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  • France's Edenred finds new boss but keeps name secret Thursday, 30 Jul 2015 | 12:17 PM ET

    PARIS, July 30- French voucher and prepaid card provider Edenred said on Thursday it had found a new chairman and chief executive but would not be making the name public until September. The announcement came a day before current boss Jacques Stern was due to quit Edenred and take over as head tax-free shopping business Global Blue, a Switzerland- based company..

  • NEW YORK, July 29- Dozens of retailers are seeking to void nearly $6 billion of U.S. antitrust settlements with Visa Inc, MasterCard Inc and American Express Co after learning that opposing lawyers exchanged confidential information, potentially tainting the accords. A group of retailers filed papers that remain under seal in the Brooklyn, New York federal...

  • July 29- MasterCard Inc, the operator of the world's second largest payment network, reported lower-than-expected quarterly revenue as it offered more rebates and incentives to win deals. MasterCard's shares, however, rose 2 percent in afternoon trading, reversing course, after some analysts said the company's underlying fundamentals were strong.

  • July 29- MasterCard Inc, the operator of the world's second largest payment network, reported lower-than-expected quarterly revenue as it offered more rebates and incentives to win deals. MasterCard was also hurt by a strong dollar as markets outside the United States account for nearly 60 percent of its purchase volumes. Mastercard usually pays higher...

  • July 29- Credit and debit card issuer MasterCard Inc reported lower-than-expected quarterly revenue as the company offered more rebates and incentives to win new and renewed deals. Shares of MasterCard, which operates the world's second largest payment network, fell about 3 percent in premarket trading on Wednesday. MasterCard charges companies using its...

  • MasterCard 2Q misses on revenue Wednesday, 29 Jul 2015 | 8:09 AM ET

    PURCHASE, N.Y.— MasterCard Inc. on Wednesday said that its second-quarter profit edged down 1 percent as a strong dollar weighed on the company's results. MasterCard, which generates the bulk of its revenue by charging a fee on each transaction processed on its network, had revenue of $2.39 billion, compared with $2.42 billion forecast. MasterCard, like Visa and...

  • MasterCard's quarterly profit falls as costs rise Wednesday, 29 Jul 2015 | 8:09 AM ET

    July 29- Credit and debit card issuer MasterCard Inc's quarterly profit fell 1.1 percent, hurt by higher expenses. The company's operating expenses rose 15.6 percent to $1.14 billion in the second quarter ended June 30. Net income fell to $921 million, or 81 cents per share, from $931 million, or 80 cents per share, a year earlier.

  • US STOCKS-U.S. futures higher ahead of Fed statement Wednesday, 29 Jul 2015 | 7:28 AM ET

    July 29- U.S. stock index futures rose on Wednesday on hopes that Beijing could stem the rout in its markets and ahead of a statement from the U.S. *In a recent congressional testimony, Fed Chair Janet Yellen neither ruled out a September interest rate hike nor guided the market toward thinking it was a done deal. The statement is expected at 2 p.m. ET.

  • Fed statement may bring more volatility than expected Wednesday, 29 Jul 2015 | 6:02 AM ET
    Traders work on the floor of the New York Stock Exchange.

    No matter how much it tries to avoid it, the Fed could get markets spinning on a fresh round of rate hike speculation Wednesday.

  • Top trades to go: Earnings edition Tuesday, 28 Jul 2015 | 1:43 PM ET

    The "Halftime Report" traders give their trades on earnings for the second half.

  • Lawyer emails threaten $6B settlement: Report Monday, 27 Jul 2015 | 6:11 PM ET
    Visa Mastercard

    A friendship between two lawyers could derail a $6 billion settlement involving Visa, MasterCard and merchants, a report says.

  • 10 stocks that almost always beat on earnings Monday, 27 Jul 2015 | 2:02 PM ET
    Tableau Software

    As the second-quarter earnings season picks up steam, a group of companies may be poised to jump on their report this week.

  • Minefield for market with Fed, earnings, commodities Monday, 27 Jul 2015 | 8:08 AM ET
    An oil trader works on the floor of the New York Mercantile Exchange.

    The Fed meets next week, but a commodities meltdown and earnings season are adding to concerns about global growth and may steal some of its thunder.

  • UPDATE 2-Visa in talks to reunite with Visa Europe Thursday, 23 Jul 2015 | 6:40 PM ET

    July 23- Credit and debit card issuer Visa Inc said it was in talks to reunite with former subsidiary Visa Europe Ltd in a deal that would give the global company more scale to compete with arch-rival MasterCard Inc.. Visa Inc and Visa Europe, a cooperative of European banks with over 500 million cards, were part of a global bank-owned network until 2007. Most of the...

  • *2nd- qtr earnings $1.42/ shr vs est $1.32/ shr. This helped AmEx report earnings of $1.42 per share instead of $1.32 per share as analysts had estimated, according to Thomson Reuters I/B/E/S. AmEx's net income attributable to common shareholders fell 5 percent to $1.44 billion as a stronger dollar cut into revenue from markets outside the United States.

  • AmEx shares slip as revenue comes in light Wednesday, 22 Jul 2015 | 5:18 PM ET
    American Express

    American Express noted that expense control helped overcome a stronger U.S. dollar's drag on international sales.

  • July 22- Credit card issuer American Express Co reported a 5 percent fall in quarterly profit as a stronger dollar reduced revenue from markets outside the United States. The company's net income attributable to common shareholders declined to $1.44 billion, or $1.42 per share, in the second quarter ended June 30, from $1.52 billion, or $1.43 per share, a year...

  • Cook County sheriff sued in adult services ad fight Wednesday, 22 Jul 2015 | 10:41 AM ET
    Cook County Sheriff Tom Dart.

    Online classified portal Backpage.com sued Sheriff Tom Dart after he pressed credit cards to cut off the website, USA Today says.

  • July 20- PayPal Holdings Inc shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq after more than a decade in eBay Inc's fold, valuing the digital payment processor at about $52 billion. PayPal is a giant in the market it helped create- it processed 4 billion payments totaling about $235 billion in 2014. But the online payments...

  • PayPal valued at about $52B in market return Monday, 20 Jul 2015 | 11:20 AM ET
    Paypal CEO Dan Schulman (C) celebrates with employees during the company's re-listing on the Nasdaq in New York, July 20, 2015.

    PayPal shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq, valuing the company at about $52 billion.