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Western Union - WU STOCK NEWS

Welcome to our dedicated page for Western Union news (Ticker: WU), a resource for investors and traders seeking the latest updates and insights on Western Union stock.

Western Union (WU) is a global leader in cross-border money transfers and digital payment solutions, serving individuals and businesses through its extensive network of locations and online platforms. This dedicated news hub provides investors and financial professionals with timely updates on corporate developments shaping the remittance industry.

Track official press releases, earnings reports, and strategic announcements to stay informed about Western Union's market position. Our curated news collection covers regulatory updates, partnership agreements, technology innovations, and operational expansions – all critical for assessing the company's performance in the competitive financial services sector.

Key areas of coverage include digital transformation initiatives, compliance developments in global markets, and strategic partnerships enhancing Western Union's agent network. This resource eliminates the need to monitor multiple sources, offering a centralized repository for due diligence and investment research.

Bookmark this page for direct access to Western Union's latest financial communications and market-moving updates. Combine historical context with real-time developments to better understand this established player in international money transfers.

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Visa and Western Union announce a 7-year agreement to enable customers to send money to friends and family globally. The deal includes issuing Visa Debit Cards, integration with Visa Direct, and value-added services for humanitarian relief. The collaboration aims to provide fast, secure, and convenient cross-border payment solutions.
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The Western Union Company (WU) will present at the Wolfe Research FinTech Forum on Mar. 14, with CEO Devin McGranahan speaking. Investors can access the webcast on the company's website.
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The Western Union Company (WU) will present at the Citi FinTech Conference on Feb. 27. The presentation by CFO Matt Cagwin will start at 1:15 p.m. ET. Investors can access the webcast on the company's website.
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Western Union and Mercado Pago expand their partnership to allow US and Canadian customers to send money to Mercado Pago wallet accounts in Mexico, enhancing geographic reach and convenience.
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The Western Union Company (WU) reported Q4 GAAP revenue of $1.05 billion, down 4% on a reported basis, or up 3% on an adjusted basis. Q4 GAAP EPS was $0.35, down 46%, and Q4 adjusted EPS was $0.37, up 16%. Consumer Money Transfer transactions grew 5% in Q4, with nearly $800 million in operating cash flow in 2023. The company's full year 2023 revenue of $4.36 billion declined 3% on a reported basis or grew 4% on a constant currency basis. The Q4 financial results showed a GAAP operating margin of 15.1%, with an adjusted operating margin of 16.1%. The company returned approximately $646 million to shareholders in dividends and share repurchases in 2023.
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Western Union Company (WU) will discuss fourth quarter 2023 results in a webcast and conference call hosted by CEO Devin McGranahan and CFO Matt Cagwin. The press release with financial results will be issued on Feb. 6 at 4:05 p.m. ET. Registration is required for the event, and a webcast replay will be available. Telephone options for listening to the conference call are also provided.
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The Western Union Company (NYSE: WU) appoints Julie Cameron-Doe to the Board of Directors, effective December 12. Ms. Cameron-Doe brings extensive finance experience and a growth mindset, having served as CFO of Wynn Resorts and Aristocrat Leisure. She will contribute to Western Union's expansion and value propositions for aspiring populations worldwide.
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The Western Union Company (NYSE: WU) declared a quarterly cash dividend of $0.235 per common share, payable on December 29, 2023, to stockholders of record on December 20, 2023.
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Western Union (WU) continues to expand its network of concept stores and company-owned hubs in Europe, having now inaugurated 100 locations across the Continent. This forms part of the company's global retail strategy, aiming to offer customers enhanced service and, ultimately, enable them to enjoy an omni-channel experience. The network represents an investment by Western Union in its retail presence in Europe, while supporting local micro-entrepreneurs and financial inclusion in migrant communities. It covers 13 European markets to date, including Spain, Italy, France, Germany, the United Kingdom and others. The company has plans to significantly expand the number of stores and hubs across Europe through 2025.
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The Western Union Company (NYSE: WU) to present at UBS Global Technology Conference on Nov. 28, featuring CFO Matt Cagwin. Investors can access the webcast on www.westernunion.com.
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Western Union

NYSE:WU

WU Rankings

WU Stock Data

3.28B
329.40M
0.41%
95.35%
7.21%
Credit Services
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United States
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