$WU

6 stories mentioning WU

Every FINWIRES story that references WU, newest first.

Sector Update: Financial Stocks Decline Late Afternoon

Financial stocks fell in late Friday afternoon trading with the NYSE Financial Index declining 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) decreasing 0.7%.The Philadelphia Housing Index dropped 0.5%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) shed 0.2%.Bitcoin (BTC-USD) fell 0.3% to $77,594, and the yield for 10-year US Treasuries decreased 2.1 basis points to 4.30%.In economic news, the University of Michigan consumer sentiment index was revised upward to 49.8 for April from 47.6 in the preliminary estimate, compared with expectations for a smaller upward revision to 48.5 in a survey compiled by Bloomberg.In sector news, US Attorney General for the District of Columbia Jeanine Pirro ordered her office to close its investigation into Federal Reserve Chair Jerome Powell.In corporate news, Western Union (WU) shares dropped 4.2% after the company reported Q1 adjusted earnings that fell more than Wall Street expected.Apollo Commercial Real Estate Finance (ARI) completed the sale of its $9 billion commercial real estate loan portfolio to Athene Holding, following an agreement announced in January. Apollo Commercial's stock rose 0.7%.KKR (KKR) and investment management company Capital Group are planning to launch a public-private credit fund in Asia in H2, Bloomberg reported. KKR shares rose 0.1%.Blackstone (BX), KKR and Apollo Global Management (APO) are negotiating to take control of Medallia from Thoma Bravo, after the software maker defaulted on loans of about $3 billion, the Wall Street Journal reported. Blackstone shares fell 0.5%, and Apollo lost 0.2%.

$APO$ARI$BX$KKR$WU

Sectors52d ago

Sector Update: Financial Stocks Softer Friday Afternoon

Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index down 0.1% and the State Street Financial Select Sector SPDR ETF (XLF) decreasing 0.6%.The Philadelphia Housing Index was slipping 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was fractionally lower.Bitcoin (BTC-USD) was adding 0.5% to $77,629, and the yield for 10-year US Treasuries was decreasing 1.3 basis points to 4.31%.In economic news, the University of Michigan consumer sentiment index was revised upwards Friday to a reading of 49.8 for April from the 47.6 print in the preliminary estimate, compared with expectations for a smaller upward revision to 48.5 in a survey compiled by Bloomberg.In sector news, US Attorney General for DC Jeanine Pirro said Friday on X that she has ordered her office to close its investigation into Federal Reserve Chair Jerome Powell.In corporate news, Western Union (WU) shares dropped 3.4% after it reported Q1 adjusted earnings Friday that declined year on year and missed analysts' estimates.Apollo Commercial Real Estate Finance (ARI) shares added 0.6% after it said Friday that it has completed the sale of its $9 billion commercial real estate loan portfolio to Athene Holding, following an agreement announced in January.KKR (KKR) and investment management company Capital Group are planning to launch a public-private credit fund in Asia this year, Bloomberg reported. The fund is expected to launch in H2 and follows a similar one started by the two companies in the US in 2025, Bloomberg reported, citing Capital Group Chief Executive Mike Gitlin. KKR shares increased 0.6%.

$ARI$KKR$WU

Sectors52d ago

Sector Update: Financial

Financial stocks were lower in Friday afternoon trading, with the NYSE Financial Index down 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) decreasing 0.6%.The Philadelphia Housing Index was slipping 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was easing 0.1%.Bitcoin (BTC-USD) was shedding 0.7% to $77,665, and the yield for 10-year US Treasuries was decreasing 1.7 basis points to 4.306%.In corporate news, Western Union (WU) shares dropped 4% after it reported Q1 adjusted earnings Friday that declined year on year and missed analysts' estimates.

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Sectors52d ago

Sector Update: Financial Stocks Decline Premarket Friday

Financial stocks were declining premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) down 0.4%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.1% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.3%.Western Union (WU) shares were down more than 10% after the company posted lower Q1 adjusted earnings and revenue.Jefferies Financial Group (JEF) stock was 0.5% lower after the company priced its public offering of $1.1 billion of 5.125% senior notes due April 28, 2031.First Hawaiian (FHB) shares were up 1.7% after the company reported higher Q1 earnings and revenue.

$FAS$FAZ$FHB$JEF$WU$XLF

Sectors52d ago

Sector Update: Financial

Financial stocks were declining premarket Friday, with the State Street Financial Select Sector SPDR ETF (XLF) down 0.5%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.4% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.7%.Western Union (WU) shares were down more than 11% after the company posted lower Q1 adjusted earnings and revenue.

$WU

Research52d ago

Research Alert: Wu Q1: Digital Progress Overshadowed By Margin Collapse And North America Drag

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:WU posted Q1 2026 revenue of $983M (flat Y/Y), beating consensus by $20M, while adjusted EPS of $0.25 fell 39% and missed the Street's $0.39 estimate. Operating margin compressed to 13% from 18% due to higher expenses and discrete items, including foreign currency losses. The Branded Digital business provided a bright spot with 9% revenue growth and 21% transaction growth, now representing 32% of CMT revenues, demonstrating progress in transformation efforts, though insufficient to offset traditional retail declines. Management reaffirmed 2026 guidance of 5%-8% revenue growth and $1.75-$1.85 adjusted EPS, contingent on the expected Q2 Intermex acquisition closing. Consumer Services surged 24% to $137M, owing to Travel Money expansion, while Consumer Money Transfer declined 3% with North America falling 11%. We believe WU faces persistent structural challenges as competitive pressures from digital alternatives continue pressuring traditional channels, making margin expansion difficult despite digital momentum.

$WU