Western Union Co
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MoneyGram Rose 43% Due to Western Union Takeover Offer
Western Union (NYSE:WU) stock rose 6.2% in pre-market trading at 5:38 AM ET today. The company plans to acquire MoneyGram International (NYSE:MGI).
Besides Venmo, PayPal’s Xoom Is Causing Ripples
While PayPal’s (PYPL) Venmo has been crushing its competition, PayPal recently launched Xoom’s
digital remittance service in 32 European markets.
Alibaba’s Recent Africa Deal Could Worry Amazon
Kenya is one of the African countries where Alibaba and Amazon are battling for e-commerce market share.
PayPal Isn’t Done Disrupting Western Union and MoneyGram
Early this month, PayPal (PYPL) raised the upper limit of the amount customers can send through its global remittance service, Xoom.
PayPal Zeroes In on Canada
PayPal (PYPL) is gearing up to report its fourth-quarter earnings results after recently launching its international money transfer service, Xoom, in Canada.
Is Facebook Eyeing the $610 Billion–Plus Remittances Market?
Facebook (FB) is quietly developing a type of digital currency that will let people transfer money through its WhatsApp messaging platform.
What’s in the Canadian Market for PayPal’s Xoom?
PayPal (PYPL) has introduced its international money transfer service, Xoom, in Canada.
PayPal Signs Deals Worth $2.7 Billion in Second Quarter
In a span of roughly two months during the second quarter, PayPal (PYPL) inked M&A (merger and acquisition) deals worth at least $2.7 billion.
How PayPal Could Drive Venmo’s Growth
The partnership with Uber to introduce Venmo as a payment option for riders is part of the efforts PayPal (PYPL) is making to both drive adoption of the mobile payment service and enlarge its monetization potential.
PayPal Buckling Down to Face Its Main Competitor
PayPal notes that it has 237.0 million active customers globally, and it generated $3.7 billion in revenues in Q1 2018—an increase of 24.0% year-over-year.
PayPal Acquires Jetlore to Enhance Its Marketing Solutions
PayPal generated revenues of $3.7 billion in the first quarter, representing an increase of 24.0% year-over-year.
How Are Analysts Viewing American Express Stock?
American Express (AXP) is covered by 31 analysts in March 2018. Two of them have given it a “strong sell” rating, and one is recommending “sell.”
A Look at Mastercard’s Valuations
Wall Street analysts have given a one-year price estimate of $191.40 for Mastercard.
Behind Mastercard’s Gross Dollar Volumes
Mastercard (MA) saw a year-over-year rise of 13.0% in its worldwide gross dollar volumes in 4Q17 on a local currency basis.
Mastercard’s Net Revenues Rose Year-over-Year in 4Q17
Mastercard (MA) generated total net revenues of $3.3 billion in 4Q17 compared to $2.7 billion in 4Q16.
How Mastercard and Visa Are Pricing Cryptocurrency Fees
Coinbase accepts crypto purchases using credit or debit cards, and it transfers a 4.0% credit card transaction fee to the buyer.
Mastercard’s Positive View of QR Technology
Mastercard’s (MA) 3Q17 profit margin stands at 38.7%.
Mastercard’s Net Revenues Rose, and So Did Expenses
In 3Q17, Mastercard (MA) reported cross-border volume fees of $1.2 billion, compared to $996 million in 3Q16, which implies a YoY rise of 15% on a currency-neutral basis.
Apple Pay Is Quickly Expanding
Western Union (WU) recently announced that Apple Pay (AAPL) users would be able to use its platform for money transfers.
What PayPal Is Pursuing with the Slack Integration
PayPal’s (PYPL) integration with online collaboration software Slack will allow people to send money to their peers without leaving the Slack platform.
How Western Union Benefited from Hedge Gains and Cost Savings
Western Union benefited from hedge gains and cost savings that were offset by rises in technology expense and the negative impact of foreign exchange.
Western Union Generated 80% Revenues from One Segment
In 3Q15, the consumer-to-consumer segment comprised 80% of Western Union’s overall revenues. The segment’s revenues fell by 3% year-over-year.
Why Western Union’s 3Q15 Revenues Fell Below Estimates
On October 29, Western Union released its 3Q15 results with revenues of $1.39 billion, a 3% year-over-year fall compared to $1.44 billion in 3Q14.
Stocks in the Technology Select Sector SPDR Fund (XLK)
The Technology Select Sector SPDR Fund (XLK) is the most liquid exchange-traded fund, or ETF, in the technology sector, with over 8 million shares traded per day.
Is the Labor Market Sending Mixed Signals?
Whatever the non-farm payrolls indicate, one thing is certain—slack in the labor market refuses to go away. The employment–population ratio and the labor force participation rate changed little in April.
ADP National Employment Report: Private Payrolls Miss Again
The ADP NER (National Employment Report) showed that the private sector only added 169,000 jobs in April 2015—the lowest since January 2014.
Rising US Dollar Dampens April Jobs Report—SPY Down 0.41%
Investor sentiment in the US was dampened by the weak April jobs report that was released May 6. The non-farm private payroll gained 169,000 jobs against median expectations of 200,000.
Consumer Confidence Report Shatters Expectations, SPY Offers Hope
A positive US (SPY)(IVV) consumer confidence report boosted the stocks of consumer firms on March 31.