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Stock Market & Financial Investment News

News Breaks
February 11, 2014
05:43 EDTVOD, MGIMoneyGram, 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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March 26, 2015
12:53 EDTVODVodafone India acquires spectrum in 12 telecom circles for INR 258.1B
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09:01 EDTMGIMoneyGram signs two new agreements in UK
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March 23, 2015
06:10 EDTVODBT Group plans to announce BT Mobile 4G network this week, Telegraph reports
BT Group (BT) is said to be planning to announce the launch of its own 4G network this week, The Telegraph reports. The service, BT Mobile, will initially be offered to the company's 7.6M broadband subscribers and will compete with offerings from O2 (TEF) and Vodafone (VOD). Reference Link
March 19, 2015
12:44 EDTVODVodafone signs letter of intent for stake in Metroweb, Bloomberg says
Vodafone has signed a letter of intent to buy a stake in Metroweb from F2i Sgr, reports Bloomberg, citing three people with knowledge of the matter. The letter of intent does not state financial terms but two of the sources say Vodafone may fund a capital increase for as much as $532M in Metroweb's Sviluppo unit. The sources add that Vodafone stipulated that no single phone-service company gains majority control of Metroweb. Reference Link
March 18, 2015
11:24 EDTMGIeBay falls after Facebook adds friend-to friend payment option
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March 17, 2015
15:45 EDTMGIWestern Union, MoneyGram near lows after Facebook reports money transfer plans
Shares of money transfer and payment services companies MoneyGram International (MGI) and Western Union (WU) are both in negative ground and near their session lows after Facebook (FB) announced this afternoon that it is adding a new feature in Messenger that gives people a "more convenient and secure way" to send or receive money between friends.
March 16, 2015
07:37 EDTVODVodafone outlook still positive, says JPMorgan
JPMorgan says that euro weakness and uncertainties relating to the Indian spectrum auction have caused Vodafone's stock to underperform. But the firm believes that, in April, attention should shift to Vodafone's full-year results and its improving outlook in Europe while the company should resume growing in 2H15. The firm keeps an Overweight rating on the shares.

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