MGI Stock Recent News
MGI LATEST HEADLINES
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.
MoneyGram is working with homegrown wallet Lynk so customers can receive remittances, which will aid its digital push.
MoneyGram (MGI) partners with the mobile wallet of Jamaica - Lynk, to enable consumers of the country to receive hassle-free remittances through their smartphones.
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.
MoneyGram International's (MGI) Q4 results reflect record-high digital revenues and digital transactions growth. The company benefits from lower operating expenses and increased investment income.