First Data Q2 Profit Falls 16 Percent

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00003608-first-data-q2-profit-falls-16-percent/

First Data Corp., which operates money-transfer service Western Union, on Friday posted a 16 percent decline in second-quarter profit as integration and other charges weighed on a slight rise in revenue.

The provider of electronic payment services said quarterly income dropped to $391.9 million, or 50 cents per share, from $466 million, or 53 cents per share.

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First Data Q2 Profit Falls 16 Percent

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