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Fly News Breaks for April 30, 2015
MA
Apr 30, 2015 | 07:14 EDT
After MasterCard reported higher than expected Q1 EPS but lower than expected revenue, Stifel says that the company's higher rebates seem likely to persist, while spending is unlikely to provide much of an offset. However, the firm thinks that pricing and expense controls leave the company well-positioned to report solid results. It keeps a Buy rating on the shares.