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The Western Union Company - $WU STOCK NEWS

Welcome to our dedicated page for The Western Union Company news (Ticker: $WU), a resource for investors and traders seeking the latest updates and insights on The Western Union Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Western Union Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The Western Union Company's position in the market.

Rhea-AI Summary

OXXO and Western Union have announced a strengthening of their cross-border remittance services in Mexico, offering services in more than 21,000 OXXO stores nationwide. This collaboration aims to simplify customers' lives, with easy and secure cash withdrawals of up to 4,000 pesos. The partnership focuses on enhancing customer experience and expanding financial services offerings, demonstrating almost eight years of successful collaboration between the two companies. OXXO and Western Union seek to support financial inclusion and provide quality remittance services, aligning with the Mexican economy's reliance on international remittances.

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Western Union and Adonis supermarkets have formed a strategic alliance to enhance cross-border money transfer services in Canada. The partnership will benefit consumers in Montreal by offering Western Union services at two Adonis locations. This collaboration aims to provide quality food and a seamless customer experience, reflecting both companies' commitment to customer satisfaction. The alliance is a part of Western Union's ongoing efforts to expand its service offerings across Canada, ensuring customers have various options for fast, convenient money transfers.

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Western Union (WU) will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024. The presentation features CEO Devin McGranahan at 8:10 a.m. Eastern Time. Investors can access the webcast on www.westernunion.com and the archived version post-event.

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Western Union reported first quarter 2024 results with GAAP revenue of $1.05 billion, up 1% reported basis or 3% adjusted basis. GAAP EPS was $0.41, up 3%, and adjusted EPS was $0.45, up 5%. Consumer Money Transfer transactions grew 6% with 13% growth in Branded Digital transactions. Branded Digital revenue increased by 9%. The Company raised its 2024 full-year revenue and EPS guidance.
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The Western Union Company (WU) will host a webcast and conference call to discuss first quarter 2024 results on April 24, at 4:30 p.m. ET. Registration is required, and a press release with financial results will be issued at approximately 4:05 p.m. ET on the same day.
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Arian Hajihassani, a biochemistry and mathematics student at Duquesne University, receives Western Union's highest scholarship award for his academic excellence and contributions to medical science. Western Union Foundation supports his academic journey, recognizing his potential to impact cancer treatment positively.
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Visa and Western Union announce a 7-year agreement to enable customers to send money to friends and family globally. The deal includes issuing Visa Debit Cards, integration with Visa Direct, and value-added services for humanitarian relief. The collaboration aims to provide fast, secure, and convenient cross-border payment solutions.
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The Western Union Company (WU) will present at the Wolfe Research FinTech Forum on Mar. 14, with CEO Devin McGranahan speaking. Investors can access the webcast on the company's website.
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The Western Union Company (WU) will present at the Citi FinTech Conference on Feb. 27. The presentation by CFO Matt Cagwin will start at 1:15 p.m. ET. Investors can access the webcast on the company's website.
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Western Union and Mercado Pago expand their partnership to allow US and Canadian customers to send money to Mercado Pago wallet accounts in Mexico, enhancing geographic reach and convenience.
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The Western Union Company

NYSE:WU

WU Rankings

WU Stock Data

4.52B
340.46M
0.3%
96.29%
6.22%
Financial Transactions Processing, Reserve, and Clearinghouse Activities
Finance and Insurance
Link
United States of America
DENVER

About WU

with a 160+ year history of connecting people when it matters most, western union continues to shape the world in which we live. western union offers one of the easiest ways for families, friends and businesses to send money and stay connected almost anywhere in the world. it all comes down to the relationships we’ve established over many years. together with our agents, we speak our consumers’ languages and live in our consumers’ neighborhoods. and we share our consumers’ cultures. we are a significant part of each other’s lives. as a result, our agents and employees are more like ambassadors. they are ambassadors of trust. ambassadors of responsibility. and ambassadors of hope. they are the living, breathing manifestation of who we are as a company and everything we stand for. we are inspired, driven, responsible, connected, and game-changers. and we're moving forward with other new ventures too! western union has launched wu digital in san francisco, ca. this technology-driven divis