CNBC's Dominic Chu and Seema Mody break down Visa and MasterCard, two companies who do virtually the same thing, but should be viewed differently from an investment standpoint.» Read More
*Google shares up after deal with Lenovo Group. *Facebook shares rally after results beat expectations. NEW YORK, Jan 30- Wall Street was set for a slightly higher open on Thursday after data showed robust household spending and rising exports helped the U.S. economy to grow 3.2 percent in the fourth quarter.
U.S. stock index futures traded higher on Thursday, on what will be the busiest day of fourth quarter earnings season.
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*Google shares up after deal with Lenovo Group. *Facebook shares rally after results beat expectations. *Google Inc shares rose 2.7 percent in premarket trading, a day after Lenovo Group said it would buy the internet search giant's Motorola handset division for $2.91 billion.
Jan 30- Visa Inc, the world's largest credit and debit card company, reported a better-than-expected 9 percent rise in quarterly profit as more people used cards instead of cash to make payments.
Some of the names on the move ahead of the open.
Visa, the world's largest credit and debit card company, reported a 9 percent rise in quarterly profit as more people used its cards.
Net income attributable to Visa rose to $1.41 billion, or $2.20 per Class A share, from $1.29 billion, or $1.93, a year earlier.
ETFs are marketing on their low fees, but that should rarely if ever be a deciding factor in buying one.
Stocks declined on Monday, with the Dow Jones Industrial Average losing steam in the wake of its worst week since November 2011.
Traders are bracing for another rough ride in markets this week, as the emerging markets continue to shakeout and the Fed is expected to announce another round of cuts to its easing program.
WASHINGTON/ NEW YORK, Jan 23- Congress turned up the heat on Target Corp on Thursday, summoning the company's chief financial officer to testify at a Senate hearing, while Democrats on a House committee asked the No. 3 retailer to turn over a slew of documents related to its massive data breach.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Stocks dropped overnight on poor China manufacturing data and then again when the U.S. market opened.
So far, about 2,400 payment cards used at Neiman Marcus' various chains have been used fraudulently, CEO Karen Katz wrote in a statement on the company's website, citing notification from credit card networks Visa Inc, MasterCard Inc and Discover Financial Services.
Jan 23- Target Corp's chief financial officer will testify before the U.S. Senate Judiciary Committee on Feb. 4 about a massive data breach in what is likely to be the first time the retailer publicly answers questions about the unprecedented attack.
WASHINGTON, Jan 22- Community banks from across the United States and some of the country's biggest retailers are at each other's throats over whose job it is to protect consumers from the kind of cyber attacks suffered last month by Target and Neiman Marcus.
The National Retail Federation is calling on the banking industry to switch from the easy-to-hack magnetic stripe to the more secure PIN and chip.
The Dow's recent underperformance stems from a few select stocks, UBS' Art Cashin told CNBC on Tuesday.
After Target's data breach, investors and analysts are now circling companies that could benefit from a major upgrade in credit card technology.