Key Developments: MoneyGram International Inc (MGI.N)

MGI.N on New York Stock Exchange

18.92USD
10 May 2013
Price Change (% chg)

$0.66 (+3.61%)
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$18.26
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Volume
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$21.79
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Latest Key Developments (Source: Significant Developments)

MoneyGram acquires assets of Nexxo Financial Corporation
Tuesday, 9 Sep 2014 08:00am EDT 

MoneyGram International Inc:Has acquired assets of Nexxo Financial Corporation.MoneyGram will utilize Nexxo's technology to strengthen and expand its leading money transfer kiosk platform and also broaden its service offerings for banks and credit unions.  Full Article

MoneyGram International Inc acquires MTI Money Transfer Limited
Tuesday, 2 Sep 2014 08:30am EDT 

MoneyGram International Inc:Acquires nMTI Money Transfer Limited, a United Kingdom-based company offering MoneyGram services across Europe.  Full Article

MoneyGram International Inc reaffirms FY 2014 guidance
Friday, 1 Aug 2014 07:03am EDT 

MoneyGram International Inc:Continues to estimate FY 2014 constant currency revenue growth to be in range of 1 pct. to 3 pct. and estimates FY 2014 constant currency adjusted EBITDA growth to be in range of 0 pct. to 2 pct.Reported revenue of $1.474 bln and EBITDA of $295.50 mln in FY 2013.FY 2014 revenue of $1.506 bln and EBITDA of $294.86 mln - Thomson Reuters I/B/E/S.  Full Article

MoneyGram International and Canada Post sign multi-year extension to provide fast and convenient money transfer services in canada
Wednesday, 23 Jul 2014 09:15am EDT 

MoneyGram International Inc:Extends their agreement to provide MoneyGram services at Canada Post locations through 2020.Through this collaboration, MoneyGram will continue to offer fast and convenient money transfer services at more locations in Canada than any other provider.In addition to domestic and international money transfers, MoneyGram also offers bill payment services at Canada Post locations, providing consumers the ability to make payments for necessities such as phone services, home mortgages or automobiles.  Full Article

MoneyGram International Inc reaffirms FY 2017 revenue guidance - Conference Call
Tuesday, 20 May 2014 04:40pm EDT 

MoneyGram International Inc:Says it still want to get to $2 billion in revenue in FY 2017.  Full Article

MoneyGram International Inc launches Cash to ATM in Bulgaria with DSK bank
Thursday, 15 May 2014 03:05pm EDT 

MoneyGram International Inc:Says with DSK Bank, MoneyGram is making money transfers more convenient for customers in Bulgaria.Introduces Cash to ATM service.New service allows DSK Bank debit card holders to receive MoneyGram transfers in BGN at more than 850 DSK Bank ATM terminals.  Full Article

MoneyGram International Inc lowers FY 2014 guidance
Tuesday, 29 Apr 2014 07:00am EDT 

MoneyGram International Inc:Revises FY 2014 outlook due to recently introduced Walmart-to-Walmart white-label product.Estimates FY 2014 constant currency revenue growth to be in range of 1 pct. to 3 pct.Estimates FY 2014 constant currency adjusted EBITDA growth to be in range of 0 pct. to 2 pct.Reported revenue of $1.474 bln and EBITDA of $295.50 mln in FY 2013.FY 2014 revenue of $1.571 bln and EBITDA of $314.57 mln - Thomson Reuters I/B/E/S.  Full Article

Moneygram International announces agreement with PicomoPay
Monday, 28 Apr 2014 09:15am EDT 

Moneygram International Inc:Says it is teaming up with PicomoPay to allow its consumers in the U.S. to send money transfers via PicomoPay's Facebook application to more than 336,000 MoneyGram agent locations in more than 200 countries.  Full Article

Moneygram International signs agreement with Emirates India International Exchange
Thursday, 24 Apr 2014 09:00am EDT 

Moneygram International Inc:Announces an agreement with Emirates India International Exchange.To offer money transfer services inside its locations in UAE.  Full Article

MoneyGram International Inc prices secondary offering
Friday, 28 Mar 2014 08:00am EDT 

MoneyGram International Inc:Says 8,000,000 shares priced at $16.50 per share.Company will not receive any proceeds from offering.Offering is expected to close on April 2.Concurrently MoneyGram will repurchase 8,185,092 shares of common stock from affiliates and co-investors.  Full Article

MoneyGram claims bank status in tax dispute with U.S. IRS

WASHINGTON, May 27 - MoneyGram International Inc is fighting in U.S. Tax Court to prove it is a bank, a designation the Internal Revenue Service disputed when it blocked $900 million in tax deductions by the world's second-largest money transfer company.

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