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Stock Market & Financial Investment News

News Breaks
February 13, 2013
05:03 EDTEEFTEuronet reports Q4 adjusted EPS 44c, consensus 46c
Reports Q4 revenue $351.2M, consensus $338.28M.
News For EEFT From The Last 14 Days
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April 17, 2014
10:40 EDTEEFTMoneyGram, Western Union retreat after Wal-Mart launches competing service
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10:30 EDTEEFTMoneyGram shares attractive with 13% of sales at risk, says Wells Fargo
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09:15 EDTEEFTMoneyGram, Western Union slide after new money-transfer service from Wal-Mart
Shares of MoneyGram (MGI) are down 12.5% in pre-market trading and Western Union (WU) is down over 5% after Walmart (WMT) and Ria, a subsidiary of Euronet Worldwide (EEFT), announced the launch of Walmart-2-Walmart Money Transfer Service. Walmart said the service allows customers to transfer money to and from more than 4,000 Walmart stores nationwide for "up to 50% less than similar offerings on the market." Euronet shares are up nearly 8% before the open of the broader market, while Wal-Mart shares are fractionally higher.
09:08 EDTEEFTWalmart introduces new money transfer service in partnership with Euronet
Walmart (WMT) and Ria, a subsidiary of Euronet Worldwide (EEFT), announced the launch of Walmart-2-Walmart Money Transfer Service. Available April 24, the new service allows customers to transfer money to and from more than 4,000 Walmart stores nationwide for "up to 50% less than similar offerings on the market," the company said. Walmart-2-Walmart offers a fee structure with just two pricing tiers: customers can transfer up to $50 for $4.50 and up to $900 for $9.50.
06:24 EDTEEFTWal-Mart, Euronet to announce new service today
Walmart (WMT) and Euronet (EEFT) last night announced that they will hold a conference call today to announce a new service. "Walmart and Euronet are committed to providing innovative solutions to help customers reduce costs and better manage their money," the press release stated. Shares of Euronet rallied 77c to $41.56 in after-hours trading following the news.
06:20 EDTEEFTWal-Mart and Euronet host conference call
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