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MGI

MoneyGram International, Inc.

5/22/2013, 12:05 PM ET

Quote & Headlines Market Currents StockTalk

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| Dividends
| M&A
| On the move

Thursday, May 2, 7:23 AM Moneygram (MGI): Q1 EPS of $0.27 beats by $0.03. Revenue of $340.5M (+7% Y/Y) beats by $. (PR) Comment! [Earnings, Breaking News]
Thursday, May 2, 12:05 AM Notable earnings before Thursday’s open: ABMD, ACOR, ACT, AEE, ANR, ANSS, ARG, ARQL, ATK, AYR, BDBD, BDX, BEAM, BGCP, BZH, CAH, CEVA, CHD, CI, CME, CNP, CPN, CTRX, DIN, DNR, EL, ELNK, FIG, FLY, FNP, FWLT, GEL, GG, GIL, GM, GNRC, GOLD, HAR, HK, HSH, INCY, INGR, IP, IRDM, IT, ITT, K, LF, LQDT, LXP, MDC, MFC, MGI, MGM, MMC, MMP, MWW, NIHD, NNN, NUS, OCN, OGE, OXF, OZM, PCG, PPL, PWR, PXP, RGLD, RNO, SBH, SFY, SHPG, SNI, SPR, SRE, STRA, TEVA, VMC, VRX, WNR, WPX, WWE, XEL Comment! [Earnings]
Wednesday, May 1, 5:30 PM Notable earnings before Thursday’s open: ABMD, ACOR, ACT, AEE, ANR, ANSS, ARG, ARQL, ATK, AYR, BDBD, BDX, BEAM, BGCP, BZH, CAH, CEVA, CHD, CI, CME, CNP, CPN, CTRX, DIN, DNR, EL, ELNK, FIG, FLY, FNP, FWLT, GEL, GG, GIL, GM, GNRC, GOLD, HAR, HK, HSH, INCY, INGR, IP, IRDM, IT, ITT, K, LF, LQDT, LXP, MDC, MFC, MGI, MGM, MMC, MMP, MWW, NIHD, NNN, NUS, OCN, OGE, OXF, OZM, PCG, PPL, PWR, PXP, RGLD, RNO, SBH, SFY, SHPG, SNI, SPR, SRE, STRA, TEVA, VMC, VRX, WNR, WPX, WWE, XEL Comment! [Earnings]
Friday, February 15, 5:00 PM Xoom (XOOM) IPO buyers can't complain about the company's first day of trading. Shares continued to rally following a sizable pop at the open, and finished the day at $25.49, up 59.3%. Western Union (WU +1.8%) and MoneyGram (MGI +0.8%) may have received a slight boost from the offering. (previous: I, II) Comment! [Tech, On the Move, Financials]
Friday, February 15, 10:04 AM Online money transfer service Xoom (XOOM) has priced its IPO at $16, above a prior range of $13-$15. That gives Xoom, which is selling 5.2M new shares and 1.1M on behalf of insiders, a valuation of $509M. The company posted 2012 revenue of $80M (+60% Y/Y) and a net loss of $5.8M. Gross sending volume rose 90% to $3.25B. For reference, incumbents Western Union (WU) and MoneyGram (MGI) respectively had 2012 sales of $5.66B and $1.34B. (S-1) Comment! [Tech]
Wednesday, February 6, 7:08 AM Moneygram (MGI): Q4 EPS of $0.28 beats by $0.02. Revenue of $354.4M (+10% Y/Y) beats by $8.42M. (PR) Comment! [Earnings, Breaking News]
Friday, January 11, 4:18 PM Online international money transfer service Xoom is filing for a $50M IPO under the ticker XOOM. Xoom, which competes most directly with Western Union (WU) and Moneygram (MGI), is stocked with ex-PayPal execs and saw $3.25B worth of gross sending volume in 2012 (up over 3x Y/Y). It generated revenue of $57.8M (+68% Y/Y) over the first 9 months of 2012, and a net loss of $4.4M. Xoom's filing comes at a time when PayPal and Moneygram are drawing closer. (S-1) 1 Comment [Tech]
Friday, November 9, 2012, 7:42 AM MoneyGram (MGI) reaches a settlement with the U.S. government that will end a previously-disclosed criminal probe. The company says it will pay $100M to victims of an alleged fraud with the funds coming from money already set aside during Q2 and Q3 of this year. Comment! [Consumer]
Friday, November 9, 2012, 7:16 AM Moneygram International (MGI): Q3 EPS of -$0.77 misses by $-1.04. Revenue of $338.6M (+5.2% Y/Y) misses by $5M. (PR) Comment! [Earnings, Financials]
Monday, October 22, 2012, 9:13 AM MoneyGram (MGI) and PayPal (EBAY) sign a deal to that will allow customers to put cash in and take funds out of their PayPal accounts at MoneyGram outlets across the globe. The companies maintain the agreement marks the first time the unbanked will have a way to tap into the e-commerce system. 1 Comment [Consumer, Tech]
Monday, October 1, 2012, 12:45 PM Midday top 10 gainers: CRDN +43%. FONR +34%. BIOF +19%. VSR +17%. MTG +16%. SNTA +16%. VSNT +15%. PATK +14%. MGI +12%. SFUN +12%.
Top 10 Losers: NC -65%. TYC -49%. GMAN -24%. BYFC -17%. THLD -17%. PPHM -16%. GNI -11%. OCZ -10%. ROSG -10%. CYTX -8%. 1 Comment [On the Move]
Thursday, July 26, 2012, 6:26 AM Moneygram (MGI): Q2 EPS of $0.23 in-line. Revenue of $330.1M (+6.5% Y/Y) misses by $2M. (PR) Comment! [Earnings, Financials]
Sunday, June 3, 2012, 5:14 AM Western Union (WU), MoneyGram (MGI) and other money-transferring firms will next year have to provide more fee disclosure to customers under Dodd-Frank. However, the new rules aren't expected to bring more competition - as per their goal - and a fall the pricey charges. That's partly due to WU's reach, leaving it in position to benefit from the expected growth in its industry. Comment! [Financials, Consumer]
Thursday, April 26, 2012, 10:56 AM Moneygram International (MGI): Q1 EPS of $0.22 beats by $0.02. Revenue of $318M (+8.2% Y/Y) beats by $4M. (PR) Comment! [Earnings, Financials]
Friday, March 30, 2012, 12:50 PM A number of payment processing stocks are getting tossed around after news breaks that Global Payments could be the culprit behind the security breach of credit card data. Decliners: HPY -2.5%, MGI -0.8%, NEWT -1.4%, FLT -0.7%, UEPS -2.0%. Comment! [Tech, On the Move]
Friday, February 3, 2012, 6:22 AM Moneygram International (MGI): Q4 EPS of $0.04 may not be comparable to consensus of $0.21. Revenue of $321.8M (+6.1% Y/Y) misses by $3M. (PR) Comment! [Earnings, Financials]