- MoneyGram International (NASDAQ:MGI) reports a 3% drop in money transfer transaction during Q3. The mark is +11% if transactions from Wal-Mart are backed out of the comparison.
- U.S.-to-U.S. transactions -37% Y/Y.
- U.S. outbound transactions +15%.
- The company notes that a white label product from Wal-Mart impacted its level of business activity during the quarter.
- MGI -10.4% premarket.