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Western Union Co

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  • *IMF warns Greece needs debt extension. July 2- U.S. stocks closed down slightly on Thursday after the International Monetary Fund warned Greece ahead of its Sunday referendum that it faces a huge financial hole, and mixed jobs data dampened the U.S. economic outlook. While the IMF was warning that Greece needed an extra 50 billion euros over the next three years to...

  • *IMF warns Greece needs debt extension. July 2- U.S. stocks extended losses on Thursday after the International Monetary Fund warned Greece may need a large debt writeoff, and muted U.S. jobs data dampened the economic outlook. "The market seems to be paying more attention to what may happen with Greece as well as whether or not wage growth will pick up," said Omar...

  • *IMF warns Greece needs debt extension. July 2- U.S. stocks turned negative after the International Monetary Fund warned Greece may need a further large debt writeoff, and weak U.S. jobs data dampened the economic outlook. "The market seems to be paying more attention to what may happen with Greece as well as whether or not wage growth will pick up," said Omar Aguilar,...

  • July 2- U.S. stocks rose on Thursday after data showed job growth slowed in June, indicating that the U.S. If anything, it buys the Fed a little more time before the first rate hike, "said Wilmer Stith, a fixed income portfolio manager at Wilmington Trust in Baltimore. The Fed has kept short-term rates near zero since December 2008, resulting in reduced borrowing costs...

  • Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about future interest rates and a global bond rout. Atlanta Federal Reserve bank president Dennis Lockhart said he still expects it will be appropriate to raise interest rates some time in the middle of the year, and that market expectations of a September increase were in "...

  • Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about future interest rates and a global bond rout. Atlanta Federal Reserve bank president Dennis Lockhart said he still expects it will be appropriate to raise interest rates some time in the middle of the year, and that market expectations of a September increase were in "...

  • *Private employers add fewest jobs since Jan 2014. Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about a global bond rout and upcoming economic data. "Everyone is obsessed with the Fed," said Michael Church, president of Addison Capital Management in Philadelphia.

  • *Private employers add fewest jobs since Jan 2014. May 6- U.S. stocks were lower in early afternoon trading on Wednesday after a triple whammy of a pullback in energy stocks, weak jobs data and Janet Yellen's comment that equity valuations are "generally quite high." Wall Street had opened higher, but reversed course early in the session after the U.S.

  • *Private employers add fewest jobs since Jan 2014. May 6- U.S. stocks moved lower in morning trading on Wednesday after U.S. Federal Reserve Chair Janet Yellen said equity valuations are "generally quite high," and warned of potential dangers.

  • *Private employers add fewest jobs since Jan 2014. MoneyGram and Synageva soar on buyout offers. "This is certainly going to change expectations for Friday's numbers," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.

  • *MoneyGram and Synageva soar on buyout offers. May 6- Wall Street was set to open higher on Wednesday as investors focused on healthy corporate earnings reports and a revival in dealmaking, shrugging off a rout in the global bond market and weaker-than-expected U.S. private jobs data. "This is certainly going to change expectations for Friday's numbers," said Joe...

  • *MoneyGram soared 23.3 percent to $9.62 in premarket trading after Bloomberg reported that Western Union was considering buying its smaller rival. *Herbalife jumped 14.3 percent to $45.81 after the weight-loss and nutritional products maker raised its full-year profit forecast. *Synageva BioPharma soared 41 percent to $134.98 after Alexion offered to...

  • After-hours buzz: Herbalife, EA, Zulily & more Tuesday, 5 May 2015 | 5:32 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Tuesday: Herbalife, EA, Zulily & more.

  • April 30- Western Union Co said it expects pricing for its money transfer services to be at the company's "historical low single digit range" as it grapples with rising competition. Rival MoneyGram International Inc slashed prices last year after Wal-Mart Stores Inc launched its money transfer service. Western Union is facing competitive pressure in U.S....

  • Thursday's after-hours buzz: LinkedIn, AIG & more Thursday, 30 Apr 2015 | 5:35 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's after-hours buzz: LinkedIn, AIG & more

  • UPDATE 1-Western Union's revenue falls on lower fees Thursday, 30 Apr 2015 | 4:50 PM ET

    April 30- Money transfer company Western Union Co reported a fall in quarterly revenue, as the company earned lower fees in its biggest business of consumer remittance. Western Union, which gets about 80 percent of its business from low-income migrant workers sending money home, said revenue from consumer remittances fell 4 percent in the first quarter.

  • Western Union's revenue falls as it earns lower fees Thursday, 30 Apr 2015 | 4:10 PM ET

    April 30- Western Union Co reported a 2 percent fall in quarterly revenue as it earned lower fees from its money-transfer services. The company's net income rose slightly to $203.9 million, or 39 cents per share, in the first quarter ended March 31 from $203 million, or 37 cents per share, a year earlier. The world's largest money-transfer company's revenue fell to...

  • Traders work on the floor of the New York Stock Exchange (NYSE).

    U.S. stocks closed down more than 1 percent on the last day of trade for April as investors weighed mixed data and continued weakness in the dollar.

  • A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a lower open as markets digested mixed data and major moves in the dollar and Treasurys, after the Fed statement.

  • April 7- Business software maker Informatica Corp said it would be bought for about $5.3 billion by private equity firms Permira Funds and Canada Pension Plan Investment Board, in the biggest U.S. leveraged buyout so far this year. Informatica shareholders will get $48.75 per share in cash. The stock rose 4 percent on Monday after Reuters reported that...