San Francisco-based investment firm Blum Capital Partners reported Friday that it has raised its stake in MoneyGram International Inc. to 21.4 percent from 20.9 percent. Blum Capital now beneficially holds 17.6 million shares of the St. Louis Park-based payment services company, up from the 17.2 million reported on Dec. 8, according to filings with the Securities and Exchange Commission. Shares of MoneyGram closed on Friday at $1, down 2 cents. DOW JONES
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The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.
![Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.](https://arc.stimg.co/startribunemedia/NH2BSHB74ND2V6GF2G2HI5X4MM.jpg?&w=252&ar=3:2&fit=crop)
