6.26 0.00 (0.00%)
After hours: 4:20PM EDT
|Bid||5.75 x 1800|
|Ask||6.41 x 3200|
|Day's Range||5.89 - 6.26|
|52 Week Range||5.71 - 17.07|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 16, 2017 - Mar 17, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.50|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The digital payment industry has continued to attract more players, resulting in more competition, particularly for market leaders like PayPal (PYPL). PayPal’s confidence is based on the belief that the company has built a powerful two-sided network, which means reaching consumers and merchants at the same time. PayPal ended the second quarter with 244 million active customers globally, and about 20 million of them were merchants, according to the company’s chief financial officer, John Rainey.
Alibaba’s (BABA) finance affiliate, Ant Financial, has ambitious goals that could require deep pockets to bankroll. Its goal to shift its main focus to technology services and away from payments and consumer finance could require Ant to increase its research and development investments and opportunistic acquisitions to acquire technologies it may not want to build from scratch. Ant aims to reach 2.0 billion consumers globally with its Alipay payment service in future years, which could require launching Alipay in more countries.
JD.com’s (JD) financial services subsidiary, JD Finance, is raising nearly $2.0 billion at a valuation of ~$20.0 billion in a funding round. This funding round is expected to be completed by the end of September. JD Finance’s fundraising comes shortly after its rival Ant Financial did the same. Ant Financial, an affiliate of Alibaba (BABA) and the name behind the Alipay service, raised $14.0 billion in June at a valuation of more than $151.0 billion.
China recently cleared JD.com (JD) to purchase a large equity stake in the Chinese subsidiary of global insurance company Allianz SE. JD’s plan to invest in Allianz China was revealed in April, and at that time it was said JD would invest around $85.4 billion for a 33.0% stake in the business.
MoneyGram (MGI) delivered earnings and revenue surprises of 31.25% and -3.42%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Dallas-based company said it had profit of 3 cents. Earnings, adjusted for one-time gains and costs, were 21 cents per share. The results exceeded Wall Street expectations. The ...
NEW YORK, NY / ACCESSWIRE / August 3, 2018 / MoneyGram International, Inc. (NASDAQ: MGI ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 3, 2018 at 9:00 AM Eastern ...
DALLAS , Aug. 3, 2018 /PRNewswire/ -- MoneyGram (NASDAQ:MGI) today reported financial results for its second quarter ending June 30, 2018. Business Highlights Expanded digital and mobile capabilities: ...
On Friday, MoneyGram International (NASDAQ: MGI ) will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications. Earnings and Revenue MoneyGram ...
Square (SQ) has tried to keep the pace with its larger rival PayPal (PYPL) in many areas. Square inked three acquisition deals in the first half of 2018, and PayPal inked four acquisition deals in the period, according to Crunchbase data. Product choice is another area in which Square and PayPal have been actively competing.
DALLAS, Aug. 1, 2018 /PRNewswire/ -- MoneyGram (MGI) and Grupo Elektra, have extended their agreement to provide money transfer services inside nearly 2,000 Elektra locations in Mexico through 2021. The partnership strengthens MoneyGram's position in the dynamically growing market - with over $30 billion inflows in 2017, the U.S. to Mexico is the largest remittance corridor in the world. Grupo Elektra is Latin America's leading specialty retailer and financial services company and the largest non-bank provider of cash advance services in the United States.
The partnership with Uber to introduce Venmo as a payment option for riders is part of the efforts PayPal (PYPL) is making to both drive the adoption of the mobile payment service and enlarge its monetization potential.
PayPal (PYPL) is set to report its second-quarter results after recently closing the deal to sell its US consumer lending business to Synchrony Financial (SYF). PayPal said it received $6.9 billion in total consideration from Synchrony at closing. Before the deal closed, PayPal had estimated that the sale of its US consumer lending business would boost its projected 2018 revenue by about 3.5%.
Money orders don't require a bank account, offer protection to the person making the payment, and are quite simple to fill out as long as you know the steps. There are different places you can get a money order and different things to know about each one. What Is a Money Order?
Customers in Australia, the Netherlands, Belgium, Portugal and Austria can now send money 24/7 directly to more than two billion bank accounts and mobile wallets or to any MoneyGram location in more than 200 countries and territories. According to World Bank's Findex report, digital payments are on the rise. Between 2014 and 2017 the share of adults around the world making or receiving digital payments increased by 11 percent, to reach 52 percent.
MoneyGram (MGI) expands partnership with Post Office to provide customers with money transfer services in multiple UK Post Office locations.
Conference call scheduled for August 3 at 9:00 a.m. ET DALLAS , July 10, 2018 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) will announce its second quarter 2018 financial results on Friday, August 3 , 2018. ...
DALLAS, July 10, 2018 /PRNewswire/ -- MoneyGram (MGI) and Post Office Limited have extended their agreement to provide money transfer services inside thousands of UK Post Office locations through 2021. "For more than two decades, MoneyGram and UK Post Office have partnered to drive financial inclusion in one of the most diverse regions in the world by offering our customers convenient and reliable financial services," said Alex Holmes, chairman and chief executive officer at MoneyGram.
Stock Research Monitor: EZPW, EFX, and MGI LONDON, UK / ACCESSWIRE / July 9, 2018 / If you want a free Stock Review on LC sign up now at www.wallstequities.com/registration . Pre-market today, WallStEquities.com ...
NEW YORK, June 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of MSC ...
On Monday (June 25) Ant Financial, the payments and financial services arm of Chinese e-commerce giant Alibaba, unveiled a cross-border remittance service powered by blockchain technology. Its release marks the company’s expansion into the global remittance market, after an attempt to purchase an American remittance company failed due to political pushback. The feature is only…