- Western Union (WU) reports total C2C transactions increased 9% in Q4 as pricing initiatives spurred demand.
- Those same pricing initiatives cut into operating margin, as the rate dropped to 16.8% for the period compared to 20.1% a year ago.
- The company approved a new $500M share repurchase plan with an expiration date of June 30, 2015.
- FY14 EPS guidance is set at $1.40-$1.50 vs. $1.46 consensus.
- WU -1.3% AH
More on Western Union's Q4
Feb 11 2014, 16:11 ET