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Stock Market & Financial Investment News

News Breaks
January 9, 2013
08:02 EDTWU, SWYWestern Union signs five-year agreement with Safeway
Western Union (WU) signed a renewal agreement with Safeway (SWY). Under the terms of the agreement, more than 1,640 Safeway store locations across the United States and Canada will continue to offer Western Union global money transfer services. Safeway will also introduce Western Union money order and consumer bill payment services in the U.S. in 2013.
News For WU;SWY From The Last 14 Days
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May 16, 2013
05:44 EDTWUU.S. freezes account tied to Bitcoin exchange, WSJ reports
U.S. officials dealt a blow to the fledgling digital currency called Bitcoin, freezing an account tied to the largest Bitcoin exchange just months after regulators warned such entities should follow traditional anti-money laundering rules, reports the Wall Street Journal. The Department of Homeland Security obtained a warrant to seize an account tied to Mt. Gox, a Tokyo-based exchange that says it handles 80% of all Bitcoin trading. Reference Link
May 15, 2013
06:58 EDTSWYSafeway re-instated with a Sell at Goldman
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May 14, 2013
16:19 EDTSWYSafeway increases dividend 14% to 20c
Safeway announced that its Board of Directors approved an increase to its regular quarterly cash dividend from 17.5c per share to 20c per share, reflecting a 14% increase. The Board also declared a cash dividend of 20c per share payable on July 11 to stockholders of record at the close of business on June 20.
May 12, 2013
18:21 EDTWUWestern Union shares could jump to $19 in the next 12 months, Barron's says
Driven by lower money transfer prices, Western Union's shares could see $19 this year and stay in the low $20s afterward, as the economy improves and transactions increase, Barron's contends in a Feature article. Reference Link
May 8, 2013
07:44 EDTSWYBofA/Merrill's retail analysts hold an analyst/industry conference call
Specialty Retail Analyst Hutchinson provides an update on April monthly sales, earnings and industry trends on an Analyst/Industry conference call. Relevant covered companies BBBY, BBY, BJ, CHS, COH, COST, DG, DLTR, FDO, FL, GPS, KR, KSS, LOW, M, NDN, PLCE, SKS, SWY, TGT, TJX, WMT and ZLC may be included on the Analyst/Industry conference call to be held on May 9 at 1 pm.
May 6, 2013
05:46 EDTSWYExecutives benefit as companies increase buybacks, WSJ reports
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