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Western Union Co.

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Western Union’s Consumer to Consumer segment remains attractive and investment in technology bode well for growth. A strong balance sheet position and accretion from business improvement initiatives are the other positives. However, its Business Solutions unit has been underperforming, creating a drag on revenues. The company has been facing high compliance-related and restructuring charges, which weigh on its margins. The company is faced with a number of global economic headwinds, including foreign exchange volatility weakness in some of the economies, which have been limiting its profitability. The company's third-quarter 2018 operating earnings per share of 54 cents beat the Zacks Consensus Estimate by 8.33%. However, the bottom line declined by a cent year over year. Western Union’s shares have declined in a year's time comparing unfavorably against its industry’s gain.


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