutting banks on corporate FX* But squeeze coming from spread of multi-dealer platforms. LONDON, Dec 12- Next year may prove a watershed for a generation of London forex entrepreneurs who have made millions undercutting...

  • LONDON, Nov 16- Working out of a shared office near London's Euston station, Michael Kent is part of a revolution that may be driven on by this year's row over alleged currency market manipulation by major banks. Kent's online business, Azimo, and more than 30 others in the United Kingdom are building on the success of firms like Western Union and MoneyGram...

  • Oct 31- MoneyGram International Inc, the world's second-largest money transfer company, cut prices for transfers within the United States as it loses business to Wal-Mart Stores Inc's new rival service. Wal-Mart was MoneyGram's largest agent in the United States until the world's largest retailer launched its own money transfer service in April.

  • Oct 30- Western Union Co, the world's largest money-transfer company, reported a better-than-expected quarterly profit as lower prices drew more customers, particularly to its digital money transfer business. Western Union has cut prices and invested heavily in its online and mobile businesses to better compete with fast-growing rivals such as MoneyGram...

  • Oct 30- Western Union Co, the world's largest money-transfer company, reported a better-than-expected quarterly profit as the company benefited from its digital money transfer services. Western Union has cut prices and invested heavily in its online and mobile businesses to better compete with fast-growing rivals such as MoneyGram International Inc,...

  • Western Union profit rises 9 pct Thursday, 30 Oct 2014 | 4:08 PM ET

    Oct 30- Western Union Co, the world's largest money-transfer company, reported a 9 percent rise in quarterly profit as more people transferred money using its services. The company's net income rose to $234.1 million, or 44 cents per share, in the quarter ended Sept. 30 from $214.4 million, or 39 cents per share, a year earlier. Total revenue rose 2 percent to $1.44...

  • Despite seeming value, Cramer says ‘sell’ Tuesday, 23 Sep 2014 | 6:38 PM ET

    Sometimes a stock looks like a value play when it’s actually a value trap.

  • LONDON, Aug 19- Sterling hit a four-month low against the dollar and a near two-month trough versus the euro on Tuesday after weaker-than-expected inflation data eased pressure on the Bank of England to raise interest rates. Consumer prices rose 1.6 percent on the year in July, the Office for National Statistics said.

  • LONDON, Aug 19- Sterling fell to a four-month low against the dollar and slipped towards a two-month trough versus the euro on Tuesday, after data showed British inflation fell more than expected and eased pressure on the Bank of England to raise interest rates. Consumer prices rose 1.6 percent on the year in July, the Office for National Statistics said.

  • After-hours buzz: Expedia, GoPro & more Thursday, 31 Jul 2014 | 5:00 PM ET
    A live market monitor is viewed on the floor of the New York Stock Exchange (NYSE).

    Companies making headlines after the bell Thursday:

  • Getting banks out of the forex business Tuesday, 17 Jun 2014 | 6:00 AM ET
    Taavet Hinrikus and Kristo Käärmann, founders of TransferWise

    When two friends living in Europe got fed up with money-transfer fees, they knew there had to be a better way, and PayPal's founder agreed.

  • Chasing the Latin American retail consumer Tuesday, 27 May 2014 | 10:35 AM ET
    Marcos Galperin, founder of e-commerce website MercadoLibre believes in taking risks.

    MercadoLibre is the eBay of Latin America. The founder talks about how he built the largest regional retailer despite market challenges.

  • Your first trade for Monday Friday, 2 May 2014 | 2:31 PM ET

    The "Fast Money" traders share their final trades of the day.

  • After-hours buzz: Expedia, Kraft, OpenTable & more Thursday, 1 May 2014 | 4:46 PM ET

    Check out which companies are making headlines after the bell Thursday: Expedia, Kraft, OpenTable

  • Q: Will the US dollar disappear? A: No. It won't Thursday, 24 Apr 2014 | 10:58 AM ET

    In 25 years the U.S. dollar will probably still be the world's reserve currency, and bitcoin may not be around at all.

  • Stocks wavered between gains and losses on Thursday amid a slew of quarterly earnings.

  • Midday movers: Weibo, Sabre, Goldman Sachs & More Thursday, 17 Apr 2014 | 12:30 PM ET
    Sign for Sabre IPO on Nasdaq board

    Some of Thursday's midday movers: