Intermex and Banco Industrial have partnered to launch the Zigi App, a digital platform enabling Guatemalans to receive remittances directly into their accounts using only a phone number, with the goal of enhancing financial inclusion and providing more convenient money transfer services.

Law firm Monteverde & Associates is investigating potential merger-related shareholder actions for four companies involving potential mergers and acquisitions.

Law firm Monteverde & Associates is investigating potential merger-related class action lawsuits for four companies: Air Lease, HNI Corporation, International Money Express, and PROS Holdings, each involved in different acquisition transactions.

Law firm Monteverde & Associates is investigating potential merger-related class action lawsuits for several companies, including Air Lease, HNI Corporation, International Money Express, and PROS Holdings.

Law firm Monteverde & Associates is investigating potential legal actions related to mergers involving International Money Express, PROS Holdings, Electronic Systems Technology, and trueCar, examining the terms and conditions of their respective proposed transactions.

Western Union and Intermex announced the expiration of the Hart-Scott-Rodino Act waiting period, advancing their planned acquisition expected to close in mid-2026, subject to additional regulatory and stockholder approvals.

International Money Express reported mixed Q2 2025 financial results, with adjusted EPS slightly beating estimates but revenue falling short. Transaction volumes declined, though digital product growth remained robust, and the company is pending acquisition by Western Union.

Western Union announced it will acquire International Money Express (Intermex) for $16.00 per share, totaling approximately $500 million. The all-cash transaction is expected to strengthen Western Union's retail offering in the U.S. and expand market coverage in high-potential geographies.

Western Union will acquire Intermex in an all-cash transaction for $16.00 per share, totaling approximately $500 million. The strategic acquisition aims to strengthen Western Union's retail presence in North America, expand market coverage, and accelerate digital customer acquisition.

International Money Express, Inc. (IMXI) reported strong Q3 2024 results, with revenue, net income, and adjusted EBITDA increasing year-over-year. The company announced it is initiating a process to assess strategic alternatives, including a potential sale.

International Money Express, Inc. (Intermex) will release its Third Quarter 2024 earnings on November 8, 2024, and host a conference call for investors. Intermex is a financial services company that enables consumers to send money internationally.

Analysts' ratings for IntL Money Express (NASDAQ:IMXI) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 2 0 0 0 Last 30D 1 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 1 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $27.75, along with a high estimate of $30.00 and a low estimate of $25.00. Highlighting a 5.93% decrease, the current average has fallen from the previous average price target of $29.50. Analyzing Analyst Ratings: A Detailed Breakdown The standing of IntL Money Express among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Rufus Hone BMO Capital Raises Outperform $30.00 $29.00 Mayank Tandon Needham Maintains Buy $25.00 - Gus Gala Monness, Crespi, Hardt Announces Buy $27.00 - Rufus Hone BMO Capital Lowers Outperform $29.00 $30.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to IntL Money Express. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Analysts assign ...Full story available on Benzinga.com