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Stock impact report

Western Union Provides Update on Impact from COVID-19 and 2020 Financial Outlook

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movements and payments, has continued to closely monitor the development of the unprecedented COVID-19 pandemic in an effort to protect and serve the interests of all stakeholders. Through mid-March of this year, the impact of COVID-19 on the Company’s operations across over 200 countries and territories had been limited to a few countries, notably China and Italy, and had minimal impact on overall results that were in line with the Company’s expectations, highlighting the durability of its cross-border money transfer business.In the later part of March, particularly recent days, the spread of COVID-19 has rapidly accelerated around the globe. In response, many governments have implemented policies intended to stop or slow the further spread of the disease, such as lockdowns, shelter-in-place, or restricted movement guidelines. These policies have also resulted in l Show less Read more
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