UPDATE: Citi Upgrades Western Union Co. (WU) to Neutral

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. MA
9. FND
10. DASH

Go back to UPDATE: Citi Upgrades Western Union Co. (WU) to Neutral

Western Union expects better 2021 after COVID-19 hit, says CFO

November 3, 2020 2:40 PM EST

By Tom Arnold

LONDON (Reuters) - Western Union Co (NYSE: WU), the world's largest money transfer firm, expects an improved outlook for 2021 as people adjust to the novel coronavirus and on expectations for additional U.S. government stimulus to help the economy, its chief financial officer said on Tuesday.

Remittance flows, a vital source of external financing for developing countries, have tumbled this year as new migration has slowed and some existing migrant workers return to their... More