140.48 +0.56 (0.40%)
Pre-Market: 7:00AM EDT
|Bid||140.50 x 900|
|Ask||141.00 x 1800|
|Day's Range||138.84 - 140.69|
|52 Week Range||101.94 - 143.14|
|PE Ratio (TTM)||34.16|
|Earnings Date||Oct 23, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||0.84 (0.60%)|
|1y Target Est||157.85|
According to the most recent 13F for billionaire Dan Loeb's Third Point, the hedge fund has decreased its holdings from 40 to 38 while increasing its portfolio value from $13.32 billion to $14.35 billion in the last quarter. The 13F filing, submitted to the U.S. Securities and Exchange Commission ahead of the August 15th deadline, also indicates that Third Point's portfolio remains highly concentrated, with just three holdings accounting for about a third of the entire portfolio value.
Corey Lewandowski, President Donald Trump's former campaign manager, touted on Wednesday benefits he sees in federal government approval of T-Mobile US Inc's bid to acquire Sprint Corp, while also denying that he has worked directly for the company. Lewandowski said he remains in regular contact with the president and has daily contact with Trump's new campaign manager Brad Parscale.
The chart below is a three-month chart of Visa. The blue line on these charts represents a predicted moving average, while the black line represents a simple 10-day moving average. When the blue line is above the black, that represents an uptrend.
Alibaba Group’s staggering initial public offering of $25 billion shattered all records and became the largest IPO ever. But how does the Alibaba number compare to other huge IPOs? Here, we've compiled a list of the 10 biggest IPOs of all time.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Consumer spending wilts in the summer heat House of Fraser ...
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Philip Day, the retail billionaire ...
What’s known in payments-industry parlance as an interchange fee is typically divided among multiple parties and usually amounts to about 2 percent of a purchase price for a credit-card transaction and 24 cents for one with a debit card. The networks, Visa and Mastercard, sit between the consumer’s bank and the merchant’s bank and send signals back and forth that allow money to securely pass between the two. In a typical transaction, proceeds are shared by the two banks and either Visa or Mastercard.
Visa Inc. and Mastercard Inc. agreed to cut Canadian credit-card transaction fees in a move that could save smaller businesses C$250 million ($192 million) a year and crimp revenue for Canadian lenders. The U.S. companies agreed to reduce the average annual interchange rate in Canada by 10 basis points to 1.4 percent on cards, Canada’s finance department said Thursday in a statement. The government estimated that small and medium-sized businesses could save C$25,000 over the period.
Shares of fintech giants Visa Inc. ( V) and MasterCard Inc. ( MA) have increased by 39% and 56% respectively over the past year, crushing the S&P 500's rise of just 15.5%. Visa crushed analysts' earnings estimates by nearly 10% when it reported fiscal fourth-quarter results at the end of July with revenue that topped forecasts by approximately 3%. MasterCard did the same, with earnings beating estimates by nearly 9%, while revenue came in-line.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he would take profits in Crispr Therapeutics AG (NASDAQ: CRSP ). Enable Midstream Partners LP (NYSE: ENBL ) pays a good dividend, said ...
Thanks to the Republican tax plan and increasing revenues, investors are seeing a bit more green in their pockets. Momentum in iPhone sales, as well as record services revenues, helped the consumer tech giant realize a big jump in operating cash flows.
A collaboration between Visa Inc. (NYSE:V), Filene Research Institute and the Ford Foundation aimed at strengthening access to financial services reached 18,000 underbanked households over the past 18 months. The effort, called the “Reaching Minority Households Incubator” program, worked with 40 credit unions across the U.S. and Canada to test financial products and services designed to address the needs of minority communities. During the 18-month testing period, the incubator program issued more than 58,000 loans totaling more than $80 million.
Visa (NYSE:V) today announced an investment and partnership with Israeli start-up, Behalf, to support small business growth through easy-to-access capital and financing. Behalf provides working capital solutions for small businesses and flexible financing for business purchases. As part of Visa’s investment in Behalf, Visa will offer Behalf’s small-business clients a tokenized Visa Virtual Card, a credit-based payment solution that gives businesses instant financing for their business purchases.
The Nasdaq was on track for a fifth straight advance Monday afternoon thanks to strength in some techs and in its newest big member, PepsiCo.
Visa Inc. (NYSE:V) announced today that its board of directors has appointed Denise M. Morrison as a new independent director, effective August 2, 2018. Ms. Morrison was chief executive officer of Campbell Soup Company from 2011 until her retirement in 2018. Ms. Morrison has a distinguished background of building strong businesses and growing iconic brands.
The credit card company should continue to experience market-beating returns as long as it keeps growing in these key markets around the globe.
MARKET PULSE Discover Financial Services (dfs) said Chief Executive David Nelms will step down, after 14 years in the role, as he plans to retire in early 2019. The stock was still inactive in premarket trade.