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Stock Market & Financial Investment News

News Breaks
October 17, 2012
07:17 EDTVVisa may name new CEO as soon as this month, WSJ reports
Visa (V) could name a new CEO as soon as this month to succeed retiring CEO Joseph Saunders, sources tell the Wall Street Journal. Saunders is expected to retire when his contract expires in March. The leading contender for the CEO role is former Visa board member Charles Scharf, the sources add, while the leading internal candidate is Elizabeth Buse. Reference Link
News For V From The Last 14 Days
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May 15, 2013
17:46 EDTVSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
May 14, 2013
09:17 EDTVVisa prepared to enter China, China Daily reports
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06:44 EDTVVisa 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
05:40 EDTVVisa price target raised to $196 from $177 at Deutsche Bank
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May 13, 2013
07:59 EDTVVisa management to meet with Deutsche Bank
Meeting to be held in New York on May 13 hosted by Deutsche Bank.
May 7, 2013
10:43 EDTVSmartMetric claims $13.4B in patent infringement suit brought against Visa, MasterCard
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07:31 EDTVSusquehanna to host a conference
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05:45 EDTVVisa looks abroad for growth, WSJ reports
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