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Fly News Breaks for March 25, 2015
MA, V
Mar 25, 2015 | 07:28 EDT
Stifel believes that recent industry trends support its upbeat views on Visa (V) and MasterCard (MA). The firm says that evidence of their powerful and growing competitive advantages is increasing. It favors Visa slightly over MasterCard. The firm keeps Buy ratings on both names.
News For V;MA From the Last 2 Days
V
Apr 23, 2024 | 17:33 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSAudioEye (AEYE) up... To see the rest of the story go to thefly.com. See Story Here
V
Apr 23, 2024 | 16:33 EDT
Sees revenue growth in low double-digits, consensus $33.6B.
V
Apr 23, 2024 | 16:11 EDT
Reports Q2 revenue $8.8B, consensus $8.09B. Reports Q2 transactions processed $55.5B. Reports Q2 payments volume up 8%. "Visa delivered strong results in the second quarter, with net revenue up 10%, GAAP EPS up 12%, and non-GAAP EPS up 20%. Overall payments volume grew 8% and cross-border volume grew 16%, driven by stable consumer spending. As we head into the second half of the year and beyond, we remain focused on the trillions of dollars of opportunity in consumer payments and new flows and on continuing to deepen our partnerships with clients around the world by adding value across our network of networks," said CEO Ryan McInerney.