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Stock Market & Financial Investment News

News Breaks
February 25, 2013
07:55 EDTMA, FTEMasterCard, Orange to deliver mobile payments in Spain
MasterCard (MA) and Orange (FTE) announced the signing of a strategic agreement to enhance and accelerate the delivery of innovative mobile payment service in Spain. The main goal of this agreement is to develop, deliver and deploy the very latest in mobile payments technologies, ensuring Orange customers in Spain benefit from the most advanced payment solutions, offering safety and security on the go.
News For MA;FTE From The Last 14 Days
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February 27, 2015
15:29 EDTMAMasterCard recommends rejection of 'mini-tender' offer from TRC Capital
MasterCard announced that it has been notified of an unsolicited "mini-tender" offer dated February 25, 2015, made by TRC Capital, a private Canadian investment company, to purchase up to 1.5M shares of MasterCard's common stock, less than one fifth of 1% of the outstanding shares of common stock. TRC Capital's unsolicited "mini-tender" offer price of $88.50 per share is approximately 4.5% below the $92.67 per share closing price of MasterCard's common stock on February 25, the last trading day prior to the commencement of the offer. MasterCard is not affiliated in any way with TRC Capital, the offer, or the offer documentation. MasterCard recommends against shareholders tendering shares in response to this unsolicited offer.
February 26, 2015
06:46 EDTMADeutsche sees American Express as undervalued, upgrades to Buy
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February 24, 2015
07:25 EDTMARW Baird to hold a conference
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06:39 EDTMAVisa Europe announces 'tokenisation service'
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February 19, 2015
12:45 EDTMAOn The Fly: Midday Wrap
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12:09 EDTMAAmerican Express confirms intent to appeal federal court ruling
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11:00 EDTMAAmerican Express plans to appeal antitrust ruling, CNBC reports
American Express stated to CNBC that the company is "disappointed" with a court decision in an antitrust matter and plans to file an appeal. "The court's ruling will not provide any benefit to consumers and will, in fact, harm competition by further entrenching the two dominant networks. We continue to believe that the Department of Justice's arguments are flawed and believe we should prevail on appeal," American Express stated. Reference Link

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