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Re: dDT post# 550218

Friday, 10/31/2014 8:10:21 AM

Friday, October 31, 2014 8:10:21 AM

Post# of 648882
MGI
Wal-Mart effect slams results at MoneyGram International

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.

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