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News Breaks
November 5, 2009
08:16 EDTWU
theflyonthewall.com: Western Union extends agreement with Postal Savings Bank of China
The Western Union Company announced the renewal of an agreement with the Postal Savings Bank of China to provide Western Union Money Transfer services. :theflyonthewall.com



News For WU From The Last 14 Days
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February 8, 2012
16:39 EDTWU
theflyonthewall.com: On The Fly: Closing Wrap

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13:16 EDTWU
theflyonthewall.com: Western Union downgraded to Underperform from Outperform at CLSA

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12:13 EDTWU
theflyonthewall.com: On The Fly: Mid-Day Wrap
Stocks on Wall Street were lower at mid-day, as a rally that has extended through most sessions this year took a pause. Each of the major indices has moved into negative territory. The averages hung around the flat line for most of the early morning, as the absence of any major news kept the market from establishing a firm direction. In the end, the absence of news sent the averages into negative territory, as the wait for a deal between Greece and the EU has left investors frustrated and on the sideline... ECONOMIC EVENTS: Domestically, the MBA Mortgage Applications Composite Index was up 7.5% for the week. Crude inventories rose by 304K barrels, less than the consensus forecast of a 2.5M barrel build. As for Europe, the Journal said the ECB is making concessions that will help Greece lower its debt burden, but investors still await the announcement of a deal that will secure Greece's next bailout payment... MARKET NEWS: Disney (DIS) shares rose as BMO Capital and Credit Suisse raised their price targets after the company's adjusted earnings beat estimates. Among other large cap companies reporting results, Cerner (CERN), Ralph Lauren (RL), and CVS Caremark (CVS) advanced, while Western Union (WU) and BHP Billiton (BHP) retreated... 3M (MMM) announced that Inge Thulin will take over as CEO when George Buckley retires... Shares of Caesar's Entertainment (CZR) traded actively after its IPO opened for trade at $9.06... MAJOR MOVERS: Among the notable gainers were CSC (CSC), Calix (CALX), and Buffalo Wild Wings (BWLD), after they each had upside earnings surprises. Noteworthy losers included Silicon Graphics (SGI), after its earnings and guidance severely disappointed, and Higher One (ONE), following downgrades at Craig-Hallum and Raymond James on its Q4 report... INDICES: Near noon, the Dow was down 36.33, or 0.28%, to 12,841.87; the Nasdaq was down 5.04, or 0.17%, to 2,899.04; and the S&P 500 was down 2.26, or 0.17%, to 1,344.79. :theflyonthewall.com
10:04 EDTWU
theflyonthewall.com: Western Union gaps below its 50-day MA, support is at $17.50

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09:44 EDTWU
theflyonthewall.com: Gappers report: Bearish gaps

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09:29 EDTWU
theflyonthewall.com: Pre-market top 5 losers

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06:57 EDTWU
theflyonthewall.com: Western Union weakness a buying opportunity, says Jefferies
Jefferies views the weakness in Western Union shares following the company's 2012 guidance as a buying opportunity. The firm lowered its price target for shares to $23 from $24 but finds the valuation attractive at current levels. :theflyonthewall.com
06:07 EDTWU
theflyonthewall.com: Western Union 2012 guidance looks conservative, says Citigroup

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February 7, 2012
16:09 EDTWU
theflyonthewall.com: Western Union sees 2012 EPS ex-integration expenses $1.70-$1.75
Consensus EPS estimate is $1.80. Sees 2012 constant currency revenue growth in a range of up 6%-8%8%, including a plus 4% benefit from the full year inclusion of TGBP. :theflyonthewall.com
16:08 EDTWU
theflyonthewall.com: Western Union raises quarterly dividend 25% to 10c from 8c
Western Union announced that its board of directors has declared a 25% increase in the company’s quarterly dividend, to 10c per common share. The company’s previous quarterly dividend was 8c per common share. The dividend is payable March 30, to shareholders of record at the close of business on March 16. :theflyonthewall.com
16:07 EDTWU
theflyonthewall.com: Western Union reports Q4 EPS ex-tax benefit 40c vs. consensus 40c

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15:09 EDTWU
theflyonthewall.com: Companies reporting After the Market Close on Tuesday, February 7
Notable companies reporting after the bell include CBRE Group (CBG), Cerner (CERN), Hartford Financial Services Group (HIG), Life Technologies (LIFE), Lincoln National (LNC), Walt Disney (DIS) and Western Union (WU) :theflyonthewall.com
14:02 EDTWU
theflyonthewall.com: Western Union increases quarterly dividend by 25%
The board has increased the quarterly cash dividend to 10c per common share from 8c per common share. The dividend is payable March 30 to shareholders of record at the close of business on March 16. :theflyonthewall.com