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Stock Market & Financial Investment News

News Breaks
March 13, 2013
08:58 EDTVVisa says U.S. aggregate payments volume grew 3% from prior year in Jan./Feb.
Visa disclosed select data from January 1 through February 28 in a regulatory filing in advance of its planned investor discussions around payments volume, cross border volume and processed transactions growth at the Credit Suisse Annual Global Services Conference Visa stated that from January 1 through February 28, U.S. aggregate payments volume growth was positive 3% versus U.S. aggregate payments volume for the prior year period. Visa added: "Further broken down, U.S. credit payments volume growth was positive 11% and debit payments volume growth was negative 3%. Cross border volume growth on a constant dollar basis was positive 10% globally over the prior year period. Processed transactions growth was positive 4% globally over the prior year period."
News For V From The Last 14 Days
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May 20, 2015
10:00 EDTVOn The Fly: Analyst Initiation Summary
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07:36 EDTVMasterCard Visa risk/reward positive, says Bernstein
Bernstein believes that MasterCard (MA) and Visa (V) offer secular growth, defensiveness, and cash generation. The firm says the companies have "compelling business models" and modest risk. Moreover, the firm believes that the stocks offer opportunity, as it expects investors' concerns about disruption, regulation and growth to dissipate.
May 19, 2015
16:51 EDTV, VVisa initiated with an Outperform at CLSA
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07:32 EDTVPacific Crest shifts preference to MasterCard, upgrades to buy
Pacific Crest analyst Josh Beck shifted his preference to MasterCard (MA) from Visa (V) and upgraded the stock to Overweight from Sector Weight. Beck believes interchange legislation in Europe may have an unintended consequence of benefiting global open-loop payment networks, favoring both MasterCard and Visa. The changes are also positive for eBay's (EBAY) PayPal and mixed for American Express (AXP), Beck tells investors today in a research note. He points out his preference for MasterCard relative to Visa follows the latter company's outperformance over the past year. Beck has a $110 price target for MasterCard shares. The stock closed yesterday down 14c to $93.08.
May 15, 2015
16:32 EDTVBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
May 11, 2015
07:22 EDTVVisa acquisiiton of Visa Europe would be positive, says RBC Capital
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May 8, 2015
16:34 EDTVOn The Fly: Top stock stories for Friday
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14:53 EDTVVisa in early talks to acquire Visa Europe for as much as $20B, Bloomberg says
Visa is in early talks to purchase Visa Europe in a deal that could be valued at $20B, Bloomberg reports, citing people with knowledge of the situation. The price of the deal is being discussed in the $15B-$20B range and both companies are working with advisers, Bloomberg added. Reference Link
14:47 EDTVVisa moves to highs of session, up nearly 5%
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14:41 EDTVVisa reportedly in talks to buy Visa Europe, Bloomberg says
Visa Europe said to be valued at approximately $15B-$20B, Bloomberg added.

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