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Stock Market & Financial Investment News

News Breaks
March 20, 2013
07:22 EDTVVisa has ample liquidity for Visa Europe deal, says JPMorgan
JPMorgan believes Visa has ample liquidity to fund the transaction should the European banks that own Visa Europe decide to exercise their put option. While the Wall Street Journal said the sale could be around $3B, JPMorgan thinks the valuation could be above $4.6B. The firm would view the put being exercised as positive for Visa, noting it could be about 10c accretive to annual earnings. JPMorgan keeps an Overweight rating on Visa shares with a $180 price target.
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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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