About the Company
The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph companies. It dominated the American telegraphy industry from the 1860s to the 1980s, pioneering technology such as telex and developing a range of telegraph-related services, including wire money transfer, in addition to its core business of transmitting and delivering telegram messages. After experiencing financial difficulties, it began to move its business away from communications in the 1980s and increasingly focused on its money-transfer services. It ceased its communications operations completely in 2006, at which time The New York Times described it as "the world's largest money-transfer business" and added that the company would remain as such due to the large number of immigrants wiring money home. From the perspective of the history of technology, Western Union notably completed the first transcontinental telegraph in 1861, being a part of U.S. industry's investments into developing American communications between the coasts of the Atlantic Ocean and the Pacific Ocean. The first messages went to then President of the U.S. Abraham Lincoln.
Exchange
NYSE
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Latest News on Western Union CO
Western Union Co. stock falls Monday, underperforms market
Shares of Western Union Co. WU shed 2.85% to $11.59 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.18% to 5,853.98 and ...
Western Union Co. stock rises Thursday, still underperforms market
Shares of Western Union Co. WU rallied 1.31% to $11.62 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 2.30% to 5,319.31 ...
The Western Union (WU) Q3 2018 Results - Seeking Alpha
The Western Union Co. (NYSE:WU) Q3 2018 Earnings Call November 1, 2018 4:30 PM ETExecutivesMichael Alan Salop - The Western Union Co.Hikmet Ersek - The ...
The Western Union Co (W3U.HA) - Yahoo Finance
Western Union: Q2 Earnings Snapshot DENVER (AP) — Western Union Co. (WU) on Monday reported second-quarter profit of $122.1 million. On a per-share basis, the Denver-based company said it had net ...
Western Union Co reports Q3 revenue $1.4 billion | Reuters
* Western Union Co sees 2017 GAAP operating margin of approximately 17% and adjusted operating margin of approximately 20% * Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S Source ...
The Western Union (WU) Q2 2018 Results - Seeking Alpha
The Western Union Co. (NYSE:WU) Q2 2018 Earnings Call August 2, 2018 4:30 PM ETExecutivesMichael Alan Salop - The Western Union Co.Hikmet Ersek - The ...
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