MoneyGram (MGI) Misses Q3 EPS by 13c; Removes Previous Guidance

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Go back to MoneyGram (MGI) Misses Q3 EPS by 13c; Removes Previous Guidance

MoneyGram International Delivers Self-Service Growth in Third Quarter 2014 Results

October 31, 2014 7:04 AM EDT

Self-service money transfer transactions grew 47 percent

Achieved strong U.S. outbound transaction and revenue growth of 15 percent Launched account deposit to leading banks in China with UnionPay International Reached securities settlement for gain of $15.8 million in October Announces new lower prices at all locations for U.S.-to-U.S. transfers

DALLAS, TX Oct. 31, 2014 (GLOBE NEWSWIRE) -- MoneyGram (NASDAQ: MGI), a leading money transfer company, today reported financial results for its third quarter ending September 30, 2014.

Money Transfer Highlights

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MoneyGram Introduces New Low Prices for U.S.-to-U.S. Money Transfers at Over 41,000 Locations

October 31, 2014 6:59 AM EDT

DALLAS, Texas October 31, 2014 (GLOBE NEWSWIRE) -- MoneyGram (NASDAQ: MGI), a leading global money transfer and payment services company, today announced new low prices at all U.S. locations for consumers sending money to family and friends within the United States. MoneyGram's convenient, reliable and fast money transfer services are now even more affordable.

For decades, millions of consumers around the world have trusted MoneyGram to send hard-earned wages to family and... More