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MoneyGram International Inc. (MGI) is in the Financial Services Industry

Revenue
Dec 31 2007
$157.5M
Profit
Dec 31 2007
($1.0B)
Market Cap
Oct 10 2008
$94.1M

Latest News and Analysis

Additional Resources

  • Company Profile for MoneyGram International, Inc

    MoneyGram International, Inc. is a leading global payment services company. The company's major products and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers. MoneyGram has approximately 152,000 global money transfer agent locations in 180 countries and territories. Company:...

    Articles 2008-07-04

  • MoneyGram Announces Program to Protect Consumers Against Fraud

    MINNEAPOLIS -- MoneyGram International is adding to its existing efforts to protect consumers from fraud-induced money transfers in response to concerns from state Attorneys General. Through an agreement of voluntary compliance, MoneyGram is taking steps to enhance consumer protections and further address the problem of wire transfer...

    Articles 2008-07-02

  • MoneyGram Announces Common Stock Begins Trading on NYSE Arca

    MINNEAPOLIS -- MoneyGram International, Inc. (NYSE:MGI) announced today that on June 20, 2008, its common stock began actively trading on NYSE Arca, a national securities exchange owned by NYSE Euronext. The Company's ticker symbol MGI has not changed and the Company remains listed on the NYSE. ...

    Articles 2008-06-23

  • Long Island Hispanics sending less across the border

    The rising cost of necessities and a crippling housing slump is taking a sizeable chunk out of the money local Hispanics send to their families abroad. In New York, just 53 percent of Hispanics said they were still shipping money to relatives...

    Articles 2008-06-13

  • MoneyGram International Announces First Quarter 2008 Results

    Money Transfer Volume Grows 22 Percent MINNEAPOLIS -- MoneyGram International, Inc. (NYSE:MGI), today announced first quarter 2008 financial results. Following are significant items affecting operating results during the first quarter of 2008: * Fee and other revenue increased 23 percent to $262.8 million in the first...

    Articles 2008-05-08

  • MoneyGram Will Release First Quarter Earnings May 8; Conference Call Scheduled

    MINNEAPOLIS -- MoneyGram International, Inc. (NYSE: MGI) will announce its first quarter financial results on Thursday, May 8. Phil Milne, chairman, president and CEO, and Dave Parrin, executive vice president and CFO, will host a conference call beginning at 5:00 p.m. ET that day. To listen to the...

    Articles 2008-05-01

  • Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against MoneyGram International, Inc. (NYSE: MGI)

    On March 28, 2008, a class action lawsuitwas filed in the United States District Court for the District of Minnesotaagainst MoneyGram International, Inc. (NYSE: MGI). The complaint allegesviolations of federal securities laws, Sections 10b and 20a of theSecurities Exchange Act of 1934 and Rule 10b-5, including allegations ofissuing a...

    Articles 2008-04-16

  • Brower Piven Announces the Filing of a Class Action Lawsuit Against MoneyGram International, Inc.

    Brower Piven, A Professional Corporationannounces that a class action lawsuit has been commenced in the UnitedStates District Court for the District of Minnesota on behalf of purchasersof the common stock of MoneyGram International, Inc. ("MoneyGram" or the"Company") (NYSE: MGI) between January 24, 2007 and January 14, 2008,inclusive (the "Class Period")....

    Articles 2008-04-09

  • / CORRECTION - Berman DeValerio

    In the news release, "Berman DeValerioAnnounces Shareholder Suit Against MoneyGram International, Inc.," issuedMonday, April 7, 2008, by Berman DeValerio, we are advised by the firm thatthe first sentence of the third paragraph should read "The class action wasfiled on behalf of all investors who acquired MoneyGram securities fromMarch 1, 2007,...

    Articles 2008-04-08

  • Berman DeValerio Announces Shareholder Suit Against MoneyGram International, Inc.

    An investor has sued MoneyGramInternational, Inc. ("MoneyGram" or the "Company") (NYSE: MGI) in federalcourt, accusing the company of securities law violations, Berman DeValerioannounced today. Berman DeValerio ( www.bermanesq.com ) filed the class action complaint onApril 4, 2008 in the U.S. District of Minnesota. The complaint, filed as08-cv-00959, seeks damages for...

    Articles 2008-04-07

  • Fitch Downgrades MoneyGram's IDR to 'B+'; Outlook Negative

    NEW YORK -- Following the completion of MoneyGram International Inc.'s MoneyGram (NYSE: MGI) recapitalization including the issuance of $1.5 billion in a combination of secured debt and preferred shares, Fitch has resolved its Rating Watch Negative status on MoneyGram by lowering the company's Issuer Default Rating IDR to 'B+' from...

    Articles 2008-04-04

  • Law Offices of Brian M. Felgoise, P.C. Announces Class Action Lawsuit Against MoneyGram International, Inc. -- MGI

    Law Offices of Brian M. Felgoise, P.C.announces that a securities class action has been commenced on behalf ofshareholders who acquired MoneyGram International, Inc. (NYSE: MGI)securities between January 24, 2007 and January 14, 2008, inclusive theClass Period. The case is pending in the United States District Court for the District ofMinnesota,...

    Articles 2008-03-28

  • Coughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit Against MoneyGram International, Inc

    SAN DIEGO -- Coughlin Stoia Geller Rudman & Robbins LLP ("Coughlin Stoia") (http://www.csgrr.com/cases/moneygram/) today announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the District of Minnesota on behalf of purchasers of MoneyGram International, Inc. ("MoneyGram") (NYSE:MGI) common...

    Articles 2008-03-28

  • Caesars Palace In Vegas to Host The Prepaid Press Expo 2008.

    M2 PRESSWIRE-27 March 2008-Businessnewsnow.us: Caesars Palace In Vegas to Host The Prepaid Press Expo 2008C1994-2008 M2 COMMUNICATIONS LTD RDATE:27032008 New York, NY, March 27, 2008 - SmartCard Marketing Systems Inc. (PINK SHEETS: SMKG); MasterCard Incorporated (NYSE: MA); Global Payments...

    Articles 2008-03-27

  • MoneyGram International Announces Full Year 2007 Results

    Files 2007 10-K Completes Comprehensive Recapitalization Agreement MINNEAPOLIS -- MoneyGram International, Inc. (NYSE:MGI), today announced full year 2007 financial results and filed its 2007 Form 10-K. As previously announced, the Company successfully completed the transaction with an investment group (the "Investors") led by Thomas H. Lee...

    Articles 2008-03-26

  • MoneyGram Completes Comprehensive Recapitalization with Investor Group Led By Thomas H. Lee Partners, L.P. and Goldman Sachs

    MINNEAPOLIS -- MoneyGram International, Inc. (NYSE:MGI) today announced that it has successfully completed the transaction with an investment group (the "Investors") led by Thomas H. Lee Partners, L.P. THL and Goldman, Sachs & Co. Goldman Sachs, to provide for a comprehensive recapitalization of the Company. Components of the recapitalization include...

    Articles 2008-03-25

  • Progressive Following on Moneygram International Inc.

    M2 PRESSWIRE-18 March 2008-NYSENEWS: Progressive Following on Moneygram International IncC1994-2008 M2 COMMUNICATIONS LTD RDATE:18032008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a...

    Articles 2008-03-18

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  • Incorporated: 2003

MoneyGram International is a global payment services company. Co. provides its products and services to consumers and businesses primarily through its network of agents and financial institution customers. Co.'s Global Funds Transfer segment provides money transfer services, money orders and bill payment services to consumers. Co.'s Payment Systems segment primarily provides financial institutions with payment processing services, specifically official check outsourcing services and money orders for sale to their customers as well as automated clearing house processing services. As of Dec 31 2007, Co. provided its ExpressPayment® bill payment services to over 1,900 billers.

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MoneyGram International Inc. Company Info

Board of Directors

Mr. Philip W. Milne

Chairman

Mr. Jess T. Hay

Mr. Albert M. Teplin

Mr. Scott L. Jaeckel

Mr. Othón Ruiz-Montemayor

Mr. Seth W. Lawry

Contact Information

1550 Utica Avenue South

St. Louis Park, MN

http://www.moneygram.com

952 591-3000

NAICS Code

Financial Transactions Processing, Reserve, and Clearinghouse Activities: 522320
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