New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 13, 2013
13:33 EDTSMME, V, MASmartMetric files motion for court to make infringement judgment against Visa, MasterCard
SmartMetric (SMME) has filed a motion before the Judge hearing its case brought against Visa (V) and MasterCard (MA) for patent infringement. On Monday, March 11, the company SmartMetric filed in the Federal District Court the following motion in respect to its patent infringement case against Visa and MasterCard: 1. Defendant Visa's and Defendant MasterCard's accused EMV systems literally infringe claims 1, 5-7, 11 and 13 of Plaintiff's U.S. patent 6,792,464; and 2. Defendant's affirmative defense of anticipation of claims 1, 5-7, and 13 of U.S. patent 6,792,464 is dismissed with prejudice.
News For SMME;V;MA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 30, 2014
10:01 EDTV, MABank of America begins rollout of chip debit cards
Subscribe for More Information
September 29, 2014
11:29 EDTMAMasterCard faces added damages in U.K. card fee lawsuit, Bloomberg says
Subscribe for More Information
September 24, 2014
11:19 EDTVVisa creates 2K technologists positions, new India technology center
Subscribe for More Information
September 23, 2014
08:12 EDTMAEconomic Club of Canada to h old a luncheon meeting
Subscribe for More Information
September 22, 2014
07:14 EDTVGSM Association to hold a conference
Subscribe for More Information
September 19, 2014
07:18 EDTMAWeb.com to hold a summit
Subscribe for More Information
September 18, 2014
14:31 EDTMACapital One said to bump Amex as Costco Canada card issuer, Bloomberg says
Subscribe for More Information
14:14 EDTMACapital One said to replace American Express as Costco Canada card issuer
MasterCard said to be processor for new Costco Canada cards. Reported by Bloomberg.
05:31 EDTVVisa to undertake assessment of stake in Monitise
Visa (V) and Monitise entered into an alliance agreement in 2009. At the same time, Visa began investing in Monitise. Given the maturation of Monitise as a company, Visa is considering its options with respect to the investment and has engaged J.P. Morgan Securities (JPM) to assist. Visa will also be lessening its dependence on external mobile development resources. In 2009, in conjunction with its commercial partnership, Visa invested in Monitise as a 14.4% owner of the company in order to provide capital support to a leader in the evolution of the mobile payments sector. Over time, Visa’s holdings have been reduced to its current 5.5% stake in the company. This reduction in ownership and associated influence is consistent with Visa’s investment practice to seed emerging players and, over time, taper that influence as the partner company grows. Under their agreement, Monitise will provide Visa with mobile platform development services through 2016. As both Visa and the payments industry evolve at a rapid pace, Visa intends to continue increasing its investment in its own in-house capabilities and, as a result, reducing its use of external resources.
September 17, 2014
10:56 EDTMAMasterCard targets 11%-14% revenue CAGR over 2013-2015
Subscribe for More Information
10:53 EDTMAMasterCard: July/August growth trends same, slightly better than July 28 report
Subscribe for More Information
10:50 EDTMAMasterCard sees FY14 revenue growth at lower end of 3-year range
FY14 revenue consensus $9.41B. Sees FY14 operating expense growth rate in low teens, including impact of acquisitions. Sees FY14 Euro and Real impact net neutral and underlying local currencies to have 1 ppt headwind on net revenue. Guidance from slides for analyst day meeting.
September 16, 2014
19:18 EDTVMicrosoft to add Kraft CFO Teri List-Stoll, Visa CEO Charles Scharf to board
Subscribe for More Information
18:59 EDTVMicrosoft to add Kraft CFO List-Stoll, Visa CEO Scharf to board, Bloomberg says
Microsoft board members Marquardt and Dublon are retiring from the board, according to Bloomberg, citing an emailed press release from the company.
09:59 EDTV, MAOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ACI Worldwide (ACIW) initiated with a Neutral at Sterne Agee... ADP (ADP) initiated with a Market Perform at Bernstein... ANSYS (ANSS) initiated with a Sector Perform at RBC Capital... Accenture (ACN) initiated with a Market Perform at Bernstein... Blackhawk (HAWK) initiated with a Neutral at Sterne Agee... Coca-Cola (KO) initiated with a Market Perform at Cowen... Cognizant (CTSH) initiated with an Outperform at Bernstein... Constellation Brands (STZ) initiated with a Market Perform at Cowen... Dr Pepper Snapple (DPS) initiated with a Market Perform at Cowen... GenCorp (GY) initiated with a Hold at KeyBanc... Global Payments (GPN) initiated with a Neutral at Piper Jaffray... GoPro (GPRO) initiated with a Buy at Cleveland Research... Green Dot (GDOT) initiated with a Neutral at Sterne Agee... Lionsgate (LGF) initiated with a Buy at ISI Group... MEDNAX (MD) initiated with a Neutral at SunTrust... MasterCard (MA) initiated with a Buy at Sterne Agee... Molson Coors (TAP) initiated with an Outperform at Cowen... Monster Beverage (MNST) initiated with a Market Perform at Cowen... NetSuite (N) initiated with an Outperform at RBC Capital... Oracle (ORCL) assumed with a Sector Perform at RBC Capital... PepsiCo (PEP) initiated with an Outperform at Cowen... SAP (SAP) initiated with a Sector Perform at RBC Capital... Teekay (TK) initiated with a Hold at Deutsche Bank... Tesla (TSLA) initiated with a Buy at ISI Group... Visa (V) initiated with a Buy at Sterne Agee... Western Union (WU) initiated with a Neutral at Sterne Agee... Workday (WDAY) initiated with an Outperform at RBC Capital... Yelp (YELP) initiated with a Neutral at RW Baird... Zillow (Z) initiated with an Overweight at Stephens... zulily (ZU) initiated with an Outperform at RW Baird.
07:40 EDTMAMasterCard initiated with an Outperform at Bernstein
Subscribe for More Information
07:40 EDTVVisa initiated with an Outperform at Bernstein
Target $262.
07:24 EDTSMMENational Investment Banking Association to hold a conference
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use