MA - Mastercard Incorporated
| Previous Close | 218.190 |
| Open | 219.980 |
| Bid | 220.040 x 800 |
| Ask | 220.060 x 1100 |
| Day's Range | 218.960 - 220.830 |
| 52 Week Range | 137.750 - 221.410 |
| Volume | 1,011,739 |
| Avg. Volume | 3,098,495 |
| Market Cap | 229.248B |
| Beta | 1.00 |
| PE Ratio (TTM) | 49.51 |
| EPS (TTM) | 4.459 |
| Earnings Date | Oct 29, 2018 - Nov 2, 2018 |
| Forward Dividend & Yield | 1.00 (0.46%) |
| Ex-Dividend Date | 2018-07-06 |
| 1y Target Est | 230.78 |
Bloomberg Video•2 days agoVisa and Mastercard Reach $6.2 Billion Settlement on Card Fees
Sep.18 -- Visa Inc. and Mastercard Inc. agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust case. Bloomberg's Jenny Surane reports on "Bloomberg Markets."
Reuters Videos•2 days agoVisa, Mastercard settle for $6.2 bln
Credit card companies and a number of U.S. banks agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over fees. Angela Moore reports.
- Moody's•1 hour ago
Penarth Master Issuer plc -- Moody's: No negative rating impact on the Notes issued by Penarth Master Issuer PLC following various amendments to subordinated Notes
Moody's Investors Service ("Moody's") announced today that the Amendments to the subordinated Classes 2014-2 B1, C1 and D1 Notes executed on or around 20 September 2018 by Penarth Master Issuer plc (the "Issuer") will not, in and of themselves and at this time, result in a reduction or withdrawal of the current ratings of the issuers' Notes. Moody's has analyzed the following amendments to the subordinated 2014-2 B1, C1 and D1 Notes: (i) extension of the expected maturity date to September 2025 and the final legal maturity date to September 2027 for Classes B1 and C1, extension of the expected maturity date to September 2028 and the final legal maturity date to September 2030 for Class D1, (ii) the increase in the Accumulation Period for the notes to up to 12 months prior to the Scheduled Maturity Date, (iii) the deletion of the funding requirement for the accumulation reserve account for the B1, C1 and D1 Notes, and (iv) the amendment of the margins for the B1, C1 and D1 Notes (the "Amendments").
- American City Business Journals•22 hours ago
Riot Games lands priceless global sponsor for ‘League of Legends’
Mastercard will serve as the game’s exclusive global payment services partner, focusing on three events: Mid-Season Invitational, All-Star Event and World Championship.
- Zacks•yesterday
Visa (V), Mastercard to Settle U.S. Merchant Litigation
Visa (V), Mastercard along with banks such as JPMorgan, Citigroup and Bank of America, among others, agree to pay roughly $6.5 billion to settle the claims to merchants over card swipe controversy.
- Zacks•yesterday
Mastercard's (MA) Tie-Up to Digitalize Global B2B Market
Mastercard (MA) collaborates with JAGGAER to launch a trade platform for consolidating international commercial business interactions.
- Investopedia•yesterday
Mastercard Shares Are Alerting Bullish Trading Activity
A gain of approximately 45% in 2018 for shares of Mastercard Incorporated ( MA) was likely due in part to unusual bullish trading activity accompanying the move higher. Mastercard has clearly been in one of the hottest areas of growth in the market the past couple of years – digital payments. At many points in 2018, Mastercard shares have increased in price alongside an increase in volume.
- TheStreet.com•yesterday
Here Is How Mastercard Is Betting That Global Trade Will Increase
Even with the threat of tariffs and uncertainty surrounding U.S. trade policy, Mastercard is betting that global trade will increase.
- Investing.com•yesterday
Bitcoin Prices Gain; PBOC Issues New Warning on Crypto
Investing.com - Bitcoin and other major cryptocurrency prices gained on Wednesday despite reports that the People’s Bank of China (PBoC) issued a new warning regarding investments in crypto and initial coin offerings (ICOs).
Associated Press•yesterdayDespite sexism claims, Riot Games lands Mastercard deal
NEW YORK (AP) — Esports giant Riot Games is adding its first global sponsor, even as the company behind League of Legends contends with backlash over claims it has fostered a sexist culture.
- Business Wire•yesterday
Mastercard Signs with League of Legends® as First Global Partner of the World’s Largest Esport
Mastercard today announced a multi-year partnership with Riot Games to become the first global sponsor for League of Legends esports, the largest esport in the world. This first-of-its-kind global agreement signifies Mastercard’s support of the esports community and further diversifies the technology company’s world-class sports and entertainment portfolio. “Esports is a phenomenon that continues to grow in popularity, with fans that can rival those at any major sporting event in their enthusiasm and energy,” said Raja Rajamannar, chief marketing and communications officer, Mastercard.
- The Wall Street Journal•2 days ago
[$$] Mastercard, Visa Agree to Settle Merchant Antitrust Suit
Mastercard Inc., Visa Inc. and other financial institutions have agreed to settle a long-running antitrust lawsuit with merchants over the fees they pay when they accept card payments for a proposed settlement amount of about $6.2 billion. The proposed amount includes $900 million from all of the defendants, including a number of banks that issue debit and credit cards, including JPMorgan Chase & Co., Citigroup Inc., and Bank of America Corp. It also includes roughly $5.3 billion already paid by the defendants as part of a $7.25 billion settlement reached in 2012. Visa’s share of the new settlement is $600 million, which it said it set aside for the settlement on June 28.
- Associated Press•2 days ago
Business Highlights
China announces retaliatory tax increases on $60 billion worth of U.S. imports, including coffee, honey and industrial chemicals. The increases are in response to the U.S. announcing it will impose tariffs on $200 billion worth of Chinese-made goods starting next week. The tariffs will start at 10 percent, then rise to 25 percent on Jan. 1.
Associated Press•2 days agoVisa, Mastercard in new settlement of credit card fee suit
Visa and Mastercard said Tuesday they will pay $6.2 billion to settle part of a long-running lawsuit brought by merchants over fees on credit card transactions. Visa says it will pay $4.1 billion and Mastercard will pay about $900 million. A group of 19 merchants and trade groups alleged Visa and MasterCard conspired to fix fees that are charged to stores for handling credit card payments.
- Bloomberg•2 days ago
Visa and Mastercard Reach $6.2 Billion Settlement on Card Fees
Visa Inc. and Mastercard Inc. agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust ...
- Investing.com•2 days ago
Cryptos Fall, Mastercard Explores B2B Blockchain
Cryptocurrencies overall were slightly lower with the coin market cap of total market capitalization at $197 billion at the time of writing, compared to $201 billion on Monday. Ethereum, or Ether, the second-biggest alternative currency by market cap, fell 4.63% to $207.73. XRP, the third-largest virtual currency, was up 8.83% to $0.30647 and Litecoin was at $53.448, down 3.97%.
Reuters•2 days agoVisa, Mastercard reach $6.2 billion settlement over card-swipe fees
Visa and Mastercard previously reached a $7.25 billion settlement with the merchants in the case, but that deal was thrown out by a federal appeals court in 2016 and the U.S. Supreme Court last year refused to revive it. The lawsuit, brought on behalf of about 12 million retailers and dating back more than a decade, accuses the credit card companies of violating federal antitrust laws by forcing merchants to pay swipe fees and prohibiting them from directing consumers toward other methods of payment. In rejecting the earlier settlement, which was opposed by retailers including Amazon.com Inc, Costco Wholesale Corp and Walmart Inc, a federal appeals court found that the accord was unfair because some retailers would receive little or no benefit.
- Reuters•2 days ago
Visa, Mastercard reach $6.2 billion settlement over card-swipe fees
Visa and Mastercard previously reached a $7.25 billion settlement with the merchants in the case, but that deal was thrown out by a federal appeals court in 2016 and the U.S. Supreme Court last year refused to revive it. The lawsuit, brought on behalf of about 12 million retailers and dating back more than a decade, accuses the credit card companies of violating federal antitrust laws by forcing merchants to pay swipe fees and prohibiting them from directing consumers towards other methods of payment. In rejecting the earlier settlement, which was opposed by retailers including Amazon.com Inc, Costco Wholesale Corp and Walmart Inc, a federal appeals court found that the accord was unfair because some retailers would receive little or no benefit.
- CNBC•2 days ago
Visa, Mastercard and others to pay $900 million more in amended settlement over card-swipe fees
The $900 million will be tacked onto the $5.3 billion paid to merchants in 2012. Visa's share of the additional settlement payment is $600 million, while Mastercard agreed to pay $108 million on a pre-tax basis, according to Securities and Exchange Commission filings.
- Investopedia•2 days ago
Mastercard Patents See Blockchain For Data Records
Mastercard Inc. ( MA), the leading global payments & technology company, is actively exploring the use of blockchain to keep track of consumer payments, according to a series ( one, two and three) of similar patent filings published recently by the U.S. Patent and Trademark Office. Titled “Method and system for recording point to point transaction processing,” th patent filings describe methods based on distributed ledger technology (DLT) for providing a multi-service platform to enable secure storage of key data for transactions, “including point to point and business to business transactions.” Highlighting the particular use of blockchain to efficiently restructure account management for keeping up with the needs of financial book keeping, one of the implementations mentioned in the filing explains how blockchain can be used to simplify registering and monitoring buy orders.
- MarketWatch•2 days ago
Visa, Mastercard settle U.S. retailers class-action suit
Visa Inc. and Mastercard Inc. said Tuesday they have agreed to settle a class-action lawsuit brought by U.S. retailers in 2005 for a proposed settlement amount of $6.2 billion. Visa's stock was up 0.4% in premarket trade and Mastercard shares gained 0.5%. Visa said its share represents $4.1 billion, which will be satisfied through funds deposited with the court plus $600 million deposited into its litigation escrow on June 28. "No additional funds are required for this class settlement," Visa said in a statement. "Visa's share is covered under its U.S. Retrospective Responsibility Plan, which was created to insulate the company and class A shareholders from financial liability for certain litigation cases." Mastercard said its share of the financial agreement is an additional $108 million; in total the defendants have agreed on an additional payment of $900 million. "The company recorded a $210 million charge in its second-quarter 2018 financial statements, which will cover the financial obligation under this agreement and for estimated liabilities related to filed and anticipated opt-out merchant cases," Mastercard said in a statement. Year to date, Visa shares have rallied 28%, Mastercard's stock has run up 43% and the Dow Jones Industrial Average has tacked on 5.4%.
- TheStreet.com•2 days ago
Visa, Mastercard and Others Will Pay Extra $900M to Close Merchant Fees Suit
shares traded lower in pre-market trading Tuesday after the credit card companies said they, as well as other defendants, will pay an extra $900 million to retailers in a settlement that would ultimately cost the industry $6.2 billion and draw a line under one of the most expensive antitrust lawsuits in U.S. history. Visa said its share of the extra $900 million payout, which amends a $7.25 billion settlement first agreed in 2012, would be $600 million and would be paid from the company's current litigation reserves. Visa's total payout in the case, which was first brought by merchants in 2005, would be $4.1 billion, the company said.
- Bloomberg•2 days ago
Visa, Mastercard Face Next Fight After $6.2 Billion Settlement
A record $6.2 billion settlement won’t be enough to end Visa and Mastercard’s long-running feud with the U.S.’s biggest retailers. In the largest-ever class-action settlement of a U.S. antitrust case, Visa Inc. and Mastercard Inc. agreed to pay between $5.54 billion and $6.24 billion to a class of more than 12 million merchants who accept the payment networks’ cards, according to a regulatory filing on Tuesday. There’s a separate class of merchants fighting for changes to Visa and Mastercard’s business practices.
- Business Wire•2 days ago
Mastercard Reaches Agreement to Settle Monetary Damages Related to U.S. Merchant Litigation
Mastercard has reached an agreement to settle monetary damages claims in the U.S. merchant class-action litigation. The agreement formalizes prior discussions and has been executed by all of the defendants – including Mastercard, Visa and a number of banks – and the court-appointed class counsel for the merchants. The settlement is an amendment to the financial terms of the 2012 Class Settlement Agreement and will be filed with the court seeking approval.
- GlobeNewswire•2 days ago
JAGGAER Partners with Mastercard on Newly Launched Mastercard Track™ Platform
RESEARCH TRIANGLE PARK, N.C., Sept. 18, 2018-- JAGGAER, the world’ s largest independent spend management company, has joined Mastercard in its launch of Mastercard Track™, a new trade platform designed ...
