Western Union 1Q Profit Rises But Sales Fall

ENGLEWOOD, Colo. (AP) — Western Union Co. said Tuesday that its profit climbed 8 percent in the first quarter after a hefty restructuring charge weighed down prior-year results.

The money transfer agent also reiterated its full-year net income forecast in range of analysts' estimates.

Earnings were $223.9 million, or 32 cents per share, for the period ended March 31. That compares with $207.1 million, or 27 cents per share, a year ago. ...