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Stock Market & Financial Investment News

News Breaks
November 9, 2012
15:30 EDTVVisa says settlement is 'fair and reasonable compromise for all parties'
Visa General Counsel Josh Floum issued the following stated in response to the U.S. District Court's preliminary approval of the multi-district interchange litigation: "We are pleased that Judge Gleeson has preliminarily approved this settlement, moving us closer to resolving this long standing litigation to the benefit of all involved. Our belief that the agreement will eventually receive final approval was strengthened today. As we have said from the beginning, this settlement is a fair and reasonable compromise for all parties. It is the result of two years of negotiation between retailers, their legal counsel, the networks, financial institutions and two highly regarded mediators under the supervision of the court. We look forward to bringing closure to this issue and working in partnership with retailers and our financial institution clients to accelerate the growth of convenient, secure and reliable electronic payments."
News For V From The Last 14 Days
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March 27, 2015
11:02 EDTVVisa 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 EDTVSmartMetric 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 EDTVVisa MasterCard should be bought on any weakness caused by currency, says Stifel
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March 23, 2015
07:20 EDTVBarclays to hold a forum
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