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Stock Market & Financial Investment News

News Breaks
January 3, 2013
05:59 EDTMARetailers' had a disappointing holiday season, WSJ reports
A report from SpendingPulse, a service of MasterCard Advisors (MA) showed that spending in the two months leading up to Christmas increased by 0.7% from a year ago, a significant disappointment, according to the Wall Street Journal's "Ahead of the Tape." Retailers shares fell, with the S&P Retail Index lagging behind the S&P 500-stock index by 1.3%. From Thanksgiving through Christmas Eve, it already had trailed the broad market by 3.6% as talk of the "fiscal cliff" affected shoppers. Reference Link
News For MA From The Last 14 Days
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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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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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