|Bid||191.63 x 1000|
|Ask||191.77 x 800|
|Day's Range||191.50 - 193.39|
|52 Week Range||119.89 - 194.72|
|PE Ratio (TTM)||47.35|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||1.00 (0.52%)|
|1y Target Est||196.09|
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.
Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Visa (V) is expected to post EPS (earnings per share) of $1.11 in the third fiscal quarter (ending in June), boosted by strong business fundamentals. As we’ve discussed, the performance of payment technology companies (XLF) such as Discover Financial Services (DFS), Mastercard (MA), and American Express (AXP) is affected by the overall economy and client spending.
As we’ve discussed, payment technology companies such as Visa (V), Mastercard (MA), American Express (AXP), and Discover Financial Services (DFS) benefit primarily from increased spending, which rises with economic growth. As US consumer spending is expected to rise, Visa could be due to benefit.
Of the companies that saw big financial benefits from tax reform, several decided to share the wealth with their employees.
Inc. and insurer Allianz SE, but also small manufacturers and even restaurants—to change how they gather and handle information about Europeans, even if the companies have no physical footprint in Europe. Some have spent millions of dollars to get ready for Friday, the day regulators begin enforcing the law. “I don’t think that we as a company realized the full magnitude of what the law would require,” said Paul Delson, chief compliance officer for First Solar Inc., a Tempe, Ariz., solar-panel manufacturer.
At the J.P. Morgan Global Technology, Media and Communications Conference, Visa (V) shared positive views on its European integration, which it stated has been proceeding rapidly. The company has also been focusing on its push payment facility, Visa Direct. Visa’s payment volume rose substantially YoY (year-over-year) in fiscal Q2 2018, by 11% on a constant-dollar basis, which could boost its service revenue in fiscal Q3 2018.
At the J.P. Morgan Global Technology, Media and Communications Conference, Visa (V) stated it would be targeting the US market’s significant untapped opportunities, which could boost growth. By targeting small merchants and increasing its merchant base, the company could see long-term growth.
Payment giant Visa (V) benefits from higher consumer spending due to lower unemployment, positive economic momentum, digital technology expansion, and higher prices. Higher oil prices and inflation help payment processors such as Visa and Mastercard (MA), boosting their financials.
Mastercard (MA) is seeing solid earnings estimate revision and has a favorable Zacks rank, making it well positioned for future earnings growth.
The digital currency industry seems to be taking on the mainstream financial system head-on. Modern Finance Chain has developed a new system meant to fill the gap between crypto users and merchant establishments like Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA). MF Chain offers a solution meant to solve several problems in the commerce industry. The […] The post Modern Finance Chain Launches Service To Rival Visa/Mastercard Payments appeared first on Market Exclusive.
Research reports have been issued by WallStEquities.com on Mastercard Inc. (NYSE: MA), OneMain Holdings Inc. (NYSE: OMF), PagSeguro Digital Ltd (PAGS), and The Western Union Co. (NYSE: WU). Credit Services companies originate, acquire, and service loans to individuals and corporations.
The Supreme Court ruled this week that states can allow betting on individual sporting events, but gamblers who want to place those wagers using a credit card face a major hurdle: The largest U.S. issuers, including JPMorgan Chase & Co., Citigroup Inc. and American Express Co., don’t yet allow their cards to be used for sports gambling. “We will closely watch developments from the ruling and will consider any implications to our policy as the states put their own processes in place,” Mary Jane Rogers, a spokeswoman for JPMorgan, said in an emailed statement. Americans illegally bet an estimated $150 billion on sports games each year, a figure that’s enticing for credit-card issuers looking to gin up extra spending by their customers.
Most Americans know that former Vice President Al Gore has been tackling issues in climate change and the environment, but fewer seem to be aware that the former high-school football captain is outflanking the market in the world of investing. Maybe it doesn’t help that Generation Investment Management, the firm that Gore co-founded and serves as chairman, is based in London. Also, the largest public fund by assets that Generation IM manages, Lombard Odier Funds—Generation Global, is domiciled in Luxembourg, a country smaller than Rhode Island.
Navigant (NCI) is likely to grow its business organically on the back of continuous investments in technology infrastructure and development programs.
Execs at the biggest companies sounded more upbeat on their financial prospects than they have in some time, according to fresh research from Goldman Sachs. The investment bank mined the earnings calls of 42 companies to gauge the mood out there in Corporate America. The resounding bullishness could bite execs and their investors in the face later this year if a host of macro concerns -- such as inflation and trade wars -- start to collectively weigh on global growth.
Bitcoin prices traded lower Tuesday as thought leaders shared differing opinions and the much-anticipated Consensus conference in New York failed to offer much in the way of a meaningful rally for the cryptocurrency market. Most of the other top cryptocurrencies joined bitcoin in its price decline. Speaking at the Consensus 2018 event in New York on Monday, St. Louis Federal Reserve President James Bullard explained that cryptocurrencies have begun to operate as non-uniform currencies, as there are more than 1,800 cryptocurrencies, many of which trade at different prices at the same time in the same local markets.
It’s about how, not where, people spend money, says fund manager Tom Plumb, who’s loaded up on Visa, Mastercard and Discover Financial Services.