Jefferies Remains Bullish as Visa (V) Announces CEO Resignation
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Wedbush Remains Sidelined as Visa (V) CEO Announces Resignation
October 18, 2016 8:14 AM EDTWedbush reiterated a Neutral rating and $77.00 price target on Visa (NYSE: V) following the company's announcement the CEO Charlie Scharf is resigning. The resignation is effective December 1st, when new CEO Alfred F. Kelly, Jr. is set to take over. Mr. Scharf informed the board of directors of this decision to... More
Visa (V): Rating And PT Remain After Surprise CEO Change - Nomura
October 18, 2016 7:44 AM EDTNomura Securities analyst, Bill Carcache reiterated his Buy rating on shares of Visa (NYSE: V) after the company announced that CEO, Charlie Scharf, will resign effective December 1, for personal reasons. He will be replaced by board member, Alfred F. Kelly, Jr.. Beginning December... More
After-Hours Stock Movers 10/17: (NFLX) (RECN) (TACO) Higher; (BMI) (NKTR) (IBM) Lower (more...)
October 17, 2016 6:11 PM EDTToday's After-Hours Movers
Netflix (NASDAQ: NFLX) 19.8% HIGHER; reported Q3 EPS of $0.12, $0.06 better than the analyst estimate of $0.06. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.28 billion. Q3 U.S. subscriber additions were 370K, versus the consensus of 310K. Q3 Intl. streaming additions were 3.2 million, versus consensus of 2 million. For Q4, Netflix forecast 5.2 million global net adds, with 1.45 million net adds in the US (cons is 1M) and 3.75 million new members internationally (cons is 3.37 million). The company sees Q4 revenue of $2.34 billion, versus the consensus of... More
Visa (V) CEO Scharf to Resign; Successor Named
October 17, 2016 4:05 PM EDTVisa Inc. (NYSE: V) announced that Charlie Scharf is resigning as chief executive officer effective December 1, 2016, and the board of directors has unanimously voted to appoint Alfred F. Kelly, Jr. as CEO. Mr. Kelly, a current Visa board member, is the president and chief executive officer of Intersection Co. and the former president of American Express Co.
Mr. Scharf informed the board of directors that he decided to resign his position as CEO and board member because he could no longer spend the time in San Francisco necessary to do the job... More
