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Stock Market & Financial Investment News

News Breaks
February 14, 2013
07:46 EDTWUWestern Union upgraded to Buy from Neutral at Compass Point
News For WU From The Last 14 Days
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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

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