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Stocks MasterCard Inc


  • CHICAGO, Sept 29- The majority of payment terminals at U.S. merchants will not be ready to accept cards with embedded microchips aimed at reducing fraud by Oct. 1, missing a deadline set by banks and credit card companies, according to the National Retail Federation. The urgency to meet the new standards, known as EMV, which stands for Europay, MasterCard and Visa, for...

  • Morgan Stanley: Buy energy call is a 'nightmare' Tuesday, 29 Sep 2015 | 12:01 PM ET

    Morgan Stanley issued a mea culpa Monday on a call to buy energy stocks made earlier this year, advising clients to cut losses and move on.

  • By a 3-0 vote, the 2nd U.S. Circuit Court of Appeals said the law, which subjects retailers to criminal penalties for imposing surcharges on customers who pay with plastic rather than cash, does not violate the retailers' free speech or due process rights under the U.S. The decision is a defeat for retailers that have long complained about the cost of accepting...

  • NEW YORK, Sept 28- A U.S. appeals court on Monday weighed whether to uphold the approval of an estimated $5.7 billion antitrust settlement by MasterCard Inc and Visa Inc with merchants over credit card fees despite the objection of several major retailers. The settlement, the largest in a U.S. antitrust class action, resolved lawsuits by merchants pending since...

  • 10 big cyber threats to America's security Friday, 25 Sep 2015 | 10:17 AM ET
    cyber security

    Experts expect cyberattacks to continue in 2016, as the biggest targets haven't done much to step up security. Here are areas most at risk.

  • WASHINGTON/ HAVANA, Sept 18- The United States announced new rules on Friday to further ease trade, travel and investment restrictions with Cuba, but Cuban President Raul Castro told President Barack Obama that Washington should go even further and lift its economic embargo on the Communist-ruled island. The rare phone call between the two leaders followed...

  • What's the chip in your new credit card do? Friday, 18 Sep 2015 | 11:23 AM ET

    You may have received a new credit card or debit card with a computer chip embedded in it in the mail recently.

  • Sept 15- A U.S. judge on Tuesday certified a class action against Target Corp brought by several banks over the retailer's massive data breach in 2013.. Earlier this year, a proposed $19 million settlement with MasterCard Inc fell through when not enough banks accepted the agreement. Zimmerman has said the Visa deal, like the failed MasterCard settlement, does...

  • Goldman dishes on profiting from high volatility Friday, 11 Sep 2015 | 1:23 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Is volatility set to drop? If so, Goldman's options team has some smart ways to cash in.

  • Sept 10- Google Inc said it would roll out Android Pay, a one-touch payment app on Android devices, in more than 1 million locations in the United States on Thursday. The company said the payment service could be used at stores operated by companies including Aeropostale Inc, Macy's Inc, GameStop Corp and Staples Inc.. Android Pay will support credit and debit cards...

  • Sam's Club to accept American Express credit cards Thursday, 10 Sep 2015 | 8:00 AM ET

    NEW YORK, Sept 10- Sam's Club, Wal-Mart Stores Inc's warehouse division, will accept American Express credit cards starting Oct. 1, in addition to the other cards it already accepts in its stores, the companies said on Thursday. American Express lost a crucial relationship with Sam's Club competitor Costco Wholesale Corp earlier this year. Online, Sam's Club...

  • SEOUL, Sept 8- In a new Samsung Electronics Co ad, a mysterious monk strides through a supermarket to a hip-hop beat using his staff to wizard groceries into a cart. Since its Aug. 20 launch in South Korea, Samsung says the service is beating internal expectations by averaging 25,000 new users and more than $620,000 in transactions per day. The world's top smartphone...

  • NEW YORK, Sept 8- JPMorgan Chase& Co. is cutting prices for a group of its credit card customers and getting Visa Inc to shoulder at least some of the burden of the lost revenue, underscoring how the largest U.S. bank's size can help it hang onto business in fiercely competitive markets. Chase, which generated roughly $3.6 billion of revenue last year from those fees,...

  • From stripes to chips: How banks battle card fraud Saturday, 5 Sep 2015 | 12:00 PM ET
    ATM banking

    While merchants—and even the IRS—crack down on digital breaches, thieves are targeting another source of power: automatic teller machines.

  • Why we moved to 100% cash: CIO Friday, 4 Sep 2015 | 3:39 PM ET
    Cash dollars

    Here's why one market expert is sitting on the sidelines right now, and when he thinks it's a good time to get back in.

  • Fidelity may drop AmEx, BofA as partners: Report Thursday, 27 Aug 2015 | 9:37 AM ET
    Pedestrians pass a Fidelity Investments office in Boston.

    Visa and MasterCard are in talks with Fidelity to replace AmEx, Bloomberg cited the sources as saying.

  • Early movers: TIF, SJM, DG, MIK, CSX, TSLA & more Thursday, 27 Aug 2015 | 7:51 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • NEW YORK, Aug 25- A man whose wife was a key figure in the recent rejection of an antitrust settlement between American Express Co and a group of retailers pleaded guilty on Tuesday to conspiring with her to defraud two New York law firms where she was a partner out of $7.8 million. Melvin Feliz, 48, of Englewood Cliffs, New Jersey, admitted to one count of conspiracy to...

  • Apple enters bear territory; tech stocks crushed Friday, 21 Aug 2015 | 4:05 PM ET
    Internet wires connections

    The majority of technology index components—more than 63 percent—are trading down more than 10 percent from yearly highs.

  • Target in deal to settle breach claims with Visa Wednesday, 19 Aug 2015 | 8:24 AM ET
    A Target store in Edgewater, N.J.

    Target reached a deal to pay up to $67 million to settle Visa claims related to a 2013 data breach that resulted in the debit and credit card theft.