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Stock Market & Financial Investment News

News Breaks
January 30, 2013
10:01 EDTMA, IHGMasterCard announces multi-year agreement with Intercontinental Hotels
MasterCard (MA) announced a new multi-year U.S. agreement with IHG (IHG) naming MasterCard as the exclusive co-branded card for IHG’s hotel loyalty rewards consumer credit card portfolio. The deal also includes a broad range of marketing, loyalty and innovation initiatives.
News For MA;IHG From The Last 14 Days
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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 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
10:08 EDTIHGOn The Fly: Analyst Downgrade Summary
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09:23 EDTMAMasterCard management to meet with Deutsche Bank
Meetings to be held in Los Angeles/Pasadena on May 9 hosted by Deutsche Bank.
08:14 EDTIHGIntercontinental Hotels downgraded to Hold from Buy at Cantor
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May 8, 2013
08:09 EDTMAMasterCard management to meet with Deutsche Bank
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