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MoneyGram Shares Jump 50% As Western Union Reportedly Looks For Acquisition
Tuesday, June 2, 2020 - 7:44am | 479The shares of MoneyGram International Inc. (NASDAQ: MGI) skyrocketed on Monday and premarket session on Tuesday, as Bloomberg reported that Western Union (NYSE: WU) is looking to acquire the payments company. What Happened Western Union has made a takeover offer to MoneyGram, but an agreement...
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4 Reasons Why JMP Is Bullish On International Money Express
Monday, July 30, 2018 - 4:09pm | 443The bullish case for International Money Express (NASDAQ: IMXI), a financial technology company that facilitates money transfers from the U.S. to 17 countries in Latin America and the Caribbean, can be made for four reasons, according to JMP. The Analyst Analyst David Scharf initiated...
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Here's Why Moneygram International Surged 14%
Monday, February 1, 2016 - 4:00pm | 282Shares of Moneygram International Inc (NASDAQ: MGI) surged on Monday after the company announced the extension of its new partnership with Wal-Mart Stores, Inc. (NYSE: WMT). Shares of Moneygram opened for trading at $5.56 and hit an intra-day high of $7.09. However, the stock gave up some of...