UPDATE: Western Union Q4 Profit Drops 47%
Posted on February 13, 2013 at 01:04 AM EST
Western Union Co (NYSE: WU ) reported a 47% drop in its fourth-quarter profit. Western Union's quarterly profit declined to $237.9 million, or $0.40 per share, versus $452.3 million, or $0.73 per share, in the year-earlier period. Its revenue fell to $1.42 billion from $1.43 billion. However, analysts were