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Stock Market & Financial Investment News

News Breaks
May 16, 2014
10:52 EDTV, SMME, MASmartMetric to have $13.4B case against Visa, Mastercard heard by August
SmartMetric (SMME) says "The Federal Circuit Court has received all briefs and motions from both SmartMetric and the Defendants, Visa (V) and MasterCard (MA). With the matter officially before the court and all filings now completed and accepted by the Court, we are now just waiting for a hearing scheduling date from the Court. SmartMetric is claiming $13.4B in damages and a pre-paid patent license fee from the card companies. It has been indicated that we can expect advisement from the Court on the scheduled hearing date by the end of May, which would most likely see our case against Visa and MasterCard being heard in either late July or early August. This is an indication only and the company is awaiting the calendar scheduling by the Court. Upon the Court advising the company of the scheduled hearing date the company will immediately advise the market and shareholders, many of whom are eagerly following the case of patent infringement SmartMetric has brought against both Visa and MasterCard. It has been a long journey spanning a number of years but we are pleased to see matters coming to a head in the Court and are excited concerning the prospective outcome."
News For SMME;V;MA From The Last 14 Days
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March 27, 2015
11:02 EDTV, MAVisa to miss Russian payment system deadline, CNBC reports
Visa (V) will need one to two months to move its credit card transaction processing in Russia to a local payment system, but MasterCard (MA) will make the April 1 deadline, according to CNBC. Russia ordered foreign card companies to move their transaction processing in Russia to a new local payment system after Russia was sanctioned due to its role in the Ukraine crisis. Reference Link
March 26, 2015
13:03 EDTSMME, MA, VSmartMetric wins $3M fee dispute with Visa, MasterCard
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March 25, 2015
09:35 EDTVActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR TSLA KRFT FB BIDU GPRO V GILD NFLX
07:28 EDTMA, VVisa MasterCard should be bought on any weakness caused by currency, says Stifel
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March 24, 2015
07:27 EDTMATelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
March 23, 2015
07:20 EDTV, MABarclays to hold a forum
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March 16, 2015
10:50 EDTMAMasterCard, Itau Unitbanco announce new 20-year agreement
Itaś (ITUB) and MasterCard (MA) announced today the signing of a new 20-year agreement that further strengthens the long-term relationship between the two companies. As part of the agreement, Itaś and MasterCard will establish and operate a new electronic payments network in Brazil. In addition, Itaś will issue payment solutions including credit, debit and pre-paid cards as part of the newly created payments network and focus on enhancing the efficiency of their payment value chain. MasterCard will be responsible for managing the operations of the new network and transaction routing.
07:10 EDTMAWEX Inc. to receive MasterCard issuing license in Australia
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