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Pacific Crest Says Mastercard Has 'Rock-Solid Fundamentals'
Friday, July 29, 2016 - 3:59pm | 262Read More...MasterCard Incorporated (NYSE: MA) reported a top and bottom line beat in its second quarter print on Thursday, prompting Pacific Crest's Josh Beck to describe the company's fundamentals as being "rock-solid." Beck highlighted MasterCard's second quarter as being "...
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Sky News Says Mastercard Is Close To Acquiring UK-Based Vocalink
Monday, April 25, 2016 - 11:17am | 177Read More...According to a report by UK-based Sky News, Mastercard Inc (NYSE: MA) is exploring an acquisition of Vocalink, a British-based operator of the Faster Payments service. Sky News noted that Mastercard has entered into exclusive talks to acquire Vocalink and the company's large shareholders (...
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MasterCard Says Holiday Retail Sales Grew A 'Solid' 7.9%, Women's Apparel A Big Seller
Monday, December 28, 2015 - 2:23pm | 157Read More...According to Mastercard Inc (NYSE: MA), retail sales (excluding auto and gas) grew 7.9 percent during the period of Black Friday to Christmas Eve. MasterCard SpendingPulse data showed that apparel sales saw a high single-digit growth during the holiday period and women's apparel sales rose...
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USAA Dumps Mastercard For Visa
Monday, October 26, 2015 - 9:04am | 343Read More...USAA, one of the largest domestic issuers of debit and credit cards, said it is switching to Visa Inc (NYSE: V) from Mastercard Inc (NYSE: MA) The Wall Street Journal noted that USAA's relationship with Mastercard spanned roughly 30 years and processed $26 billion of purchases last year...
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Jefferies: PayPal Is More Than A Payments Company
Tuesday, July 28, 2015 - 9:15am | 367Read More...Jason Kupferberg at Jefferies initiated Paypal Holdings Inc (NASDAQ: PYPL) with a Buy rating and a $44 price target, a 20 percent premium to Monday's closing price of $36.39. Kupferberg said that the "scarcity value of the stock […] will command a higher multiple,"...
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When Choosing Credit Cards, Look Closely At The Fine Print
Wednesday, July 22, 2015 - 7:12am | 843Read More...While carrying plastic can be beneficial to your credit, not all cards are created equal. With an average of six potential fees per card, keeping open a line of credit can be more hassle than it appears. According to a recent survey conducted by CreditCards.com and circulated by Bankrate Inc (...
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4 Reasons Why Deutsche Bank Upgraded American Express
Thursday, February 26, 2015 - 1:26pm | 252Read More...In a report published Wednesday, Deutsche Bank analyst David Ho listed four reasons why he upgraded shares of American Express Company (NYSE: AXP) to Buy from Hold with a price target raised to $90 from a previous $80. "Growth expectations for American Express have been reset lower after...
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Citigroup Lowers MasterCard's Estimates Following Q4 Print
Monday, February 2, 2015 - 12:49pm | 220Read More...Donald Fandetti of Citigroup commented in a note on Friday that MasterCard Inc (NYSE: MA) reported better-than-expected earnings per share and revenue in its fourth quarter report. Shares are Buy rated with a price target lowered to $94 from a previous $98. Fandetti notes that MasterCard'...
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Guggenheim's David Darst Likes Mastercard's Report
Friday, January 30, 2015 - 11:34am | 141Read More...Guggenheim analyst David Darst weighed in on MasterCard Inc's (NYSE: MA) fourth-quarter results that were reported Friday morning. Darst told Benzinga in an email that, overall, he likes the company's report. The analyst points out that the report indicates “renewed strength” in cross border...
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Tech Stocks Underperform Following Apple's Flash Crash, Holiday Retail Sales Disappoint
Monday, December 1, 2014 - 5:38pm | 880Read More...U.S. stocks were mostly lower on Monday, as the holiday shopping season may have disappointed some. The National Retail Federation reported that spending over the four-day Thanksgiving weekend declined 11 percent to $50.9 billion. However, ComScore estimated e-commerce spending rose 32...
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Topeka Initiates Coverage On MasterCard And Visa
Wednesday, November 12, 2014 - 10:19am | 218Read More...John Williams of Topeka Capital Markets initiated coverage of MasterCard Inc (NYSE: MA) with a Hold rating and $87 price target on Wednesday. The analyst also initiated coverage of Visa Inc (NYSE: V) with a Hold rating and $261 price target. MasterCard: Fully Valued Williams notes that...
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4.7 Million Reasons To Watch This Apple Pay Rewards Program
Friday, November 7, 2014 - 10:47am | 648Read More...Apple Inc.'s (NASDAQ: AAPL) mobile payment solution has been very popular with iPhone users even though it launched with one missing feature: rewards. That changed this week when Thanx, a loyalty and retention marketing company, announced that it is now compatible with Apple Pay. "One...
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KBW: Apple Pay Issuer Contract Reveals Pricing and Network Authority
Monday, November 3, 2014 - 12:39pm | 248Read More...Sanjay Sakhrani of Keefe, Bruyette & Woods looked in to Apple Inc.'s (NASDAQ: AAPL) new payment system, Apple Pay. In a note published on Friday, Sakharni stated that Apple Pay terms and conditions were “in-line” with expectations, but several notable points need to be...
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FBR Raises Price Target On Mastercard
Friday, October 31, 2014 - 9:12am | 208Read More...Scott Valentin of FBR & Co reiterated a Market Perform rating on Mastercard Inc (NYSE: MA) following the company's third quarter results on Thursday. Mastercard earned $0.87 per share in its third quarter, topping Valentin's estimates by $0.10. The analyst noted that the beat...
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Earnings Expectations For The Week Of October 27: Facebook, Exxon, Pfizer And Much More
Sunday, October 26, 2014 - 4:55pm | 999Read More...Lots more earnings are on tap this week, from social media giants like Facebook and Twitter to petroleum supermajors Exxon and Chevron, from major pharmaceutical makers Merck and Pfizer to consumer goods giants like Altria and Avon Products. Here is a quick look at what analysts are expecting from...
