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United Kingdom

MoneyGram International Inc (MGI.OQ)

MGI.OQ on NASDAQ Stock Exchange Global Select Market

6.24USD
17 Aug 2018
Change (% chg)

$-0.02 (-0.32%)
Prev Close
$6.26
Open
$6.25
Day's High
$6.29
Day's Low
$6.10
Volume
153,844
Avg. Vol
109,922
52-wk High
$17.06
52-wk Low
$5.72

Latest Key Developments (Source: Significant Developments)

Moneygram International Reports Q2 Adj. Earnings $0.21/Shr
Friday, 3 Aug 2018 

Aug 3 (Reuters) - MoneyGram International Inc ::MONEYGRAM INTERNATIONAL REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.Q2 EARNINGS PER SHARE $0.03.Q2 EARNINGS PER SHARE VIEW $0.16 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $374.6 MILLION VERSUS I/B/E/S VIEW $387.9 MILLION.Q2 ADJUSTED EARNINGS PER SHARE $0.21.MONEYGRAM INTERNATIONAL QTRLY MONEYGRAM.COM REVENUE GREW 17% PRIMARILY FROM NEW CUSTOMER ACQUISITIONS.ESTIMATES FULL YEAR 2018 CONSTANT CURRENCY REVENUE TO DECLINE BETWEEN 4% AND 6%.MONEYGRAM INTERNATIONAL - QTRLY DIGITAL REVENUE REPRESENTED 16% OF TOTAL MONEY TRANSFER REVENUE.FULL YEAR 2018 ADJUSTED EBITDA ON A CONSTANT CURRENCY BASIS IS EXPECTED TO DECLINE BETWEEN 8% AND 10%.COMPANY INCURRED $5.5 MILLION OF RESTRUCTURING EXPENSES IN Q2.EXPECTS TO SPEND AN ADDITIONAL $3 TO $5 MILLION OVER LIFE OF PROGRAM.MONEYGRAM INTERNATIONAL - EXPECTS EFFICIENCIES WILL RESULT IN $30 MILLION OF EXPENSE REDUCTIONS IN 2018.  Full Article

MoneyGram And Grupo Elektra Extend Partnership In Mexico
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - MoneyGram International Inc ::MONEYGRAM AND GRUPO ELEKTRA EXTEND PARTNERSHIP IN MEXICO.MONEYGRAM - CO, GRUPO ELEKTRA, HAVE EXTENDED THEIR AGREEMENT TO PROVIDE MONEY TRANSFER SERVICES INSIDE ELEKTRA LOCATIONS IN MEXICO THROUGH 2021.  Full Article

MoneyGram Launches Online Platform In Five New Countries
Wednesday, 18 Jul 2018 

July 18 (Reuters) - MoneyGram International Inc ::MONEYGRAM - LAUNCH OF ONLINE PLATFORM IN FIVE NEW COUNTRIES.  Full Article

Moneygram And Uk Post Office Extend Long-Term Partnership
Tuesday, 10 Jul 2018 

July 10 (Reuters) - MoneyGram International Inc ::MONEYGRAM AND UK POST OFFICE EXTEND LONG-TERM PARTNERSHIP.MONEYGRAM INTERNATIONAL - CO & POST OFFICE LTD EXTENDED AGREEMENT TO PROVIDE MONEY TRANSFER SERVICES INSIDE UK POST OFFICE LOCATIONS THROUGH 2021.  Full Article

Moneygram International Q1 Earnings Per Share $0.11
Tuesday, 8 May 2018 

May 7 (Reuters) - MoneyGram International Inc ::MONEYGRAM INTERNATIONAL REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.11.Q1 EARNINGS PER SHARE VIEW $0.26 -- THOMSON REUTERS I/B/E/S.Q1 ADJUSTED EARNINGS PER SHARE $0.15.Q1 REVENUE $380 MILLION VERSUS I/B/E/S VIEW $386.3 MILLION.MONEYGRAM INTERNATIONAL - Q1 MONEY TRANSFER REVENUE $336.6 MILLION, DOWN 1% ON REPORTED BASIS AND DOWN 6% ON CONSTANT CURRENCY BASIS COMPARED TO Q1 2017.SEES FULL YEAR 2018 CONSTANT CURRENCY REVENUE TO DECLINE BETWEEN 4% AND 6%.FY 2018 ADJUSTED EBITDA ON A CONSTANT CURRENCY BASIS IS EXPECTED TO DECLINE BETWEEN 8% AND 10%.  Full Article

Moneygram.Com Expands To France And Spain
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Moneygram International Inc ::MONEYGRAM.COM EXPANDS TO FRANCE AND SPAIN.MONEYGRAM INTERNATIONAL INC - ‍ANNOUNCED MONEYGRAM.COM IS NOW AVAILABLE TO CUSTOMERS SENDING MONEY FROM FRANCE AND SPAIN​.  Full Article

Ripple And Moneygram Partner To Modernize Payments
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Moneygram International Inc ::RIPPLE AND MONEYGRAM PARTNER TO MODERNIZE PAYMENTS.MONEYGRAM INTERNATIONAL INC - AS PART OF AGREEMENT, BOTH COMPANIES WILL ALSO EXPLORE MONEYGRAM'S INTEGRATION INTO RIPPLE'S ECOSYSTEM THROUGH XVIA.  Full Article

Euronet Worldwide Issues Statement Regarding Termination Of MoneyGram And Ant Financial Merger Agreement
Wednesday, 3 Jan 2018 

Jan 2 (Reuters) - Euronet Worldwide Inc ::EURONET WORLDWIDE STATEMENT REGARDING THE TERMINATION OF THE MONEYGRAM AND ANT FINANCIAL MERGER AGREEMENT.BELIEVE THERE IS "COMPELLING COMMERCIAL LOGIC TO A COMBINATION BETWEEN EURONET AND MONEYGRAM​".EURONET WORLDWIDE - NO GUARANTEE ANY OFFER WILL BE MADE OR ANY TRANSACTION WILL ULTIMATELY OCCUR​.EURONET - "‍SIGNIFICANT DEVELOPMENTS" HAVE BEEN DISCLOSED BY MONEYGRAM SINCE CO'S OFFER; CO HAS NOT CONDUCTED ANY EVALUATION OF BUSINESS IN THAT TIME​.  Full Article

Moneygram And Ant Financial Announce Termination Of Amended Merger Agreement
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Moneygram International Inc ::MONEYGRAM AND ANT FINANCIAL ANNOUNCE TERMINATION OF AMENDED MERGER AGREEMENT.MONEYGRAM INTERNATIONAL INC - COMPANIES COMMIT TO NEW STRATEGIC COOPERATION.MONEYGRAM - COS MUTUALLY AGREED TO TERMINATE AMENDED MERGER AGREEMENT FOLLOWING INABILITY TO OBTAIN APPROVAL FOR DEAL FROM CFIUS.MONEYGRAM - CO, ANT FINANCIAL ALSO PLAN TO WORK TOGETHER ON "NEW STRATEGIC INITIATIVES" IN REMITTANCE AND DIGITAL PAYMENTS MARKETS.MONEYGRAM INTERNATIONAL INC - ANT FINANCIAL PAID CO A $30 MILLION TERMINATION FEE.MONEYGRAM - COS TO DEVELOP INITIATIVES FOR LOW-COST MONEY TRANSFER SERVICES INTO CHINA, INDIA, PHILIPPINES, OTHER ASIAN MARKETS.  Full Article

Moneygram Names W. Alexander Holmes To Succeed Pamela H. Patsley As Board Chairman In Feb. 2018
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Moneygram International Inc ::MONEYGRAM NAMES W. ALEXANDER HOLMES TO SUCCEED PAMELA H. PATSLEY AS CHAIRMAN OF THE BOARD OF DIRECTORS IN FEBRUARY 2018.MONEYGRAM INTERNATIONAL INC- FOLLOWING CHANGES, BOARD WILL CONSIST OF NINE DIRECTORS, SIX OF WHOM ARE INDEPENDENT.  Full Article

COLUMN-Commentary: China could yet win Trump’s trade war

Aug 6 If you want to know why Donald Trump shouldn’t expect to win a trade war against China, look no further than Alibaba, the country’s giant e-commerce version of Amazon. Last month, I had two in-depth conversations with Ming Zeng, the e-commerce giant’s head of strategic planning and among the smartest minds in business and finance in China. Ming made it clear that China has little real need for America any more – not U.S. products, but especially not U.S. ideas. When thwarted, C