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News Breaks | | | | September 23, 2012 | | 11:19 EDT |  | MA | MasterCard shares have more room to run, Barron's says
Citigroup's Donald Fandetti raised his rating on MasterCard (MA) Friday from Neutral to Buy, with a $525 price target. Barron's agrees with a number of points that Fandetti makes, including the fact that the threat from global economic worries seems to be abating. Global spending has stabilized in recent months from a shaky Q2, and recent market rallies are increasing consumer confidence. Barron's contends that investors should "splurge" on MasterCard shares. Reference Link | |
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News For MA From The Last 14 Days Check below for free stories on MA the last two weeks. |
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| May 21, 2013 | | 14:50 EDT | | MA | Wal-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 EDT | | MA | Visa 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 EDT |  | MA | MasterCard management to meet with Deutsche Bank
 Subscribe for More Information | | | May 9, 2013 | | 09:23 EDT | | MA | MasterCard 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 EDT | | MA | MasterCard management to meet with Deutsche Bank
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