Western Union has taken of 451st position in the rating Fortune 500 in 2009, having moved from 473rd line in 2008. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp. Western Union provides consumers and businesses with fast, reliable and convenient ways to send and receive money around the world, to send payments and to purchase money orders. The Western Union Company uses the most up to date technologies and its unique worldwide computer network that allows to carry out quick money transfers payments in more than 190 countries around the world. Western Union for more than 130 years provides money transfer services to its customers.