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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.
News For V From The Last 14 Days
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March 27, 2015
11:02 EDTVVisa to miss Russian payment system deadline, CNBC reports
Visa (V) will need one to two months to move its credit card transaction processing in Russia to a local payment system, but MasterCard (MA) will make the April 1 deadline, according to CNBC. Russia ordered foreign card companies to move their transaction processing in Russia to a new local payment system after Russia was sanctioned due to its role in the Ukraine crisis. Reference Link
March 26, 2015
13:03 EDTVSmartMetric wins $3M fee dispute with Visa, MasterCard
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March 25, 2015
09:35 EDTVActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR TSLA KRFT FB BIDU GPRO V GILD NFLX
07:28 EDTVVisa MasterCard should be bought on any weakness caused by currency, says Stifel
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March 23, 2015
07:20 EDTVBarclays to hold a forum
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