The Fed meets next week, but a commodities meltdown and earnings season are adding to concerns about global growth and may steal some of its thunder.» Read More
*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...
Some of the names on the move ahead of the open.
*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...
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....
Take a look at some of Thursday's after-hours buzz: LinkedIn, AIG & more
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.
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...
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.
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...
Rebounding from steep losses in the previous session on a cautious Fed statement on interest rates, the dollar rose broadly.
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.
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.
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...
U.S. stock index futures signaled a higher open on Tuesday, as negotiations over Greece's bailout program continue to keep investors cautious.