The Western Union Company (WU, Financial) filed Quarterly Report for the period ended 2010-09-30.
The Western Union Company has a market cap of $11.86 billion; its shares were traded at around $18.18 with a P/E ratio of 13.8 and P/S ratio of 2.3. The dividend yield of The Western Union Company stocks is 1.4%. The Western Union Company had an annual average earning growth of 3.2% over the past 5 years.WU is in the portfolios of Todd Combs of Castle Point Capital Management, LLC, Mark Hillman of Hillman Capital Management, John Griffin of Blue Ridge Capital, Manning & Napier Advisors, Inc, Bill Nygren of Oak Mark Fund, Jeff Auxier of Auxier Focus Fund, Bill Frels of Mairs & Power Inc. , Pioneer Investments, John Buckingham of Al Frank Asset Management, Inc., David Dreman of Dreman Value Management, Donald Yacktman of Yacktman Asset Management Co., Bruce Kovner of Caxton Associates, Paul Tudor Jones of The Tudor Group, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors, Murray Stahl of Horizon Asset Management, Chris Davis of Davis Selected Advisers, Chuck Royce of Royce& Associates.
For the three months ended September 30, 2010 compared to the corresponding period in the prior year, consolidated revenue increased 1% due to consumer-to-consumer transaction growth and the acquisition of Custom House, which contributed $26.8 million to revenue in 2010 and $7.9 million in 2009. Offsetting these factors were price decreases, primarily related to pricing reductions taken in the domestic business (transactions between and within the United States and Canada) commencing in the fourth quarter of 2009, the strengthening of the United States dollar compared to most other foreign currencies, which negatively impacted revenue growth by approximately 2%, declines in our United States bill payments businesses and geographic and product mix,
For the nine months ended September 30, 2010 compared to the corresponding period in the prior year, consolidated revenue increased 2% due to consumer-to-consumer transaction growth and the acquisition of Custom House, which contributed $80.9 million to revenue in 2010 and $7.9 million in 2009. Offsetting these factors were price decreases, primarily related to pricing reductions taken in the domestic business commencing in the fourth quarter of 2009, declines in our United States bill payments businesses and geographic mix and product mix, including a higher percentage of revenue earned from intra-country activity.
Read the The complete Report
The Western Union Company has a market cap of $11.86 billion; its shares were traded at around $18.18 with a P/E ratio of 13.8 and P/S ratio of 2.3. The dividend yield of The Western Union Company stocks is 1.4%. The Western Union Company had an annual average earning growth of 3.2% over the past 5 years.WU is in the portfolios of Todd Combs of Castle Point Capital Management, LLC, Mark Hillman of Hillman Capital Management, John Griffin of Blue Ridge Capital, Manning & Napier Advisors, Inc, Bill Nygren of Oak Mark Fund, Jeff Auxier of Auxier Focus Fund, Bill Frels of Mairs & Power Inc. , Pioneer Investments, John Buckingham of Al Frank Asset Management, Inc., David Dreman of Dreman Value Management, Donald Yacktman of Yacktman Asset Management Co., Bruce Kovner of Caxton Associates, Paul Tudor Jones of The Tudor Group, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors, Murray Stahl of Horizon Asset Management, Chris Davis of Davis Selected Advisers, Chuck Royce of Royce& Associates.
Highlight of Business Operations:
We incurred expenses of $14.0 million and $48.5 million for the three and nine months ended September 30, 2010, respectively, for restructuring and related activities, which have not been allocated to segments. No restructuring and related expenses were recognized in the corresponding periods in 2009. While these items are identifiable to our segments, they are not included in the measurement of segment operating profit provided to the chief operating decision maker (CODM) for purposes of assessing segment performance and decision making with respect to resource allocation. For additional information on restructuring and related activities refer to Operating expenses overview.For the three months ended September 30, 2010 compared to the corresponding period in the prior year, consolidated revenue increased 1% due to consumer-to-consumer transaction growth and the acquisition of Custom House, which contributed $26.8 million to revenue in 2010 and $7.9 million in 2009. Offsetting these factors were price decreases, primarily related to pricing reductions taken in the domestic business (transactions between and within the United States and Canada) commencing in the fourth quarter of 2009, the strengthening of the United States dollar compared to most other foreign currencies, which negatively impacted revenue growth by approximately 2%, declines in our United States bill payments businesses and geographic and product mix,
For the nine months ended September 30, 2010 compared to the corresponding period in the prior year, consolidated revenue increased 2% due to consumer-to-consumer transaction growth and the acquisition of Custom House, which contributed $80.9 million to revenue in 2010 and $7.9 million in 2009. Offsetting these factors were price decreases, primarily related to pricing reductions taken in the domestic business commencing in the fourth quarter of 2009, declines in our United States bill payments businesses and geographic mix and product mix, including a higher percentage of revenue earned from intra-country activity.
Read the The complete Report
