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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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May 26, 2015
20:50 EDTVBernstein to hold a conference
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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.

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