Inside Wall Street: Western Union Could Deliver Money for Investors
The global economic downturn has dampened the otherwise ebullient worldwide business of consumer money transfers. So when Western Union (WU) in early February forecast sales and earnings for 2010 that were below Wall Street’s consensus estimates, its stock quickly took a tumble. Trading at nearly $20 a share in early February 2010, the shares dropped to $15 by Mar. 10.
Investors, however, may have…
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Inside Wall Street: Western Union Could Deliver Money for Investors originally appeared on DailyFinance on Mon, 22 Mar 2010 07:30:00.
Filed Under: Company News, Columns, Investing, Western Union
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Inside Wall Street: Western Union Could Deliver Money for Investors
Tags: and-earnings, best-stories, consumer-money, dampened-the, filed-under, global-economic, money-transfer, news, pfe, prepaid cards
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