WU has been in the news 450% more than usual
Oct 24, 2024, 2:30 AM
-5.97%
What does WU do
Western Union Co., headquartered in Denver, provides global money transfer and payment services through its Consumer Money Transfer and Consumer Services segments, employing 9,000 staff. The company went public on September 20, 2006.
WU has been in the news recently: Western Union reported a revenue of $1.04 billion for Q3 2024, a 6% decline, while its GAAP EPS rose to $0.78 due to growth in Branded Digital and Consumer Services. Additionally, Western Union has reached a conditional agreement to acquire Singtel's mobile wallet Dash, which has over 1.4 million users, pending regulatory approvals.
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