Mizuho Upgrades Visa (V) to Outperform
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Fasten Joins Visa's Fast Track Program to Launch a Rewards Card for Drivers and Dealerships
June 4, 2025 9:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Fasten, a leader in driver rewards and customer loyalty solutions for car dealerships, today announced its participation in Visas prestigious Fintech Fast Track program. The companys flagship product, the Fasten Rewards Visa Card, enables drivers to earn rewards on significant auto-related expenses1 like monthly car lease and loan payments,... More
Klarna and Visa Launch Pilot of New Debit Card with Increased Flexibility at Money 2020 Europe
June 3, 2025 7:00 AM EDTCard combines debit and pay over time flexibility in one product using Visa Flexible Credential with FDIC-insured wallet and access to 150M+ global merchants
NEW YORK--(BUSINESS WIRE)-- Klarna, the AI-powered payments and commerce network, unveiled the pilot launch of Klarna Card: a new debit product combined with access to built-in flexible payment options, powered by Visa Flexible Credential and issued by WebBank. Unlike traditional credit cards that can see consumers incur additional debt and interest charges, the Klarna Card will allow consumers to pay immediately or pay later when needed -... More
Visa Appoints Andrew Torre as President of Value-Added Services
June 3, 2025 6:00 AM EDTTorre to Replace Antony Cahill Who Was Named Chief Executive Officer for Visas European Operations
SAN FRANCISCO--(BUSINESS WIRE)-- Visa (NYSE: V) announced today that it has appointed Andrew Torre, a 20-year Visa veteran, as President of Value-Added Services (VAS). Mr. Torre will replace Antony Cahill who was recently named Regional President and Chief Executive Officer for Visas European operations, subject to regulatory approval. Mr. Torre will report to Visa Chief Executive Officer Ryan McInerney and join the Companys global leadership team. He will be based in... More

