135.28 +2.09 (1.57%)
Pre-Market: 8:54AM EST
|Bid||134.97 x 900|
|Ask||135.20 x 800|
|Day's Range||129.54 - 134.53|
|52 Week Range||106.60 - 151.56|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||30.15|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||1.00 (0.71%)|
|1y Target Est||164.53|
Visa (V) is likely to witness strong operating performance from acquisitions, technological investments, strong international business and a solid balance sheet.
The 393-point tumble in Dow Jones Industrial Average futures prices is unanimous, as all 30 Dow components are trading lower in the premarket. The biggest decliner is Boeing Co.'s stock , which fell 4.7% to put it on track to open at the lowest level since Jan. 5. The next biggest loser is Apple Inc.'s stock , which tumbled 3.9% toward a 6 1/2-month low, putting it on track to open in bear-market territory. Among other big decliners, shares of Visa Inc. shed 3.3%, Nike Inc. lost 2.8%, Microsoft Corp fell 2.9% and Home Depot Inc. gave up 2.9%.
NEW YORK, Nov. 20, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed over the past few years. However, hedge funds are generally partially hedged and […]
Jim Cramer advises callers' on their favorite stocks at lightning speed, including a retail play under pressure.
The Brazilian Administrative Council for Economic Defense, or CADE, is also probing that nation’s Elo network, Visa said Friday in an annual regulatory filing. At issue is a network rule that requires a merchant’s bank to receive certain information from payment facilitators, Visa said. Visa said it is cooperating with CADE, which started its investigation on Oct. 15.
Visa Inc is a payments technology company working to enable consumers, businesses, banks and governments to use fast, secure and reliable digital currency. The dividend yield of Visa Inc stocks is 0.63%. Visa Inc had annual average EBITDA growth of 22.30% over the past ten years.
Visa and the Visa Foundation today announced a commitment to help those impacted by multiple major wildfires that have devastated regions throughout California over the last week. “Visa is committed to strengthening the communities in which we operate in times of need, and providing philanthropic support to help those affected by disaster and humanitarian crises,” said Marianne Mwaniki, senior vice president of social impact. The Visa Foundation is donating $100,000 to help enable the Red Cross to prepare for, respond to and help people recover from California wildfires.
Both companies did not disclose the terms of the deal, but the local media had reported a few months ago that Visa was looking to invest close to $250 million in BillDesk, valuing the company at around $1.5 billion-$2 billion. The investment follows comments from India's finance minister last week that Visa and rival Mastercard were losing market share to domestic payments networks. Earlier, Mastercard had complained to the U.S. government that Prime Minister Narendra Modi was using nationalism to promote a local rival.
Visa (NYSE:V) today announced a minority investment in BillDesk, a leading platform for online payments and bill payments in India. Visa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses and also expand its footprint into other geographies.
Contactless cards have been slow to take off in the U.S., but an endorsement from the largest domestic issuer may help speed up adoption.
To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Barclays analyst Ramsey El-Assal labeled PayPal Holdings Inc. his top pick in payments and processing late Wednesday in initiating coverage of the category. "PayPal remains a scarce asset levered to most dynamic parts of the payments industry," wrote El-Assal, who began coverage of the stock with an overweight rating and $110 price target. He sees PayPal shares as attractive given that the company has a market capitalization of roughly $100 billion but is growing organic revenue by about 20%. El-Assal wrote that PayPal has significant exposure to "tech-enabled" online channels as well as fast-growing international markets. He's also upbeat about opportunities from Venmo. "Given Venmo revenue historically has carried no profit, even modest uptake of monetization should have an outsized earnings impact," he said. El-Assal also assigned overweight ratings to shares of Visa Inc. , Mastercard Inc. , and Square Inc. , among other payments names. PayPal's stock ended Wednesday's regular session up 0.3% and was up 0.4% in after-hours trading. The S&P 500 dropped 0.8% on Wednesday.
Now, JPMorgan Chase & Co. wants them to tap at checkout instead. JPMorgan isn’t the first U.S. bank to issue such cards, but its move could be a tipping point for the rest of the industry to follow suit. The bank is among the biggest U.S. credit-card issuers by purchase volume, and it plans to add the feature to all its Visa Inc. credit cards and debit cards.
As the No. 1 credit card issuer in the U.S., Chase is teaming up with Visa to bring tap to pay to the industry’s largest portfolio of credit cards. In the coming months, millions of Chase customers will benefit from a fast, easy, and secure checkout experience, saving valuable time by completing a transaction with a single tap. Starting later this year, Chase customers will receive new contactless Visa cards on an ongoing basis as their cards are up for renewal or when they open a new account.
Euronet Worldwide is the IBD Stock Of The Day, as the payments company works on a flat base and finds support at the 50-day moving average.
Rewards you’re getting at the store are coming at a high price. Yahoo Finance’s Alexis Christoforous, Julia La Roche and Scott Gamm discuss.
Are student loans as taboo as you think? According to a new study, the answer is no. With more motivation to finish school quicker, students are earning better grades and graduating sooner. Yahoo Finance's Adam Shapiro, Seana Smith, Dan Roberts, and Randy Frederick, Vice President of trading and derivatives at the Schwab Center for Financial Research, discuss.
When looking at the future of jobs and the fast-paced development of new technology, some people predict that robots and artificial intelligence will play a large role in the professional world. Yahoo Finance's Julie Hyman and Dan Roberts are joined by George Pearkes, investment macro strategist at Bespoke, to speak with Kass Dawson, Chief Marketing Officer at Softbank Robotics and Pepper the robot.