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Western Union profit falls as costs rise

Friday, August 01 09:00:18

Western Union Co, the world's largest money-transfer company, reported a 2 percent fall in quarterly profit as costs rose slightly.

Net income fell to $193.8 million in the second quarter ended June 30 from $198.6 million a year earlier.

The company's earnings were flat on a per share basis at 36 cents. (Reuters)

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