Its not the casinos its how they are financed....the mob never had these problems....with them if your casino didnt make money you took a drive to see the sunrise in the desert.
How do you think everyone is paying for amazon....who is processing Apple wallet...who is processing Google pay.... who will process charges from 1.5 billion chinese ?....come on guess Visa
Been in V since 2 weeks after the ipo...dont think it should have split...but they disregarded my vote...Realize that with the current PE its a little high, but no debt so that counts Visa is not a finance co its a tech co
Unless the co does something really stupid V should be around for 50 or more years .....but I'll bet they used to say that about buggy whip co too
America is tired of white guys trying to make a pseudo political statement when they actually have a cougar fetish ahaahaah
just knowing that you own a stock that has been endorsed by Mr. Buffett should be enough of dividend.
Sorry, Mr Buffett feels that the money could best be used within the Co to further expand....there have been some on line rumours about an eventual dividend but I personally doubt it
You do know that these are completely different types of companies ? AXP is a bank and it holds the receivables ? V is a processing co that takes a cut from the transaction and passes the money on to the issuing bank. As such V is not concerned with delinquent accounts and non-payments. If the economy takes a dump V still gets its processing fee off the top