As a result of 2011, net income of Western Union has increased by 28% to $ 1.165 billion, the company reported. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. Another invention of Western Union - time synchronization. In October 2006 the company made an initial public offering of shares on the New York Stock Exchange, becoming independent from First Data company. Western Union made so that the time in all of American civil services was the same.