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Stock spotlight: MoneyGram

December 23, 2009 at 2:18AM
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MoneyGram Inc. +$0.34 $2.96 The money transfer company announced plans late Monday to repay $40 million of its debt, a signal it has become more serious about reducing its large debt load. (Ticker: MGI)

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Alex Kormann/The Minnesota Star Tribune

The Eden Prairie-based manufacturer says the company-wide software problems led to a quarterly loss and a 11.3% drop in sales.

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