V - Visa Inc.
| Previous Close | 149.11 |
| Open | 149.71 |
| Bid | 0.00 x 900 |
| Ask | 0.00 x 900 |
| Day's Range | 149.10 - 149.96 |
| 52 Week Range | 102.90 - 150.26 |
| Volume | 4,230,860 |
| Avg. Volume | 7,238,993 |
| Market Cap | 332.832B |
| Beta | 1.00 |
| PE Ratio (TTM) | 36.52 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.84 (0.56%) |
| Ex-Dividend Date | 2018-08-16 |
| 1y Target Est | N/A |
- The Wall Street Journal•7 hours ago
[$$] Shoppers Love Rewards Credit Cards. Retailers Hate Them.
Consumers have become addicted to credit cards with generous rewards programs. Large merchants including Amazon.com Inc., Target Corp. and Home Depot Inc. are pushing for the right to reject some rewards credit cards, which typically carry higher fees for merchants. The retailers are trying to end the card networks’ “honor all cards” rule, which requires merchants that accept Visa- or Mastercard-branded credit cards to take all of them.
- Zacks•15 hours ago
Top Research Reports for Johnson & Johnson, Visa & Verizon
Top Research Reports for Johnson & Johnson, Visa & Verizon
- Zacks•17 hours ago
Is Visa (V) Stock Outpacing Its Business Services Peers This Year?
Is (V) Outperforming Other Business Services Stocks This Year?
- Zacks•2 days ago
Mastercard vs. Visa: Which Payment Processor Looks Better?
On comparative evaluation, we try and find out which stock, Mastercard Incorporated (MA) or Visa Inc. (V), is a more profitable bet considering the fundamentals.
- Zacks•5 days ago
Dow 30 Stock Roundup: JPMorgan Ups Dividend, Disney's ESPN+ Hits 1M Paid Subscribers
The index made strong gains this week as investors shrugged off trade tensions.
- American City Business Journals•5 days ago
Former First Data exec takes reins at metro Atlanta-based tech company
Brightlink picked its successor to Sean Dwyer, who led the initial private equity investment in the company and will move to a newly created executive chairman position.
- InvestorPlace•6 days ago
Have Analysts Become Too Bearish on Costco Stock?
Since mid-April, Costco Wholesale Corporation (NASDAQ:COST) stock has had quite a run. COST stock was somewhat choppy in 2017, but 2018 has been a different story. Costco stock has gained 25% so far this year, and nearly all of the gains have come over the last five months.
- Zacks•7 days ago
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.
- The Wall Street Journal•7 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•7 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.
- TheStreet.com•7 days ago
Facebook, Banks Went Back and Forth Over User Data: LIVE MARKETS BLOG
The major U.S. indices closed Tuesday's session on a high note, shrugging off a new round of trade turmoil as the U.S. and China exchange threats over trade pacts. has spent years debating with financial firms over how much access the social media company should have to financial information that was transferred over its Messenger platform, according to a Wall Street Journal report. The Journal reports that as recently as last year the company haggled with financial firms for the ability to use customer data for targeted advertising purposes.
- Bloomberg•8 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 ...
- InvestorPlace•8 days ago
15 Best S&P 500 Stocks to Buy as the Markets Heat Up
While a balanced portfolio allows for some speculation, now is also a great time to consider S&P 500 stocks. Since the second half of this year, the S&P 500 has gained nearly 7%. Another reason to consider S&P 500 stocks is that they’re more stable on the way down.
Reuters•8 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•8 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•8 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.
- MarketWatch•8 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•8 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•8 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.
- Zacks•8 days ago
Visa (V) Dips More Than Broader Markets: What You Should Know
Visa (V) closed at $146.18 in the latest trading session, marking a -1.2% move from the prior day.
- Bloomberg•8 days ago
Visa Wants to Make the Payment System as Easy as Possible, CEO Says
Alfred Kelly, Visa Inc. chief executive officer, talks with Bloomberg's Emily Chang about the company's growth drivers and strategy on "Bloomberg Markets: The Close." (Source: Bloomberg)
InvestorPlace•9 days agoSquare Stock Requires Caution Despite Strong Prospects Through 2018
While the stock markets have been pressured downward by threats of global tariff wars, the financial technology sector has been relentless. Stocks like Square (NYSE:SQ), Paypal (NASDAQ:PYPL) and even old dogs like Visa (NYSE:V) or Mastercard (NYSE:MA) are soaring to outperform the S&P 500. Compare that to 30% for Visa and 40% for MasterCard, while the SPY is at 7% for the same period.
- TheStreet.com•9 days ago
Will Visa Stock Be Everywhere You Want It to Be?
Now that prices are close to our $150 target area another review of the charts and indicator is in order. In the daily bar chart of V, below, we can see that prices have continued to rally from late May without either a lengthy or deep correction. This is a bearish divergence when compared to the price action, which shows higher highs in price.
- MarketWatch•9 days ago
PayPal is a 'safe-haven stock' like Visa and Mastercard, says Instinet
Instinet analyst Bill Carcache on Monday called PayPal Holdings Inc. shares "an oasis in a challenging market" and said that PayPal is a "safe-haven stock (in the same family as Visa Inc. and Mastercard Inc. ." He believes that the company will be able to "accelerate" Venmo's monetization efforts and card-volume growth. In a recent conversation with the company's chief financial officer, Carcache learned that demand for physical Venmo debit cards has outstripped supply. "Issuance delays represent a short-term obstacle and suggest that Venmo card monetization efforts will continue to ramp gradually over time as customers receive and activate their cards," he wrote. "Notably, Venmo debit card volumes are largely funded via ACH [Automated Clearing House, or bank-account funding], debit cards, and stored balances and are expected to exert downward pressure on the transaction expense rate." Pricing opportunities for the core PayPal platform and the ability to pay with rewards are other growth opportunities highlighted by PayPal's CFO at the recent meeting with Carcache. He rates PayPal's stock a buy with a $120 price target. Also on Monday, PayPal announced the global rollout of its new marketing and checkout tools. The shares are down 1.6% in Monday's session, though they're up 43% over the past 12 months. The S&P 500 has gained 16% in that time.
Bloomberg Video•8 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."
