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Stock Market & Financial Investment News

News Breaks
March 4, 2014
06:03 EDTMAMasterCard enters seven new markets in Africa
MasterCard announced that the company now operates in 48 of Africa’s 55 markets, due to expansion into seven new markets across Central and West Africa - Chad, Central African Republic, Guinea-Bissau, Liberia, Sierra Leone, Rwanda and The Gambia.
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February 27, 2015
15:29 EDTMAMasterCard recommends rejection of 'mini-tender' offer from TRC Capital
MasterCard announced that it has been notified of an unsolicited "mini-tender" offer dated February 25, 2015, made by TRC Capital, a private Canadian investment company, to purchase up to 1.5M shares of MasterCard's common stock, less than one fifth of 1% of the outstanding shares of common stock. TRC Capital's unsolicited "mini-tender" offer price of $88.50 per share is approximately 4.5% below the $92.67 per share closing price of MasterCard's common stock on February 25, the last trading day prior to the commencement of the offer. MasterCard is not affiliated in any way with TRC Capital, the offer, or the offer documentation. MasterCard recommends against shareholders tendering shares in response to this unsolicited offer.
February 26, 2015
06:46 EDTMADeutsche sees American Express as undervalued, upgrades to Buy
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February 24, 2015
07:25 EDTMARW Baird to hold a conference
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06:39 EDTMAVisa Europe announces 'tokenisation service'
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February 19, 2015
12:45 EDTMAOn The Fly: Midday Wrap
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12:09 EDTMAAmerican Express confirms intent to appeal federal court ruling
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11:00 EDTMAAmerican Express plans to appeal antitrust ruling, CNBC reports
American Express stated to CNBC that the company is "disappointed" with a court decision in an antitrust matter and plans to file an appeal. "The court's ruling will not provide any benefit to consumers and will, in fact, harm competition by further entrenching the two dominant networks. We continue to believe that the Department of Justice's arguments are flawed and believe we should prevail on appeal," American Express stated. Reference Link

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