139.87 +0.23 (0.16%)
After hours: 7:48PM EDT
|Bid||139.67 x 1400|
|Ask||0.00 x 1400|
|Day's Range||137.42 - 139.91|
|52 Week Range||93.19 - 139.91|
|PE Ratio (TTM)||35.33|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||0.84 (0.60%)|
|1y Target Est||146.59|
Visa Inc. today announced that on July 16, 2018, its board of directors declared a quarterly cash dividend of $0.21 per share of class A common stock , payable on September 4, 2018, to all holders of record as of August 17, 2018.
Now that second-quarter earnings season is in swing, we've already heard from a number of big banks, although with mixed reactions. On the payments side of financials, Oppenheimer's Glenn Greene takes a look at Mastercard (MA) and Visa (V) ahead of their reports, writing that he expects their robust run to continue. Greene reiterated an Outperform rating on both stocks Tuesday, and raised his price target on Mastercard to $215 from $197, and for Visa to $154 from $143.
The Digital Payments and the Global Informal Economy report, a first-of-its-kind study, measures the size of the informal economy across 60 countries over a 10-year period, and explores the role of digital payments in reducing the informal economy and boosting GDP and tax revenue in these countries. The global informal economy - legal, income-generating activities conducted off-the-books and outside of government purview - is substantial, exceeding US$10.7 trillion in value of economic activity, or 23 percent of global GDP.
Visa’s (NYSE:V) stock chart is almost boring to look at. Shares have been steadily climbing for several years now; there are little to no significant downtrends evident in the chart’s five-year view. And in 2018 thus far, V stock has gained over 22% — more than four times better than the broader market.
Visa data shows that international travelers from the United States and Mexico continue to lead in-stadium purchases for foreign spenders at the FIFA World Cup™
Man, do I wish I was a bigger fan of World Wrestling Entertainment (NYSE:WWE). Of course, that’s no guarantee that I would have caught any of the 265% rally in WWE stock over the past year, but it certainly would have helped.
Jim Cramer explains why the stocks of Mastercard and Visa have strong safeguards against the brewing U.S.-China trade conflict.
Visa Inc. and Mastercard Inc. are both putting money aside for impending settlements in a long-running merchant suit, but investors will see these preparations reflected very differently in the companies’ financials.
MIAMI, July 10, 2018 /PRNewswire/ -- Visa (NYSE:V) today announced the launch of Visa Loyalty Solutions (VLS), an omnichannel digital points redemption platform available to all issuing banks in Latin America and the Caribbean (LAC) and offering consumers more than a quarter of a million redemption options. Visa Loyalty Solutions was co-created by Visa LAC in collaboration with global FinTech and InsurTech company novae.
To receive further updates on this Square Inc (NYSE:SQ) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of SlingShot Trader today. Last week was a busy one for Square Inc (NYSE:SQ), as the company has withdrawn its bank-charter application with the Federal Deposit Insurance Corporation (FDIC).
Midterm elections are just four months away. At the recent MoneyShow Las Vegas, four leading investment experts — Keith Fitz-Gerald, Mike Larson, Mark Skousen and Louis Navellier — offered their top stock ideas that could perform well in any political environment. The midterm election to me is all about security.
HONG KONG, July 9, 2018 /PRNewswire/ -- Students from Heung To Middle School won this year's Hong Kong Liberal Studies Financial Championship, beating more than 6,000 other students from 111 schools. The first runner-up is St. Joseph's College and the second runner-up is St. Paul's School (Lam Tin). The final round of the city-wide, inter-school competition was held last Friday (July 6) at the Hong Kong Exchanges and Clearing, concluding the three-month long Hong Kong Liberal Studies-Financial Literacy Championship program.
Visa Inc. (NYSE:V) today announced the new conversion rate applicable to the Company’s class B common stock resulting from its June 28, 2018 deposit of $600 million into the U.S. litigation escrow account previously established under the Company’s U.S. retrospective responsibility plan (the “Plan”). Under the terms of the Plan, this resulted in the decrease in the conversion rate applicable to the Company’s class B common stock from 1.6483 to 1.6298, effective as of June 28, 2018. The deposit and conversion rate adjustment calculations were conducted in accordance with the Company’s certificate of incorporation using the volume-weighted average price over the 7-day pricing period from June 25, 2018 through July 3, 2018.
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A British appeals court ruled in favor of retailers including J Sainsbury Plc in a blow to credit card firms that could now face billions of pounds in damages. The fees fixed by Visa Inc. and Mastercard Inc. restrict competition and are unlawful, Judge Terence Etherton said today in London. The ruling, which also involved Wal-Mart Stores Inc.’s Asda and Wm Morrison Supermarkets Plc, resolved wildly different decisions by judges in the lower courts.
Twilio (NYSE:TWLO) has been on a tear so far this year, with TWLO stock up a robust 136%. With a market cap of just $5.4 billion, there’s always the possibility that Twilio can go higher. With a limited number of shares or if an interested acquirer comes sniffing around, TWLO stock could have upside.
Analysts are upbeat about the card networks following AmEx rulingVisa and Mastercard are reportedly close to settling a years-old antitrust case. Visa Inc. and Mastercard Inc., which appear poised to settle a multibillion-dollar antitrust lawsuit, are sitting pretty. A Supreme Court victory for American Express Co. (AXP) earlier in the week solidified core elements of the card companies’ business models and will make it harder for merchants to challenge the networks going forward.