Sun, Dec 21, 2014, 9:32 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

The Western Union Company Message Board

  • redheadinvestor Oct 3, 2013 12:00 PM Flag

    MoneyGram sale faceplant


    I read another article touting Xoom as the wave of the future because of its roughly $100 M in annual digital revenue... ...same article dissed Western Union because "only 4%" of its revenues were digital... ...of course, that's about $200-240 M, making WU *digital* (by itself) 2 to 3 times the size of (all of) Xoom. It's amazing how analysts lie with numbers. :-)

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • redheadinvestor Oct 3, 2013 1:22 PM Flag

      I saw the MGI sale not as indicative of industry trends but as something of a baldfaced attempt by Goldman and the PE shop to see if they could get another PE shop to overpay and liquidate their bad investment (which I think is back below breakeven for them, given where MGI is now trading).

18.00+0.22(+1.24%)Dec 19 4:03 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.