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Stock Market & Financial Investment News

News Breaks
January 9, 2013
08:02 EDTSWY, WUWestern 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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April 23, 2014
16:18 EDTSWYSafeway says merger to close in Q4, shareholders to receive $40 per share
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16:16 EDTSWYSafeway reports Q1 EPS 6c, may not compare to consensus 18c
Reports Q1 revenue $8.3B, consensus $8.24B.
15:41 EDTSWYNotable companies reporting after market close
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11:16 EDTSWYSuperValu says investing in price, sees FY15 EBITDA lower than FY14
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April 21, 2014
10:54 EDTWUMoneyGram continues sell off with Wal-Mart entering space
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09:27 EDTWUNetspend, Western Union to introduce co-branded prepaid card in U.S.
NetSpend, a TSYS (TSS) company, announced it has joined forces with Western Union (WU) to develop an innovative co-branded prepaid card, available later this year. NetSpend and Western Union will jointly develop the co-branded cardís custom features through NetSpendís proprietary payments platform, and both companies plan to deliver the card through a portion of their combined distribution networks later this year. Details on card pricing, features and availability will follow at the product launch.
April 17, 2014
16:31 EDTWUOn The Fly: Closing Wrap
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10:40 EDTWUMoneyGram, Western Union retreat after Wal-Mart launches competing service
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10:29 EDTWUWestern Union transfer share not materially hurt by Wal-Mart, says Sterne Agee
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09:15 EDTWUMoneyGram, 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.
09:13 EDTWUWestern Union volatility expected to move on Walmart money-transfer service
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09:09 EDTWUWestern Union down 5% after Wal-Mart launches new money transfer service
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09:00 EDTWUWestern Union falls 5.5%
Western Union is down 5.5%, or 89c, to $15.16
April 15, 2014
10:00 EDTSWYSafeway falls 9.9%
Safeway is down 9.9%, or $3.78, to $34.23
April 14, 2014
19:32 EDTSWYBlackhawk completes spin-off from Safeway
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16:07 EDTSWYSafeway completes spin-off of Blackhawk Network Holdings
Safeway completed the distribution to its stockholders of 37,838,709 shares of Class B common stock of Blackhawk Networks Holdings owned by Safeway. After the completion of the distribution, Safeway no longer owns any shares of Class B common stock of Blackhawk. The distribution by Safeway was made in the form of a pro rata common stock dividend, of its Class B common stock equity interest in Blackhawk to all Safeway stockholders of record on April 3. Safeway stockholders have received 0.164291 of a share of Blackhawk Class B common stock, in book-entry form, for every share of Safeway common stock held as of the close of business on April 3. No fractional shares of Blackhawk Class B common stock were distributed. Instead, Safeway stockholders will receive cash in lieu of any fraction of a share of Blackhawk Class B common stock that they otherwise would have received. Starting on April 15, the when-issued market for Safeway common stock on the New York Stock Exchange, previously trading under the symbol "SWYWI" or "SWY-WI" on certain websites, will no longer be available and the "regular way" market for Safeway will be trading "ex" or, in other words, without the entitlement of the shares of Blackhawk Class B common stock.
April 10, 2014
16:09 EDTSWYSafeway announces receipt of second request from FTC
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