MGI Stock Recent News
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MoneyGram International has appointed former Driven Brands chief financial officer (CFO) Gary W. Ferrera as its CFO.
MoneyGram International reportedly failed to secure lower borrowing costs on a $398 million leveraged loan before a deadline on Thursday (May 23).
Trustly and MoneyGram International have partnered to enable millions of MoneyGram users in Europe to make cardless international money transfers. With the service enabled by this collaboration, users can pay directly from their bank accounts when sending international money transfers through MoneyGram Online (MGO), the companies said in a Wednesday (March 20) press release.
MoneyGram plans to launch a non-custodial digital wallet that will offer new ways to send and receive cross-border payments. The wallet is set to debut in the first quarter of 2024 and will allow users to seamlessly move from fiat currency to digital currency and back again, the global FinTech company said in a Tuesday (Sept.
MoneyGram has received the final regulatory approval needed for its sale to Madison Dearborn Partners. Having received approval from the Reserve Bank of India, the companies now expect the previously announced transaction to close on or before June 1, MoneyGram said in a Thursday (May 4) press release.
MoneyGram has pushed back the expected date of its planned sale. The firm and the intended buyer, venture capital firm Madison Dearborn Partners (MDP), now expect to close the merger “late in the second quarter of 2023,” MoneyGram said in its quarterly report released Friday (April 28).
Investors are reportedly feeling uncertain about MoneyGram as a deadline nears for its planned sale. The company's stock dipped 2.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CELU, MGI, LRMR, EQRX and SRZN have been added to the Zacks Rank #1 (Strong Buy) List on April 12, 2023.
MGI made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 12, 2023.