-
MasterCard, Visa to License US Debit Solutions to One Another
Tuesday, July 30, 2013 - 8:04am | 363MasterCard (NYSE: MA) and Visa Inc. (NYSE: V) announced today an agreement to license their respective common U.S. debit solutions to each other to meet the industry need for a streamlined approach to route U.S. chip debit transactions over multiple, unaffiliated networks. Visa and MasterCard have...
-
Benzinga's PreMarket Info Recap for July 17, 2013: Big Earnings, Credit Cards Hurting
Wednesday, July 17, 2013 - 9:05am | 247Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves? Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to get in on...
-
Benzinga's Top Downgrades
Thursday, July 11, 2013 - 7:45am | 129Analysts at Jefferies downgraded Avago Technologies (NASDAQ: AVGO) from “buy” to “hold.” The target price for Avago is set to $42. Avago's shares closed at $38.33 yesterday. Analysts at Citigroup downgraded Arkansas Best (NASDAQ: ABFS) from “buy” to “neutral.” The target price for Arkansas Best...
-
Mastercard, Western Union Announce Deal for International Payment Services
Wednesday, June 19, 2013 - 8:35am | 407MasterCard (NYSE: MA) and the Western Union Company (NYSE: WU) announced today a dedicated international payments service that will increase the flexibility with which small and medium-sized businesses can conduct cross-border trade. The new direct foreign-exchange capability will be provided by...
-
MasterCard Announces Annual Meeting Results; Stockholders Re-elect 12 Members to Board of Directors
Tuesday, June 18, 2013 - 4:31pm | 195MasterCard Incorporated (NYSE: MA) announced the results of its Annual Meeting of Stockholders, held earlier today at the company's headquarters in Purchase, NY. At the meeting: each of MasterCard's directors were re-elected for an annual term; MasterCard's executive compensation was approved on...
-
Top 4 Large-Cap Stocks In The Business Services Industry With The Highest Cash
Thursday, May 30, 2013 - 5:22am | 126Below are the top large-cap business services stocks on the NYSE and the NASDAQ in terms of cash. Mastercard (NYSE: MA) had $5.02 billion in total cash and no debt for the latest quarter. Moody's (NYSE: MCO) had $1.77 billion in total cash and $1.64 billion in total debt for the latest quarter....
-
Stocks Hitting 52-Week Highs
Thursday, May 23, 2013 - 10:43am | 129Hewlett-Packard Company (NYSE: HPQ) shares created a new 52-week high of $24.17 after the company reported upbeat FQ2 earnings. Lender Processing Services (NYSE: LPS) shares touched a new 52-week high of $33.01. The Wall Street Journal reported that Fidelity National Financial (NYSE: FNF) and...
-
5 Services Stocks With The Highest EPS
Thursday, May 16, 2013 - 7:06am | 146Below are the top services stocks in terms of earnings per share. The trailing-twelve-month earnings per share at priceline.com (NASDAQ: PCLN) is $27.66. priceline.com's ROE for the same period is 42.14%. The trailing-twelve-month earnings per share at AutoZone (NYSE: AZO) is $25.07. AutoZone's...
-
UPDATE: MasterCard Posts Rise In Q1 Profit
Wednesday, May 1, 2013 - 8:31am | 69MasterCard (NYSE: MA) reported a rise in its first-quarter net income. MasterCard's quarterly profit surged to $766 million, or $6.23 per share, versus $682 million, or $5.36 per share, in the year-ago period. Its revenue climbed 8% to $1.9 billion from $1.76 billion. However, analysts were...
-
Earnings Scheduled For May 1, 2013
Wednesday, May 1, 2013 - 4:58am | 758Mastercard (NYSE: MA) is projected to report its Q1 earnings at $6.17 per share on revenue of $1.93 billion. Time Warner (NYSE: TWX) is estimated to report its Q1 earnings at $0.74 per share on revenue of $7.12 billion. The Clorox Company (NYSE: CLX) is expected to report its Q3 earnings at $1.06...
-
Stocks To Watch For May 1, 2013
Wednesday, May 1, 2013 - 4:40am | 199Some of the stocks that may grab investor focus today are: Wall Street expects Mastercard (NYSE: MA) to report its Q1 earnings at $6.17 per share on revenue of $1.93 billion. Mastercard shares fell 0.17% to $552.00 in after-hours trading. DreamWorks Animation SKG (NASDAQ: DWA) posted a surprise...
-
Benzinga's Top Upgrades
Friday, April 26, 2013 - 7:28am | 148Analysts at Bank of America upgraded Tessera Technologies (NASDAQ: TSRA) from “underperform” to “buy.” The target price for Tessera Technologies has been raised from $14 to $23. Tessera Technologies' stock closed at $18.80 yesterday. Analysts at Jefferies upgraded Regions Financial (NYSE: RF) from...
-
Benzinga's Top Downgrades
Friday, April 12, 2013 - 7:45am | 146Analysts at Sterne Agee downgraded Mastercard Incorporated (NYSE: MA) from “buy” to “neutral”. The target price for Mastercard has removed from $600.00. Mastercard shares closed at $541.24 yesterday. Analysts at Bank of America downgraded Medical Properties Trust, Inc. (NYSE: MPW) from “neutral”...
-
Alibaba, Mastercard Sign MoU Related to e-Commerce
Thursday, March 28, 2013 - 12:09pm | 172Alibaba Group, China's largest e-Commerce company, and MasterCard (NYSE: MA) have signed a Memorandum of Understanding (MOU) to explore future collaboration in the area of e-Commerce. The MOU aims to forge joint efforts to establish an enhanced e-Commerce environment to benefit consumers and small...
-
John Snow Joins LPS Board of Directors
Tuesday, March 12, 2013 - 4:11pm | 457Lender Processing Services (NYSE: LPS), a leading provider of integrated technology and services to the mortgage and real estate industries, today announced the appointment of John Snow, Ph.D., former Secretary of the Treasury, to its board of directors. "We are fortunate to have John as a member...