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Western Union says to invest up to $200 mln for up to 15% ownership of stc pay
Western Union Reports Q3 Earnings Per Share $0.55
Western Union Reports Second Quarter Results
The Western Union Company (Western Union) is a provider of money movement and payment services. The Company operates through two segments: Consumer-to-Consumer and Business Solutions. The Company's Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents. The Company's multi-currency, real-time money transfer services are viewed by the Company as one interconnected network where a money transfer can be sent from one location to another, around the world. Western Union's Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium size enterprises and individuals. Business Solutions payment transactions are conducted through various channels, including the phone and via the Internet.
7001 E Belleview Ave
President, Chief Executive Officer, Director
Rajesh K. Agrawal
Chief Financial Officer
Jean Claude Farah
President - Global Network
President - Consumer Money Transfer
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Western Union Co suspended its operations across Cuba on Monday evening as new U.S. sanctions kicked in, cutting a key lifeline for many struggling Cuban families as the coronavirus pandemic deepens the Communist-run island's economic crisis.
The digital payments business of Saudi Arabia's Saudi Telecom Company (STC), stc pay, is in talks with Gulf regulators to seek approval to operate in the United Arab Emirates, Kuwait and Bahrain, its CEO said on Monday.
Western Union, the world’s largest money transfer firm, has acquired a 15% stake in the digital payment unit of Saudi Arabia's STC Group for $200 million.
Western Union Co <WU.N>, the world's largest money transfer firm, expects an improved outlook for 2021 as people adjust to the novel coronavirus and on expectations for additional U.S. government stimulus to help the economy, its chief financial officer said on Tuesday.
The U.S. State Department said on Monday it was adding American International Services, a unit of Fincimex, to the Cuba Restricted List, saying the Cuban military uses it to charge fees and manipulate the remittance and foreign currency market.
* WESTERN UNION PARTNERS WITH AXA TO OFFER INSURANCE SERVICES THROUGH ITS GLOBAL PAYMENTS PLATFORM Source text for Eikon: Further company coverage:
The Trump administration expanded on Wednesday its list of Cuban entities that Americans are banned from doing business with to include the financial corporation that handles U.S. remittances to the Communist-run country.
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Western Union Co <WU.N>, the world's largest money transfer firm, expects the second quarter to be its weakest in 2020 in terms of revenue and profit margins and is confident of improvement as COVID-19-related lockdowns ease, its chief financial officer said on Tuesday.
Western Union Co, the world's largest money transfer firm, expects the second quarter to be its weakest in 2020 in terms of revenue and profit margins and is confident of improvement as COVID-19-related lockdowns ease, its chief financial officer said on Tuesday.
Western Union Co, the world's largest money transfer firm, said on Friday it is withdrawing its full-year financial outlook amid the coronavirus pandemic.
Kenya's biggest telecoms operator Safaricom unveiled on Tuesday a new service on its M-Pesa mobile financial services platform that will allow users to send money around the world in a partnership with Western Union.
Kenya's biggest telecoms operator Safaricom on Tuesday unveiled a new service on its M-Pesa mobile financial services platform that will allow users to send money around the world in a partnership with Western Union.
* WESTERN UNION ANNOUNCES $0.19 QUARTERLY DIVIDEND Source text for Eikon: Further company coverage:
* Q1 EARNINGS PER SHARE VIEW $0.42 -- THOMSON REUTERS I/B/E/S
* WESTERN UNION CO - CEO HIKMET ERSEK'S 2017 TOTAL COMPENSATION WAS $9.7 MLN VS $9.3 MLN IN 2016 - SEC FILING Source text: (https://bit.ly/2q4eumo) Further company coverage:
* WESTERN UNION CO SAYS CEO HIKMET ERSEK'S FY 2017 TOTAL COMPENSATION WAS $9.7 MILLION VERSUS $9.3 MILLION IN FY 2016 - SEC FILING Source text: (https://bit.ly/2Gg3b3T) Further company coverage:
* COMPANY EXPECTS SOLID BUSINESS PERFORMANCE IN 2018; QUARTERLY DIVIDEND INCREASED 9%
Australian Competition and Consumer Commission:
* IFRESH SAYS ONCE SERVICES ARE ACTIVATED, CO'S LOCATIONS WILL PROVIDE WESTERN UNION SERVICES, INCLUDING MONEY TRANSFER, MONEY ORDER, AND BILL PAYMENTS Source text for Eikon: Further company coverage:
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.