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Visa Inc

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  • Early Glance: Credit Card companies Friday, 30 Jan 2015 | 11:13 AM ET

    American Express Co. rose$. 03 or percent, to $82.03. Capital One Financial Corp. fell$. 36 or. 5 percent, to $74.60. Discover Financial Services fell$. 34 or. 6 percent, to $54.50.

  • Jan 30- MasterCard Inc, the world's No. 2 debit and credit card company, reported a better-than-expected profit for the holiday shopping quarter as customers swiped their cards more often. U.S. retail sales rose 5.5 percent from the day after Thanksgiving through Christmas Eve as demand for women's apparel, jewelry and casual dining offset sluggish sales of...

  • *Q1 earnings $2.53 per class A share vs. estimate $2.49. Jan 29- Visa Inc, the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday due to a good holiday season and a strengthening U.S. job market that encouraged people to spend. Visa, which earns money from both the volume and value of transactions using its...

  • *Q1 earnings $2.53 per class A share vs. estimate $2.49. Jan 29- Visa Inc, the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline prices encouraged people to spend. Visa, which earns money from both the volume and value of transactions using its cards,...

  • Final Glance: Credit Card companies Thursday, 29 Jan 2015 | 6:14 PM ET

    American Express Co. rose$. 27 or. 3 percent, to $82.00. Capital One Financial Corp. rose$. 51 or. 7 percent, to $74.96. Discover Financial Services fell$. 20 or. 4 percent, to $54.84.

  • Visa said Thursday it earned $1.57 billion, or $2.53 per share, in the October-December quarter. Visa, and its competitor MasterCard, do not issue credit and debit cards directly. Instead, the two companies operate payment networks that banks and merchants sign up to use, and in exchange Visa and MasterCard take a percentage of each sale as a fee.

  • Visa offers 4-for-1 stock split, earnings trump Thursday, 29 Jan 2015 | 4:34 PM ET
    Visa Chairman and CEO Joseph Saunders (C) and Visa CFO Byron Pollitt (3rd R) stand with New York Stock Exchange Chairman Marshall Carter (3rd L) during opening bell ceremonies at the New York Stock Exchange March 19, 2008 in New York City.

    Visa reported earnings on Thursday that beat on both the top and bottom line. The company also announced a four-for-one stock split.

  • After-hours buzz: Amazon.com, Google, Visa & More Thursday, 29 Jan 2015 | 4:27 PM ET

    Companies making headlines after the bell Thursday:

  • Jan 29- Visa Inc, the world's largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline prices encouraged people to spend. Visa's net income rose to $1.57 billion, or $2.53 per Class A share, in the quarter ended Dec. 31 from $1.41 billion, or $2.20 per Class A share, a...

  • Visa's quarterly profit rises 11.5 pct Thursday, 29 Jan 2015 | 4:09 PM ET

    Jan 29- Visa Inc, the world's largest credit and debit card company, reported an 11.5 percent rise in quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline prices encouraged people to spend. Visa's net income rose to $1.57 billion, or $2.53 per Class A share, in the first quarter ended Dec. 31 from $1.41 billion, or $2.20 per Class A share, a...

  • Midday Glance: Credit Card companies Thursday, 29 Jan 2015 | 1:23 PM ET

    American Express Co. rose$. 14 or. 2 percent, to $81.87. Capital One Financial Corp. rose$. 15 or. 2 percent, to $74.60. Discover Financial Services fell$. 54 or 1.0 percent, to $54.50.

  • Early Glance: Credit Card companies Thursday, 29 Jan 2015 | 10:40 AM ET

    American Express Co. fell$. 11 or. 1 percent, to $81.62. Capital One Financial Corp. fell$. 16 or. 2 percent, to $74.29. Discover Financial Services fell$. 36 or. 7 percent, to $54.68.

  • US stock-index futures add to gains after claims Thursday, 29 Jan 2015 | 8:31 AM ET
    Trader on the floor of the New York Stock Exchange during the Alibaba Group IPO opening.

    U.S. stock index futures signaled a mostly higher open on Thursday ahead of a major day of earnings from Wall Street's biggest tech firms.

  • Visa Europe profits jump as consumers switch from cash Thursday, 29 Jan 2015 | 3:44 AM ET

    LONDON, Jan 29- More than 1.5 trillion euros was spent on Visa cards in Europe last year, an annual increase of nine percent as more consumers switch from cash payments. Visa Europe is based in Britain and is owned and operated by member banks and other payment service providers from 37 countries. It said there were 37 billion transactions on its cards last year from...

  • Final Glance: Credit Card companies Wednesday, 28 Jan 2015 | 6:07 PM ET

    American Express Co. fell$. 67 or. 8 percent, to $81.73. Capital One Financial Corp. fell $2.32 or 3.0 percent, to $74.45. Discover Financial Services fell$. 70 or 1.3 percent, to $55.04.

  • Midday Glance: Credit Card companies Wednesday, 28 Jan 2015 | 1:21 PM ET

    American Express Co. rose$. 57 or. 7 percent, to $82.97. Capital One Financial Corp. fell $1.09 or 1.4 percent, to $75.68. Discover Financial Services rose$. 29 or. 5 percent, to $56.03.

  • Early Glance: Credit Card companies Wednesday, 28 Jan 2015 | 10:41 AM ET

    American Express Co. rose$. 41 or. 5 percent, to $82.81. Capital One Financial Corp. fell $1.02 or 1.3 percent, to $75.75. Discover Financial Services fell$. 55 or 1.0 percent, to $55.19.

  • Final Glance: Credit Card companies Tuesday, 27 Jan 2015 | 6:08 PM ET

    American Express Co. fell$. 90 or 1.1 percent, to $82.40. Capital One Financial Corp. fell $1.42 or 1.8 percent, to $76.77. Discover Financial Services fell$. 96 or 1.7 percent, to $55.74.

  • American Express says it will start working in Cuba Tuesday, 27 Jan 2015 | 4:24 PM ET

    NEW YORK— American Express Co. says it plans to start doing business in Cuba after the Obama administration lifted a ban on U.S. banks and credit card companies operating on the island. The New York company did not say on Tuesday when people could use American Express cards in Cuba. American Express currently has no terminals set up or merchant relationships...

  • American Express plans to start operations in Cuba Tuesday, 27 Jan 2015 | 3:17 PM ET

    Jan 27- American Express Co said it would launch operations in Cuba following President Barack Obama's decision this month to ease sanctions against the communist-ruled island. MasterCard Inc said last week it would allow its cards issued in the United States to be used in Cuba from March 1 as Washington eases restrictions on travel, trade and financial...