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Stock Market & Financial Investment News

News Breaks
February 10, 2014
07:55 EDTADS, ADS, DFS, DFS, V, V, WEX, WEX, AXP, AXP, MA, MA, HPY, HPY, GDOT, GDOTKeefe Bruyette to hod a conference
Cards, Payments & Financial Technology Conference is being held in New York on February 10 with webcasted company presentations to begin at 8 am; not all company presentations may be webcasted. Webcast Link
News For ADS;DFS;V;WEX;AXP;MA;HPY;GDOT From The Last 14 Days
Check below for free stories on ADS;DFS;V;WEX;AXP;MA;HPY;GDOT the last two weeks.
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September 11, 2014
16:12 EDTVVisa to deposit $450M in litigation escrow account
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16:07 EDTADSAlliance Data to acquire Conversant for $35 per share, or $2.3B
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16:04 EDTADSAlliance Data to acquire Conversant for $35 per share, or $2.3B
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15:34 EDTADSAlliance Data trading halted, pending news
08:46 EDTVApple at work to bring Apple Pay service to Europe, FT says
Apple (AAPL), which is introducing its Apple Pay wallet technology only in the U.S. at launch, is in talks with banks and credit card organizations to expand the service to Europe, but there is still uncertainty over the timing, reported Financial Times. The periodical quotes Steve Perry, the chief digital officer at Visa Europe (V), as saying, "We are working closely with Apple and with our member banks to bring this new service to market in Europe." Reference Link
06:47 EDTMAEU rejects MasterCard appeal regarding card fee veto, Reuters says
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September 10, 2014
08:14 EDTMA, AXP, VVisa best positioned among card networks for Apple Pay, says Pacific Crest
Pacific Crest believes that Visa (V) is the best positioned to benefit from Apple Pay among credit card networks, as the firm notes that Visa cards were prominently displayed in the demonstrations, that accompanied the launch of the service. The firm thinks that Visa's technology leaves it well-positioned to play a critical role in fostering mobile payments with Apple and potentially others like Google (GOOGL). Pacific Crest adds that Apple Pay is also positive for MasterCard (MA) and American Express (AXP). It keeps an Outperform rating on Visa and Sector Perform ratings on MasterCard and American Express.
08:02 EDTAXP, MA, VApple Pay positive for Visa, MasterCard and American Express, says BofA/Merrill
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07:31 EDTADSGameStop, Alliance Data announce branded private label credit card program
GameStop Corporation (GME) and Alliance Data Systems Corporation (ADS) announced the introduction of a GameStop-branded private label credit card program. Under the terms of the long-term agreement, Alliance Data’s Retail Services business, which manages more than 135 private label and co-brand credit programs, will deliver a customized loyalty-driven private label credit program designed to further enrich GameStop’s relationship with its more than 28 million members of the successful PowerUp Rewards loyalty program. The new GameStop PowerUp Rewards Credit Card will provide cardholders with convenience and benefits exclusive to account holders, including being able to make purchases with the card in-store and online, promotional financing for larger purchases, online and mobile platform card management and payment services, as well as no annual fee and exclusive offers for savings throughout the year. Upon the opening of an account, PowerUp Rewards Pro members will receive a one-time award of 15,000 bonus points, and PowerUp Rewards Basic members will receive a one-time award of 5,000 bonus points.
September 9, 2014
15:14 EDTVVisa to support consumer payments with Apple Pay
Visa (V) announced it is supporting consumer payments with the new iPhone 6, iPhone 6 Plus and Apple (AAPL) Watch. Thanks to a new capability called Visa Token Service, participating financial institutions in the U.S., and eventually abroad, will be able to add Visa debit and credit cards to Apple Pay, Apple’s new payment service, and enable their customers to make easy and secure purchases at select U.S. merchants both in stores and in apps. Visa Token Service technology works by replacing sensitive payment account information found on plastic cards with a digital account number or “token” that can be safely stored on mobile devices and used for in store and in app purchases. Visa will roll out the service to financial institutions in phases, initially supporting early participants in the Apple Pay launch, and then extending the service availability to all of its U.S. clients.
15:11 EDTMAMasterCard works with Apple to integrate Apply Pay
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14:54 EDTAXP, V, MAApple announces Apple Pay
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14:38 EDTVVisa launches Visa Token Service for ecommerce and mobile payments
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13:59 EDTV, MAVisa, MasterCard near highs of day after Apple confirms mobile payment plans
08:46 EDTHPYGoldman to hold a conference
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07:28 EDTMA, AXPThe Money Event, Inc to hold a conference
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07:26 EDTWEXDeutsche Bank to hold a conference
Technology Conference to be held in Las Vegas on September 9-11 with webcasted company presentations to begin on September 9 at 10:30 am; not all company presentations may be webcasted. Webcast Link
07:16 EDTDFSDiscover shares undervalued, says Barclays
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September 8, 2014
10:17 EDTAXPAmerican Express President says won't comment on press speculation on Apple
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07:24 EDTAXPBarclays to hold a conference
Global Financial Services Conference to be held in New York on September 8-10.
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