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MasterCard Inc

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  • 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...

  • *Visa, MasterCard rise as China opportunity seen. April 22- U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings. Visa ended 4.07 percent higher at $68.01 after hitting a record high of $69.98, while MasterCard closed up 3.91 percent...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed about higher, ending a day of choppy trade, as investors weighed mixed earnings and signs of strength in the housing market.

  • *Visa, MasterCard rise as China opportunity seen. Visa gained as much as 7.1 percent to hit a record of $69.98, while MasterCard came shy of its all-time high, after China said it would open up its market to foreign firms for clearing domestic bank card transactions. MasterCard was up 4.04 percent at $91.31.

  • *Visa, MasterCard rise as China opportunity seen. Visa gained as much as 7.1 percent to hit a record of $69.98, while MasterCard came shy of its all-time high, after China said it would open up its market to foreign firms for clearing domestic bank card transactions. MasterCard rose as much as 5.3 percent to $92.43.

  • *Visa, MasterCard rise as China opportunity seen. Visa gained as much as 7.1 percent to hit a record of $69.98, while MasterCard came shy of its all-time high after China said it would open up its market to foreign firms for clearing domestic bank card transactions from June. MasterCard rose as much as 5.3 percent to $92.43.

  • BEIJING, April 22- China has announced it will open up its market for clearing domestic bank card transactions, a move that should allow foreign players such as Visa Inc and MasterCard Inc direct access to a market valued at $6.84 trillion last year. Foreign firms will be able to set up their own clearing companies in China and apply to the central bank for licenses...

  • BEIJING, April 22- China will allow foreign firms to apply for licenses to establish bank card clearing businesses starting from June 1, the State Council said in a statement on its website on Wednesday. China said in October last year that it would open its credit card market to foreign players following a World Trade Organization ruling in 2012 that it...

  • HAVANA, April 21- A U.S. cancer research center and a software company reached agreements with Cuban partners during a two-day trade mission to Cuba led by New York Governor Andrew Cuomo in the first trip of its kind since the rapprochement between the longtime adversaries. The Roswell Park Cancer Institute of Buffalo, New York, on Tuesday signed an agreement...

  • HAVANA, April 21- A U.S. cancer research center and a software company reached agreements with Cuban partners during a two-day trade mission to Cuba led by New York Governor Andrew Cuomo in the first trip of its kind since the rapprochement between the longtime adversaries. The Roswell Park Cancer Center of Buffalo, New York, on Tuesday signed an agreement with...

  • HAVANA, April 20- New York Governor Andrew Cuomo met senior Cuban officials in Havana on Monday as the head of a high-powered business delegation looking to take advantage of President Barack Obama's easing of restrictions with the Communist-led island. Cuomo, a Democrat, is the first governor to visit Cuba since a December announcement by Obama and Cuban...

  • Trading financials: 4 plays on credit cards Thursday, 16 Apr 2015 | 6:56 PM ET

    "Fast Money" traders discussed how to trade American Express earnings and whether any of its rivals might be a better play.

  • April 16- American Express Co, the world's largest credit card issuer, reported a better-than-expected rise in quarterly profit, helped by higher spending by U.S. card holders and an increase in net interest income. Net income attributable to AmEx shareholders rose to $1.51 billion, or $1.48 per share, for the first quarter ended March 31, from $1.42 billion, or...

  • April 15- Target Corp said it had agreed to reimburse about $19 million to financial institutions that had issued MasterCard- branded cards that were a part of the massive data breach at the retailer in 2013.. The amount under the settlement with MasterCard Inc covers costs that banks incurred to reissue credit cards and debit cards to customers as a result of...