FleetCor North American Transactions Rock-n-Rolling

FleetCor North American Transactions Rock-n-Rolling

GA-based FleetCor Technologies (FLT), a major provider of fuel cards and workforce payment products to businesses, reported total revenues increased 14.3% year-on-year (YOY) for the fourth quarter (4Q/15) as net income declined sharply by -51.8% YOY, due to two one-off expenses. North America transactions soared 57.7% YOY while international transactions declined 5.8% YOY. FLT revenues…

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Western Union Slips a Tad; U.S. Outbound Remains Strong

Western Union Slips a Tad; U.S. Outbound Remains Strong

Western Union (WU) fourth quarter (4Q/15) GAAP revenues, on a currency adjusted basis (FX), declined 1.3% year-on-year (YOY), while GAAP net income slipped 4.2% YOY. WU consumer-to-consumer (C2C) GAAP revenues FX declined 1.7% YOY, while consumer-to-business (C2B) GAAP revenues FX declined 5.8% YOY WU reported total GAAP Revenues FX of $1453.9 million for 4Q/15, compared…

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