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Stock Market & Financial Investment News

News Breaks
February 26, 2014
06:12 EDTVEU makes Visa Europe's commitments to cut MIFs legally binding
The European Commission has rendered legally binding the commitments offered by Visa Europe to significantly cut its multilateral interchange fees, or MIFs, for credit card payments to a level of 0.3% of the value of the transaction -- a reduction of about 40 to 60% -- and to reform its rules in order to facilitate cross-border competition. The Commission continues the proceedings against Visa Inc. in relation to international inter-bank fees. These are the fees that apply when a card holder from outside the Visa Europe territory uses his Visa credit card to make a purchase at a merchant in the EEA. These fees are set by Visa Inc. and not by Visa Europe. Reference Link
News For V From The Last 14 Days
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January 27, 2015
11:38 EDTVVisa January weekly volatility elevated into Q1 and outlook
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January 26, 2015
08:56 EDTVVisa price target raised to $283 from $262 at Bernstein
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January 21, 2015
13:38 EDTVEarnings Preview: eBay shares rise over 5.5% since last earnings report
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January 20, 2015
09:44 EDTVSupreme Court denies appeal of 'swipe fee' ruling, Reuters reports
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