MasterCard Inc


  • Midday movers: Ford, Microsoft, Visa & More Friday, 25 Apr 2014 | 11:59 AM ET

    Some of Friday's midday movers: Ford, Microsoft, Visa and more

  • April 24- Visa Inc, the world's largest credit and debit card company, said U.S. sanctions on Russia were hurting its card transaction volumes and that revenue growth would slow further this quarter, sending its shares down 5 percent after the bell. President Barack Obama imposed sanctions on Russia in March after a standoff over Ukraine.

  • *Second-quarter adjusted profit $2.20/ Class A share vs est. April 24- Visa Inc, the world's largest credit and debit card company, said its revenue growth would slow this quarter due to a strong U.S. dollar, sending the company's shares down about 3 percent in extended trading.

  • Visa and rival Mastercard Inc have been helped by increasing consumer spending in the United States and a shift to plastic payments in emerging markets. Net income attributable to the company rose to $1.60 billion, or $2.52 per Class A share, from $1.27 billion, or $1.92 per Class A share, a year earlier.

  • Finance in 25 years: Wall Street banks fade away Thursday, 24 Apr 2014 | 11:03 AM ET

    In the world of finance, the landscape is likely to be a lot different in 25 years than it is today

  • The growing case for diversity as a profit source Wednesday, 23 Apr 2014 | 8:56 AM ET

    Diversity alone isn't a reason to invest in a stock, but companies dominated by alpha males and old white guys may end up costing shareholders.

  • *First quarter earnings $1.31/ shr vs est $1.25. April 22- Credit card issuer Discover Financial Services reported a first-quarter profit that beat Wall Street estimates as its high-spending customers more than made up for the slower growth in overall U.S. consumer spending.

  • *First-quarter earnings of $1.33/ share vs est $1.30. April 16- American Express Co's quarterly profit beat analysts' average estimate as a tighter control on expenses helped make up for slower growth in consumer spending in its key U.S. market.

  • April 16- American Express Co's first-quarter profit beat analysts' average estimate as its credit-card customers spent more in a recovering U.S. economy and the company kept expenses in check.

  • Leash on expenses helps AmEx Wednesday, 16 Apr 2014 | 4:10 PM ET

    American Express Co reported a 12 percent rise in quarterly profit as its credit-card customers spent more in a recovering U.S economy.

  • Stocks rose on Tuesday after earnings from Dow components Coca-Cola and Johnson & Johnson.

  • In the meantime, though, fund managers are buying Diebold Corp, the automated teller machine maker whose stock has underperformed bigger rival NCR Corp since 2009, on signs it may post better returns than NCR this year.

  • Midday movers: Twitter, General Motors, Visa & More Monday, 14 Apr 2014 | 1:04 PM ET
    The Twitter banner hangs at the NYSE.

    Some of Monday midday movers:

  • Do or die: Retailers scramble to protect data Wednesday, 9 Apr 2014 | 4:26 PM ET

    After high-profile retail data breaches the industry is accelerating a shift to EMV technology, but it won't solve all the industry's problems.

  • Credit card fraud jumps, so what's being done? Wednesday, 9 Apr 2014 | 2:07 PM ET

    Credit and debit card fraud is a multibillion-dollar problem, but putting an exact figure on the cost is not that easy.

  • Sanctions trump patriotism for Russian banks in Crimea Wednesday, 9 Apr 2014 | 4:35 AM ET

    With Ukrainian and Western banks closing, Crimea's 2 million people have been forced to deal with a cash economy since Russia annexed the Black Sea peninsula last month- an illustration of the economic obstacles that might lie ahead for a contested region.

  • Midday movers: Netflix, Visa, Pfizer & More Monday, 7 Apr 2014 | 12:06 PM ET
    House of Cards on Netflix.

    Some of Monday's midday movers:

  • Retailers push into crowded mobile payment market Sunday, 6 Apr 2014 | 4:00 AM ET

    *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.

  • *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.