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Stock Market & Financial Investment News

News Breaks
April 17, 2014
09:09 EDTWMT, WUWestern Union down 5% after Wal-Mart launches new money transfer service
News For WU;WMT From The Last 14 Days
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July 2, 2015
10:00 EDTWUOn The Fly: Analyst Downgrade Summary
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09:46 EDTWUWestern Union drops after PayPal buys Xoom
Shares are down over 5% to $19.33 following PayPal's acquisition of Xoom (XOOM). At current price next support is at $19.02 and then at $18.72. Resistance is at $19.74.
08:57 EDTWUAnalysts split on impact to Western Union from PayPal deal
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08:17 EDTWUWestern Union has negative read through from Xoom deal, says JMP Securities
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08:08 EDTWMTMcCormick should be bought on weakness, says Bernstein
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06:00 EDTWUWells sees minimal impact to peers from Xoom buyout
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05:49 EDTWUCompetitive bid for Xoom is possible, says SunTrust
SunTrust analyst Andrew Jeffrey believes eBay (EBAY) unit PayPal's acquisition agreement with Xoom (XOOM) could invite a competitive bid. In a note to investors last night titled "Steal Of The Century," Jeffrey writes Xoom's "one-of-a-kind cross-border remittance franchise and market-leading ACH risk management technology" could bring other suitors. At $890M or $25 per share, PayPal is paying a compelling price, the analyst argues. He sees Xoom's takeover as potentially threatening to Western Union’s (WU) business. Jeffrey has a Buy rating on Xoom with a $29 price target. Following the company's merger agreement with PayPal, the shares traded up $4.40 to $25.10 last night in after-hours trading. PayPal is looking to acquire Xoom ahead of its planned separation from eBay.
July 1, 2015
20:56 EDTWUWestern Union downgraded to Hold from Buy at Evercore ISI
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June 30, 2015
07:29 EDTWMTNon-profit group: Wal-Mart made deceptive ‘Made in the USA’ claims
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June 29, 2015
15:45 EDTWUWestern Union to expand money transfer services with BANSEFI Mexico
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June 24, 2015
06:22 EDTWMTWal-Mart to charge fees to ‘almost all’ vendors, Reuters reports
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June 23, 2015
18:04 EDTWMTWal-Mart poaches technology talent from eBay, WSJ says
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16:29 EDTWMTOn The Fly: Top stock stories for Tuesday
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13:37 EDTWMTOn The Fly: Top stock stories at midday
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07:05 EDTWMTGreen Dot price target raised to $24 from $22 at Piper Jaffray
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06:31 EDTWMTGreen Dot contract terms better than feared, says JPMorgan
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June 22, 2015
19:00 EDTWMTOn The Fly: After Hours Movers
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16:33 EDTWMTGreen Dot rallies sharply on Walmart deal
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16:28 EDTWMTGreen Dot up 27% after announcing deal with Wal-Mart
16:02 EDTWMTGreen Dot to remain program manager for Walmart
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