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Stock Market & Financial Investment News

News Breaks
February 26, 2013
05:31 EDTMA, VIPMasterCard, VimpelCom partner to offer mobile payment solutions
At Mobile World Congress, MasterCard (MA) and VimpelCom (VIP) announced a strategic partnership combining MasterCard's mobile payments technology and solutions with VimpelCom's telecommunications services. The partnership will provide payment solutions to a new generation of customers, both banked and underserved, to VimpelCom's 212M customers in 18 countries. While key markets have been identified for the roll out of mobile money services, a prepaid program in Italy for Wind Italy's customers, in partnership with CartaLIS. Italy will be the first program to launch in 2013. Further country and market deployments will leverage the full range of both companies' complementary solution suites. MasterCard and VimpelCom will bring secure and flexible solutions that answer consumers and merchants' payment needs wherever they are in the world.
News For MA;VIP From The Last 14 Days
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October 20, 2014
05:32 EDTVIPVimpelCom subsidiary sells Burundi, Central African Republic operations for $65M
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October 16, 2014
14:09 EDTMAApple confirms October 20 start date for Apple Pay
Apple (AAPL) announced that customers can start making payments on Monday, October 20, when Apple Pay becomes available in the U.S. Users of the iPad Air 2 and iPad mini 3 will be able to use Touch ID on their devices for Apple Pay within apps. The new service will be enabled by a free software update to iOS 8. Apple Pay supports credit and debit cards from the three major payment networks: American Express (AXP), MasterCard (MA) and Visa (V). In addition to American Express, Bank of America (BAC), Capital One Bank (COF), Chase (JPM), Citi (C), Wells Fargo (WFC) and others, who announced support in September, more than 500 new banks from across the country have signed on to Apple Pay, the company said.
October 14, 2014
11:00 EDTVIPHigh option volume stocks
High option volume stocks: ABG AMJ SWI CIT INVE VIP PH AMLP CSX DPZ
October 13, 2014
07:19 EDTMAAmEx, Capital One profits seen boosted by credit card 'sweet spot,' WSJ says
Credit card players such as American Express (AXP) and Capital One (COF), as well as banks with significant card units like JPMorgan (JPM), stand to benefit from the U.S. card industry's "sweet spot" of moderate economic growth, low interest rates and consumers who are better managing payments while growing their spending, said The Wall Street Journal, which noted that consulting firm R.K. Hammer estimates U.S. card issuers' revenue will grow 9% this year to $158.6B. Other U.S. banks with credit card units include Bank of America (BAC), Citigroup (C), and Wells Fargo (WFC) and other card companies include Visa (V) and MasterCard (MA). Reference Link

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