|Bid||6.53 x 900|
|Ask||6.54 x 800|
|Day's Range||6.39 - 6.56|
|52 Week Range||6.39 - 17.63|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
MoneyGram International Inc (NASDAQ:MGI), a it company based in United States, saw significant share price volatility over the past couple of months on the NasdaqGS, rising to the highs ofRead More...
Ant Financial is rumored to be closing a $10 billion funding round that would value the Chinese payments firm at an eye-popping $150 billion.
MoneyGram International, Inc. (MGI) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock
JD.com (JD) is buying a large stake in the China unit of global insurance company Allianz SE. JD expects to invest $85.4 million in a 33.0% stake in Allianz China, making it the second-largest shareholder in the insurance company.
On a per-share basis, the Dallas-based company said it had net income of 11 cents. Earnings, adjusted for one-time gains and costs, were 15 cents per share. The results missed Wall Street expectations. ...
Even though major cryptocurrencies like Bitcoin, Ethereum, and Ripple are still going strong and are maintaining some level of popularity, institutional investors and users aren’t happy about their extreme volatility. Extreme volatility of cryptocurrencies prevents widespread adoption of them as a medium of exchange. It seems like the main thing that is going for the […]
Alibaba (BABA) is scheduled to report its fiscal 4Q18 (calendar 1Q18) results amid reports that its finance-focused affiliate, Ant Financial, is seeking to raise at least $9.0 billion through private funding. Ant was part of Alibaba until 2011, when it was separated into an independent company focused on providing financial services ranging from processing payments to supplying loans to consumers and small businesses. Ant Financial is into asset management.
Last month, Alibaba (BABA) led a funding round that raised $866 million for China-based bike-sharing company Ofo. Alibaba was joined in the latest Ofo fundraising by investors including its finance affiliate Ant Financial, Haofeng Group, Junli Capital, and Tianhe Capital. Ant Financial, which operates Alibaba’s mobile payment service, Alipay, made a deal last year to acquire MoneyGram (MGI) for $1.2 billion. However, the US government blocked it from closing the deal on national security grounds.
MoneyGram International (MGI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
WorldRemit will be the exclusive money transfer partner for international call provider Lebara under a deal announced on Tuesday by the London-based brands, which are popular among immigrants to Europe. Lebara offers mobile phone services via shops in six European countries, while WorldRemit enables immigrants to use digital remittances to send money home to families and friends, offering an alternative to more expensive options from firms such as Western Union (WU.N) and MoneyGram (MGI.O). More than 3 million users of Lebara's calling and mobile money services will now have access to WorldRemit payment services on Lebara's site and mobile app.
Indian restaurant discovery and online meal ordering service Zomato said in March 2018 that it had raised ~$200 million from Alibaba (BABA) affiliate Ant Financial. Ant is the Alibaba financial services unit that the US government blocked from acquiring global money remittance provider MoneyGram (MGI) early this year. The deal valued Zomato at more than $1.0 billion.
This new service allows anyone in the U.S. to send money to Moneygram International’s locations across 200 countries. WMT says that the new service will include the same low fees for customers as Walmart2Walmart does. Walmart says that another of the advantages of sending money via its Walmart2World service is the speed of it.
The company spun off from Alibaba in 2011 and the latest funding rumors have Wall Street talking. Yahoo Finance's Seana Smith, Dan Roberts, Ethan Wolff-Mann and Andy Serwer discuss.
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.