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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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August 26, 2014
08:30 EDTVConcerns about payment disintermediation overdone, says Pacific Crest
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August 25, 2014
07:50 EDTVVisa headwinds likely to subside, says Pacific Crest
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August 15, 2014
10:27 EDTVVisa management to meet with Pacific Crest
Meeting to be held on the West Coast on August 21 hosted by Pacific Crest.
06:15 EDTVSprint's new CEO to introduce 'disruptive' prices next week, Re/code reports
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August 14, 2014
16:54 EDTVBerkshire Hathaway gives quarterly update on stakes
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