Visa Inc. (V) Hits Intraday Low
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July 31, 2013 2:12 PM EDT
Shares of Visa (NYSE: V) and came under heavy pressure on Wednesday. The decline relates to a Federal Court ruling on debit interchange rates. The decline may have some bulls eyeing fresh entry points.
"While valuations aren't where we would like for an upgrade, we do believe that the... More
July 31, 2013 8:01 AM EDT
(Updated - July 31, 2013 8:21 AM EDT)
MasterCard, Inc. (NYSE: MA) reported Q1 EPS of $6.96, $0.67 better than the analyst estimate of $6.29. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2 billion.
In the same period last year, revs were $1.8... More
July 30, 2013 8:04 AM EDT
MasterCard (NYSE: MA) and Visa Inc. (NYSE: V) announced today an agreement to license their respective common U.S. debit solutions to each other to meet the industry need for a streamlined approach to route U.S. chip debit transactions over... More
