Stocks rose on Tuesday after earnings from Dow components Coca-Cola and Johnson & Johnson.» Read More
Some of Monday's midday movers:
*Starbucks payment/reward app already has 10 million users. BERLIN, April 6- Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty.
American Express Co. fell $1.81 or 2.0 percent, to $89.17. Capital One Financial Corp. fell$. 77 or 1.0 percent, to $76.70. Discover Financial Services fell $1.06 or 1.8 percent, to $58.39.
American Express Co. fell $1.10 or 1.2 percent, to $89.88. Capital One Financial Corp. fell$. 33 or. 4 percent, to $77.14. Discover Financial Services fell$. 74 or 1.2 percent, to $58.71.
American Express Co. fell$. 55 or. 6 percent, to $90.43. Capital One Financial Corp. rose$. 08 or. 1 percent, to $77.55. Discover Financial Services fell$. 12 or. 2 percent, to $59.33.
*Russia has started efforts to launch own system. Prompted by the suspension of Visa and Mastercard services to Bank Rossiya because of Western sanctions over Crimea, Russian officials have revived attempts to create a national payment system.
*Some companies are shelving or cancelling projects in Russia. WARSAW/ MOSCOW, April 2- Elektrobudowa, a Polish firm that builds power plants, is interested in buying its partner out of a Russian company they jointly own, but there is a problem: the partner firm is owned by a pro-Moscow Crimean politician on the EU's sanctions list.
WARSAW/ MOSCOW, April 2- Elektrobudowa, a Polish firm that builds power plants, is interested in buying its partner out of a Russian company they jointly own, but there is a problem: the partner firm is owned by a pro-Moscow Crimean politician on the EU's sanctions list.
*Red Hat profit beats expectations, but outlook weak. NEW YORK, March 28- U.S. stock index futures rose on Friday, lifted by remarks from China's Premier Li Keqiang that the Chinese government was ready to take steps to support its economy. *The prospect of slowing growth in China, the world's second-largest economy, has long been a market headwind.
March 27- Wal-Mart Stores Inc this week sued Visa Inc for $5 billion, accusing the credit and debit card network of excessively high card swipe fees, several months after the retailer opted out of a class action settlement between merchants and Visa and MasterCard Inc..
KIEV/ MOSCOW, March 27- Ukraine won a $27- billion international financial lifeline on Thursday, rushed through in the wake of Russia's annexation of Crimea, while Moscow's economy minister acknowledged that his country's growth would slow dramatically as funds flee abroad.
NOVO-OGARYOVO, Russia, March 27- President Vladimir Putin said on Thursday that Russia would develop its own credit card system to reduce reliance on Western-based companies and soften the potential blow from U.S. and EU sanctions.
NOVO-OGARYOVO, Russia, March 27- President Vladimir Putin warned the West on Thursday that curbing Russians' use of payment systems based in the United States and Europe would backfire by causing companies involved to lose money and market share.
MOSCOW, March 26- Russia has revived plans to develop its own card payment system to cut its dependence on Visa and Mastercard after U.S. sanctions led to disruptions in their services, its finance minister said on Wednesday.
If Fannie and Freddie are allowed to die, it will crush home prices — and hurt the economy, says bank analyst Dick Bove.
Russian stocks could be in for a bumpy ride this week as tensions in Crimea escalate and investors respond to growing fears about sanctions.
The sanctions taken against Russia by the West over its annexation of Crimea are already having an impact.
MOSCOW, March 23- Visa Inc and MasterCard Inc have resumed services for payment transactions for clients at Russia's SMP bank, whose main shareholders were affected by U.S. sanctions, the bank said on Sunday.
*Russian ambassador to EU says Russia has no expansionist views. BRUSSELS, March 23- NATO's top military commander said on Sunday that Russia had a large force on Ukraine's eastern border and he was worried it could pose a threat to Moldova's separatist Transdniestria region.
MOSCOW, March 23- Visa Inc and MasterCard Inc have resumed services for payment transactions for clients at Russia's SMP bank, whose main shareholders were affected by U.S. sanctions, the bank said on Sunday. SMP had said on Friday that Visa and MasterCard had stopped providing services for payment transactions for clients at Russia's SMP bank.