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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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May 22, 2013
06:16 EDTFTEFrance Telecom to invest up to $64M in Dailymotion, Reuters reports
France Telecom (FTE) plans to invest about $64M its video-sharing website Dailymotion and begin a new search for a partner this fall, according to CEO Stephane Richard, reports Reuters. He said that "the door is not closed" to Yahoo (YHOO), which had been in talks to buy a 75 % stake in Dailymotion in a deal that would have valued Europe's largest video website at $300M.Reference Link
May 21, 2013
14:50 EDTMAWal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link
May 19, 2013
18:10 EDTFTEFalling prices in European telecom stocks give value to investors, Barron's says
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May 14, 2013
06:44 EDTMAVisa Europe offers to reduce inter-bank fees, Reuters says
Visa Europe, the European licensee of Visa (V), is prepared to reduce its interbank credit fees by 50% for four years in order to terminate an EU antitrust probe and prevent itself from possibly being fined, according to Reuters. The reduction would lower Visa Europe's interbank credit fees to 0.3%, the same level as that of MasterCard (MA), EU stated, Reuters reported. Reference Link
May 10, 2013
08:27 EDTMAMasterCard management to meet with Deutsche Bank
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May 9, 2013
09:23 EDTMAMasterCard management to meet with Deutsche Bank
Meetings to be held in Los Angeles/Pasadena on May 9 hosted by Deutsche Bank.
May 8, 2013
08:09 EDTMAMasterCard management to meet with Deutsche Bank
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