|Bid||1.6500 x 4000|
|Ask||1.7500 x 900|
|Day's Range||1.6700 - 1.8400|
|52 Week Range||1.5900 - 7.4200|
|Beta (3Y Monthly)||1.78|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 16, 2017 - Mar 17, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.83|
DALLAS, May 16, 2019 /PRNewswire/ -- MoneyGram International, Inc. (MGI) announced a new partnership to provide consumers with enhanced choice and convenience in Bangladesh – one of the largest remittance receiver markets in the world. Jamuna Bank seamlessly integrated with the API-driven MoneyGram platform to provide consumers in Bangladesh the ability to receive money straight into their bank accounts. "This partnership is another example of how MoneyGram continues to be focused on executing our strategy to deliver the industry's best customer experience by providing unrivaled choice and convenience," said MoneyGram Chairman and CEO Alex Holmes.
Moody's Investors Service ("Moody's") downgraded MoneyGram International, Inc.'s ("MoneyGram") Corporate Family Rating (CFR) to B3 from B2 and existing senior secured credit facility rating to B3 from B2. Moody's assigned a B2 rating to the proposed amended first lien credit facility and a Caa2 rating to the proposed second lien term loan facility.
CAMPECHE, Mexico, May 14, 2019 /PRNewswire/ -- MoneyGram International, Inc. (MGI), a global provider of innovative money transfer services, today celebrated a $50,500 USD grant from the MoneyGram Foundation to nonprofit organization UNETE. The funds provide for the purchase and installation of a media laboratory at José María Morelos Elementary in Campeche. Additionally, the grant allows for teacher training and technology improvements in five schools located in Oaxaca, Coahuila, Mexico state and Morelos.
MoneyGram (MGI) delivered earnings and revenue surprises of -175.00% and -4.13%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Dallas-based company said it had a loss of 21 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 6 cents per share. The results fell short of Wall Street expectations. ...
DALLAS , May 8, 2019 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ:MGI) today reported financial results for its first quarter ending March 31, 2019. Business Update "The financial results ...
Conference call scheduled for May 8 at 9:00 a.m. ET DALLAS , May 6, 2019 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) will announce its first quarter 2019 financial results on Wednesday, May 8, 2019 . Alex ...
SAN DIEGO, May 06, 2019 -- The Shareholders Foundation, Inc. announces that a lawsuit is pending by a current investor in shares of MoneyGram International, Inc. (NASDAQ: MGI).
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MoneyGram (MGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MoneyGram and Western Union are two of the most popular money wiring services. Compare the services and the fees of each before making a choice.
DALLAS, April 12, 2019 /PRNewswire/ -- MoneyGram (MGI) announced a partnership with KyckGlobal to better serve the large and growing population of gig economy workers in the US by enabling them to receive cash payments for their work. About 60 million people in the US participate in the gig economy, and studies estimate that nearly one-third of these workers prefer same-day payments in cash. "As a result of our partnership with MoneyGram, we can now better serve these workers by providing them with quick and convenient access to receive their hard-earned money in cash," said CRO of KyckGlobal, Sam Wheeler.
There's a lot of chaos in Europe right now. There's been a major slowdown in China, and Japan, Italy (and soon Germany) are in a recession. And, of course, there's Brexit -- the most chaotic mess of them all.Here's a quick recap: Back in late June 2016, Britain voted to leave the European Union (EU). The vote shocked the world, especially the EU and even the people of Britain. So, in the nearly three years since, the EU and British Parliament have failed to come to a deal, and the initial Brexit date of March 29, 2019 has passed.So far, Prime Minister Theresa May has failed multiple times to convince Members of Parliament (MPs) to approve her revised exit plans. In fact, she even offered to resign if the MPs agree to Brexit. The reality is that most MPs are not in favor of Brexit, and are secretly hoping for a second referendum vote.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut now the EU has another big problem on its hands. This morning, President Trump announced billions in new tariffs:The World Trade Organization finds that the European Union subsidies to Airbus has adversely impacted the United States, which will now put Tariffs on $11 Billion of EU products! The EU has taken advantage of the U.S. on trade for many years. It will soon stop!-- Donald J. Trump (@realDonaldTrump) April 9, 2019The stock market stumbled on the news, with the Dow falling more than 200 points, though it did bounce back into the close after the "smart money" jumped in later in the afternoon.So, what does this mean for stocks going forward? And should you be worried?My answer is no. That said, I also suggest taking a more domestic investing approach.The U.S. is the oasis around the world. Our economy is resilient and on track for solid 2% growth this year. That makes the United States a safe haven for investors all over the world. (The strong dollar is great evidence of that.) So, the best investments remain in domestic companies.But it's not always that simple, since many stocks are multinationals these days.This being the case, you don't want to "throw the baby out with the bathwater" by ditching great investments. But, at the same time, you certainly don't want your portfolio dragged down by too much exposure to the situations I mentioned before.That's where my Portfolio Grader comes in.My ratings tool does not know what Theresa May, Donald Trump, Angela Merkel, or anyone else is doing and saying. But it does know where big money is flowing. And when that nozzle shuts off, it's time to take a second look. Over many years, I've found that this type of money flow is the biggest determining factor in an investment's success (or failure).You also want to look at the fundamentals. And if a multinational company's earnings, sales, cash flow, etc. aren't so hot now…then its exposure to Brexit and trade wars certainly isn't going to help matters!With that in mind, these are stocks to watch -- and avoid:Company Symbol Quantitative Grade Fundamental Grade International Game Technology PLC NYSE:IGT F D MoneyGram International NASDAQ:MGI F C Nordic American Offshore Ltd. NYSE:NAO F C Nomura Holdings (ADR) NYSE:NMR F F Ryanair Holdings PLC (ADR) NASDAQ:RYAAY F D Telecom Italia (ADR) NYSE:TI.A F D Venator Materials PLC NYSE:VNTR F D Some of them are U.K.-based, right in the middle of the Brexit mess. Nomura is not only Japan's largest asset manager -- but does plenty of European business from its London office. Telecom Italia isn't faring much better, with the economic malaise there. And the rest have exposure to all sorts of troubled economies.As you can see, Portfolio Grader gives all of these vulnerable stocks an "F" for their Quantitative Score, my proprietary indicator of money flow.Instead, money is flooding into stocks that have much stronger fundamentals, AND another key factor of success: a healthy dividend.By that, I mean a dividend with a long history…that's growing over time…and comes from a business that can sustain that in the future.In a world of slow growth -- and no yield -- these are the companies that will do well on Wall Street…while the others struggle.I call them "Money Magnets." And you can see exactly what makes them such a compelling opportunity at this link.Even in troubled times, money has to go somewhere. It'll just go into fewer and fewer stocks.Which makes these stocks a cash cow to those of us who get positioned now.It's not too late. But I'd hate for anyone to look back on this in a few months, and wish they'd acted. Because there won't be much I can do about it then.So, be sure to check out my Money Magnets briefing -- free at this link.Compare Brokers The post 7 Vulnerable Stocks to Watch On Brexit News and Trade Wars appeared first on InvestorPlace.
How Square Is Working to Create New Revenue Sources(Continued from Prior Part)World Bank says $690 billion remitted globallySquare (SQ) and PayPal (PYPL) compete in many areas, from making business and consumer loans to processing payments for
The family of an American killed when a Malaysian Airlines plane was shot down over Ukraine in 2014 filed a lawsuit on Thursday against U.S.-based money transfer companies and two Russian banks they accuse of providing services to the group they blame for striking Flight MH17. MH17 was brought down over territory held by pro-Russian separatist forces in eastern Ukraine as it flew from Amsterdam to the Malaysian capital Kuala Lumpur, killing all 298 people on board. American Quinn Lucas Schansman, 18, was aboard MH17 on his way to meet his parents for a family vacation.
DALLAS, April 2, 2019 /PRNewswire/ -- MoneyGram (MGI) announced today that, in conjunction with First Abu Dhabi Bank, payit wallet – the first fully-featured digital wallet in UAE – is now connected to MoneyGram's innovative, cross-border money transfer platform with full access to the global MoneyGram network and the 50 million people that use the MoneyGram platform annually. With the World Bank estimating that individuals in the UAE send over $44 billion in remittances each year, and with smartphone penetration in the country now approaching 80%, the partnership enables more consumers in the UAE to send money from their payit wallet balance to friends and family in more than 200 countries and territories.
“I doubt we’ll be selling to the Russians,” MoneyGram CEO Alex Holmes said in an interview with the Dallas Business Journal. “I’m thinking China is definitely off the table. But there could be some buyers out there who have some unique business models that don’t necessarily cause a national security risk more globally or for the United States because of the general nature of those markets.”
SAN DIEGO, CA / ACCESSWIRE / March 19, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit was filed by a current investor in shares of MoneyGram International, Inc. (MGI) against MoneyGram International, Inc. Investors, who purchased shares of MoneyGram International, Inc. (MGI) certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554. The plaintiff seeks to enforce the right to inspect certain corporate books and records of MoneyGram International.
A Look at PayPal’s International Opportunities and Challenges(Continued from Prior Part)Xoom global transfer limit raised to $50,000Early this month, in a challenge to Western Union (WU) and MoneyGram (MGI), PayPal (PYPL) raised the upper limit of