Visa (V) Misses Q4 EPS by 1c

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Visa Inc. Reports Strong Fiscal Fourth Quarter Adjusted Earnings Per Share Growth of 14% and Full-Year 2015 Adjusted Earnings Per Share Growth of 16% and Announces a New $5.0 Billion Share Repurchase

November 2, 2015 6:02 AM EST

GAAP quarterly net income of $1.5 billion or $0.62 per diluted class A common share, an increase of 41% and 44% over the prior year, respectively, or an increase of 12% and 14% over the prior years adjusted results, respectively GAAP full-year 2015 net income of $6.3 billion or $2.58 per diluted class A common share, an increase of 16% and 20% over the prior year, respectively Adjusted full-year 2015 net income of $6.4 billion or $2.62 per diluted class A common share, an increase of 13% and 16% over the prior years adjusted results, respectively The Company authorized a... More

Visa Inc. to Acquire Visa Europe

November 2, 2015 6:01 AM EST

Strategic Acquisition to Create One Global Company That Further Extends Visas Payment Leadership;

Adds Approximately 3,000 European Issuers, over 500M Card Accounts and more than 1.5 trillion in Payments Volumes to Visa Inc. Portfolio

FOSTER CITY, Calif. & LONDON--(BUSINESS WIRE)-- Visa Inc. (NYSE: V) and Visa Europe Ltd. today announced a definitive agreement for Visa Inc. to acquire Visa Europe, creating a single global company. The transaction consists of upfront consideration of 16.5 billion with the potential for an additional earn-out of up to 4.7... More