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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 20, 2015
14:07 EDTVVisa bounces higher after Sky News report of European merger
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13:22 EDTVVisa mulls $21B bid to merge U.S., European units, Sky News reports
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08:20 EDTVVisa management to meet with Pacific Crest
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August 19, 2015
13:30 EDTVOptions with increasing put volume;
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August 18, 2015
11:36 EDTVTarget reaches settlement with Visa over data breach, WSJ reports
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11:10 EDTVVisa calls active on activist investor speculation
Visa August 74.5 and 75 calls are active on total call volume of 12K (1K puts) on activist investor speculation. August call option implied volatility is at 18, September is at 19; compared to its 52-week range of 14 to 31. Active call volume suggests traders taking positions for upside price movement.
10:34 EDTVRumor: Visa goes positive on activist investor speculation
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06:03 EDTVVisa and QIWI implement contactless payment technology
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