Western Union News
Wal-Mart is trying to shake up the money transfer industry with a new service that undercuts Western Union and MoneyGram with lower and simplified fees.
Why The Western Union Company, BB&T Corporation, and International Business Machines Are Today’s 3 Worst StocksYahoo 04/17 20:04 ET
Wal-Mart unveiled a new money transfer service, a move that caters to the retailing giant's low-income customers as the number of people without traditional checking or savings accounts grows.
Market Wrap: Initial Claims Show Modest Gain; GE Bring on Q1 Beat; Wal-mart Gets into Money-Transfer GameStreet Insider 04/17 17:09 ET
Western Union Company was a leading decliner within the financial services industry, falling $0.80 (-5.0%) to $15.25 on heavy volume
Moneygram International (MGI) stock is plummeting on Thursday after retail giant Walmart (WMT) announced exclusive money transfer service Walmart-2-Walmart. The world's largest retailer said the service, similar to Moneygram's, will bring lower fees and simplicity to the money transfer market.
TheStreet highlights 3 stocks pushing the financial services industry lower today.