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Western Union Co

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  • 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....

  • 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 beats Street 1Q forecasts Thursday, 30 Apr 2015 | 4:24 PM ET

    ENGLEWOOD, Colo. _ Western Union Co. on Thursday reported first-quarter net income of $203.9 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Western Union shares have climbed 13 percent since the beginning of the year, while the Standard& Poor's 500 index has risen slightly more than 1...

  • 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...

  • 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...

  • Early movers: PEP, TWX, TSLA, AOL, TRI & more Wednesday, 11 Feb 2015 | 8:23 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Feb 10- Western Union Co said it would cut prices for money transfers within the United States to help fend off fierce competition and would buy back up to $1.2 billion of shares. Western Union is cutting prices in parts of the United States where it is experiencing the maximum competitive pressures, company executives said on a conference call.

  • After-hours buzz: Apple, Pier 1, Akamai & more Tuesday, 10 Feb 2015 | 5:20 PM ET

    Check out which companies are making headlines after the bell Tuesday: Apple, Pier 1, Western Union & more.

  • Feb 10- Western Union, the world's largest money-transfer company, reported a better-than-expected quarterly profit, helped by cost cuts and a lower tax bill, and it said it would buy back up to $1.2 billion of shares. Western Union, which gets most of its business from migrant workers sending money home, also forecast 2015 profit above analysts' estimates.

  • Western Union's profit rises 28 pct Tuesday, 10 Feb 2015 | 4:15 PM ET

    Feb 10- Western Union Co, the world's largest money-transfer company, reported a 28 percent rise in quarterly profit, helped by cost cuts and a lower tax bill. The company also raised its quarterly dividend and announced a $1.2 billion share buyback plan. Western Union's net income rose to $221.5 million, or 42 cents per share, in the fourth quarter ended Dec. 31 from...

  • Wall Street eyes earnings, Greece debt Tuesday, 10 Feb 2015 | 9:19 AM ET
    Greek Finance Minister Yanis Varoufakis, right, and German Finance Minister Wolfgang Schaeuble address a news conference following talks at the finance ministry in Berlin, Feb. 5, 2015.

    U.S. stock index futures signaled a higher open on Tuesday, as negotiations over Greece's bailout program continue to keep investors cautious.

  • Wall Street watches Coca-Cola, Greece debt woes Tuesday, 10 Feb 2015 | 5:57 AM ET

    U.S. stock index futures signaled a higher open on Tuesday, as negotiations over Greece's bailout program continue to keep investors cautious.

  • 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...

  • Small- and mid-cap stocks to watch in 2015: Pros Wednesday, 31 Dec 2014 | 5:44 PM ET
    Traders on the floor of the New York Stock Exchange.

    While many big-name stocks are poised to surge next year, some smaller companies will sneak higher in 2015, stock pickers said.

  • 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...

  • 9 reasons you may never use cash again Wednesday, 5 Nov 2014 | 7:29 AM ET
    Visa payWave

    Some cash alternatives have been around for more than 50 years; others are just popping up. A look at 10 that will shift the paradigm.

  • After-hours buzz: Citigroup, GoPro, Starbucks & more Thursday, 30 Oct 2014 | 5:00 PM ET
    NYSE New York Stock Exchange traders markets

    Check out which companies are making headlines after the bell Thursday: Citigroup, GoPro, Starbucks & more.