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News Breaks | | | | March 13, 2013 | | 08:58 EDT |  | V | Visa 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." | |
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News For V From The Last 14 Days Check below for free stories on V the last two weeks. |
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| May 21, 2013 | | 14:50 EDT |  | V | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link | | | May 15, 2013 | | 17:46 EDT | | V | SAC 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 EDT | | V | Visa prepared to enter China, China Daily reports
 Subscribe for More Information | | | 06:44 EDT | | V | Visa 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 EDT |  | V | Visa price target raised to $196 from $177 at Deutsche Bank
Subscribe for More Information | | | May 13, 2013 | | 07:59 EDT |  | V | Visa management to meet with Deutsche Bank
Meeting to be held in New York on May 13 hosted by Deutsche Bank. | |
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