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MasterCard Inc

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  • *Q2 EPS 63 cents/ shr vs est 62 cents. April 30- Visa Inc, the world's largest credit and debit card company, forecast profit below Wall Street expectations for the current quarter, hurt by continued pressure from lower crude prices and a strong dollar. The company forecast third-quarter earnings per share 6- 8 cents lower than analysts' expectations.

  • NEW YORK, April 30- Merchants unhappy with the fees American Express Co charges them may steer customers toward less expensive cards without fearing retaliation from the credit card company, a federal judge ruled on Thursday. Judge Nicholas Garaufis in Brooklyn federal court said American Express may not stop restaurants and stores, for instance, from...

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks traded lower as investors weighed a weaker-than-expected GDP report and earnings reports ahead of the Fed statement release.

  • *Humana declines as hospital admissions pick-up. April 29- U.S. stocks fell sharply in early afternoon trading on Wednesday, led by health insurers after Humana reported an unexpected pick-up in hospital admissions in March and April. Humana shares fell 7 percent to $168.28, making them the second biggest loser on the S&P 500. The insurer's statement also hit...

  • *MasterCard's strong results also boosts Visa. *Starwood Hotels hits record high. April 29- U.S. stocks slipped on Wednesday after data showed that economic growth braked more sharply than expected in the first quarter, and ahead of the U.S.

  • *MasterCard' s strong results also boosts Visa. *Starwood Hotels hits record high. April 29- U.S. stocks fell at the open on Wednesday after data showed that economic growth braked more sharply than expected in the first quarter, and ahead of the U.S.

  • April 29- MasterCard Inc, the world's No. 2 debit and credit card company, reported a better-than-expected quarterly profit as costs fell and shoppers spent more on its cards. MasterCard's shares rose about 3.6 percent to a record-high of $93.59 in early trading on Wednesday. "was able to overcome a drag from currency and grow volumes and earnings based on cost...

  • *GoPro jumps after forecasts comes in above estimates. April 29- U.S. stock index futures fell further on Wednesday after data showed that the U.S. economic growth stalled in the first quarter and ahead of the outcome of the two-day Federal Reserve meeting. The low-rate environment is a bubble in itself and its like riding a balloon until the pin pops, "said Andre...

  • Futures hold lower on GDP; Fed statement eyed Wednesday, 29 Apr 2015 | 9:08 AM ET
    Janet Yellen, Chair of the Federal Reserve.

    U.S. stock index futures pointed to a lower open on Wednesday, as investors awaited the conclusion of the two-day Federal Open Market Committee (FOMC) meeting.

  • UPDATE 1-MasterCard profit rises on lower tax expense Wednesday, 29 Apr 2015 | 8:32 AM ET

    April 29- MasterCard Inc, the world's No. 2 debit and credit card company, reported a 17 percent rise in quarterly profit as people spent more using its cards and the company paid lower taxes. MasterCard shares were up about 2 percent at $91.94 in premarket trading. The company's net income rose to $1.02 billion, or 89 cents per share, from $870 million, or 73 cents per...

  • MasterCard profit rises 17 pct Wednesday, 29 Apr 2015 | 8:07 AM ET

    April 29- MasterCard Inc, the world's No. 2 debit and credit card company, reported a 17 percent rise in quarterly profit as more people used its cards worldwide. The company's net income rose to $1.02 billion, or 89 cents per share, in the first quarter ended March 31 from $870 million, or 73 cents per share, a year earlier. Net revenue rose 2.7 percent to $2.23 billion.

  • US STOCKS-Futures down ahead of Fed statement, GDP data Wednesday, 29 Apr 2015 | 7:18 AM ET

    April 29- U.S. stock index futures were lower on Wednesday as investors await the outcome of the two-day Federal Reserve meeting and ahead of U.S. economic growth numbers for the first quarter. The statement is expected at 1400 p.m. EDT. *Twitter shares were up 0.5 percent at $42.48 in premarket trading.

  • Investors on Fed statement, first-quarter GDP watch Wednesday, 29 Apr 2015 | 6:00 AM ET
    The Federal Reserve building in Washington.

    Investors will scrutinize US growth as the initial read on the first-quarter GDP comes ahead of a meeting statement from a 'data-dependent' Fed.

  • Investors on Fed watch as statement, GDP come out Tuesday, 28 Apr 2015 | 6:56 PM ET
    The Federal Reserve building in Washington.

    Investors will scrutinize US growth as the initial read on the first-quarter GDP comes ahead of a meeting statement from a 'data-dependent' Fed.

  • April 28- MasterCard Inc's strong association with Chinese bank card behemoth UnionPay is expected to help it reap more benefits than larger rival Visa Inc as the country opens up its $7 trillion bank card payments market to foreign players. Shares of MasterCard and Visa rose 4 percent in the three days following the announcement. "It's pretty close... but...

  • Why the S&P could break out this week Monday, 27 Apr 2015 | 7:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • Bulls sniffing out an S&P breakout Monday, 27 Apr 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • The 10 global companies that get diversity: Study Friday, 24 Apr 2015 | 11:03 AM ET

    These 10 companies lead the way when it comes to diversity as a cultural and business aim, according to an annual ranking from DiversityInc.

  • Banks seek to block Target's deal with MasterCard Wednesday, 22 Apr 2015 | 7:48 PM ET
    Target

    A group of small banks and credit unions suing Target over its data breach in 2013 are moving to block the retailer's settlement with MasterCard.

  • April 22- A group of small banks and credit unions suing Target Corp over its massive data breach in 2013 are moving to block the retailer's proposed $19 million settlement with MasterCard Inc, calling it a "sweetheart deal" aimed at undercutting their own claims for losses. "The agreement between Target and MasterCard is nothing more than an attempt by Target to...