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Stock Market & Financial Investment News

News Breaks
February 11, 2014
05:43 EDTMGI, VODMoneyGram, Vodafone announce global agreement
Vodafone (VOD) and MoneyGram (MGI) have teamed up to enable consumers to transfer funds directly from around 200 countries to the millions of users of M-Pesa. This service will be launched in key markets during Q2, with additional roll-out planned throughout the remainder of the year. The agreement will allow consumers who visit MoneyGram’s 334,000 agents across the globe to send funds directly to M-Pesa accounts. MoneyGram customers can also transfer money to an M-Pesa user through moneygram.com or via a mobile app, available on iPhone, Android and Windows 8 phones.
News For MGI;VOD From The Last 14 Days
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July 16, 2014
07:18 EDTVODVodafone head says unlikely interested in America Movil assets, Reuters says
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July 14, 2014
14:58 EDTVODKKR mulls sale of German telco Versatel, WSJ says
Private equity firm KKR (KKR) is thinking about selling its German telecommunications company Versatel GmbH, says the Wall Street Journal. If a sale process is initiated it may open the door to bids from UK's Vodafone (VOD) or potentially Telefónica (TEF), added the Wall Street Journal. Reference Link
08:32 EDTVODSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobili’s customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.
July 10, 2014
10:05 EDTMGIOn The Fly: Analyst Initiation Summary
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09:34 EDTMGIMoneyGram extends agreement with Members 1st Federal Credit Union
MoneyGram announced a five-year renewal of its agreement with Members 1st Federal Credit Union to provide check services through its PrimeLink Official Check outsourcing program. This program offers financial institutions a way to manage clients' checks, including daily balancing and reconciliation, inventory management and real-time updates through an online platform.
08:15 EDTMGIMoneyGram initiated with an Overweight at First Analysis
Target $18.

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