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Stock Market & Financial Investment News

News Breaks
December 12, 2012
10:43 EDTMAMasterCard, C-SAM announce strategic partnership
Mobile wallet and transactions platform provider C-SAM and MasterCard announced a global strategic partnership, as well as a minority investment by MasterCard. Additional terms of the agreement were not disclosed.
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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
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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May 7, 2013
10:43 EDTMASmartMetric claims $13.4B in patent infringement suit brought against Visa, MasterCard
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07:31 EDTMASusquehanna to host a conference
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07:23 EDTMAJefferies to host a conference
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