Western Union Company (the) (WU) upgraded to Outperform by William Blair
William Blair rated Outperform Western Union Company (NYSE: WU) on 10/18/2011, when the stock price was $16.78.
Since then, Western Union Company has lost 2.03% as of 12/05/2013's recent price of $16.44. If you would have followed this William Blair's recommendation on WU, you would have lost 2.02% of your investment in 779 days.
The Western Union Company (Western Union) is engaged in the business of global money transfer, providing people with convenient ways to send money worldwide. The Company?s services are available through a network of over 375,000 agent locations in more than 200 countries and territories. As of December 31, 2008, approximately 75% of Western Union?s locations had experienced money transfer activity in the prior 12 months. Its consumer-to-consumer money transfer service enables people to send money worldwide in minutes. Its consumer-to-business service provides consumers with options for making one-time or recurring bill payments. The Company offers money transfer services under the Western Union, Orlandi Valuta and Vigo brands in over 200 countries and territories, and various bill payment services, primarily in the United States, under several brands like Speedpay, Equity Accelerator, Just in Time EFT, Western Union Quick Collect and Western Union Convenience Pay.
The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.