|Bid||0.00 x 40000|
|Ask||0.00 x 37000|
|Day's range||90.51 - 91.30|
|52-week range||70.25 - 93.10|
|PE ratio (TTM)||33.80|
|Forward Dividend & Yield||0.66 (0.84%)|
|1y target est||N/A|
Visa Inc. said late Wednesday its board of directors declared a dividend of 19.5 cents a share of class A common stock, an 18% dividend rate increase. The dividend is payable on Dec. 5 to shareholders ...
U.S. and Turkish officials will meet in the coming days to try to defuse a diplomatic crisis over Turkey’s arrest of some U.S. citizens and local consular workers, Turkey’s Deputy Prime Minister Bekir ...
Turkish President Recep Tayyip Erdogan said the U.S. should immediately withdraw its ambassador if he failed to consult with his superiors over a decision to suspend visa services, saying he doesn’t regard ...
Zacks Industry Outlook Highlights: Western Union Company, MoneyGram International, Centene, Visa and MasterCard
Wall Street analysts have given a one-year price target of $110.00 per share for Visa stock (V). The target represents an increase of 4.46% from the current stock price.
British consumers stepped up their domestic spending last month for the first time since April, as more of them holidayed at home due to the Brexit hit to the pound, payment card company Visa (Xetra: A0NC7B - news) said on Monday. Consumer spending, the engine of the British economy, last month rose 0.3 percent compared with August 2016 on an inflation-adjusted basis, Visa said based on its credit and debit card transaction data. "We are wary about taking this as a sign that the household squeeze is easing given the clear slowdown in spending during the preceding three months," Kevin Jenkins, Visa's UK managing director, said.
Charlotte Hogg is in talks about a rapid return to a top City job less than four months after resigning from the Bank of England amid a row over her failure to disclose a conflict of interest. Sky News can reveal that Ms Hogg has been offered the post of chief executive of Visa Europe, the payments giant which handles the vast majority of debit card transactions carried out in the UK. A source close to the Bank of England said this weekend that Visa Europe had held preliminary talks with it about the implications of Ms Hogg taking on the role.
LONDON/NEW YORK, July 3 (Reuters) - A London-based startup has joined up with Mastercard Inc to launch a payment card that allows users to retroactively choose a different credit or debit card for a purchase they have already made, in what they called "financial time travel". Starting Tuesday, Curve will offer customers the chance to "go back in time" and switch the card used for any given transaction for up to two weeks after the purchase, in what it said would be a world first. The startup also said on Monday that it was planning to announce backing from two large international banks soon, but declined to provide more detailed information.
British workers are suffering from an increasingly tight squeeze in their spending power, data showed on Wednesday, adding to concerns about a slowdown in the world's fifth-biggest economy and to the challenges for a weakened Prime Minister Theresa May. A fall of 0.4 percent in wage growth in the three months to April, when adjusted for inflation, represented the biggest loss of real earnings for households since 2014, even as a joint record high proportion of people in Britain are in work. Britain's economy withstood the shock of last year's Brexit in 2016, prompting some supporters of Brexit to say fears of a hit to the economy were overblown.
The Office for National Statistics (ONS) said the main upward pressure in May came from "recreational and cultural" goods and services, particularly games, toys and hobbies, as well as package holidays. Increased food and electricity prices - following hikes by major energy suppliers - also made a contribution - as did children's clothing. Falls in motor fuel and air and sea fares had a downward effect, the ONS added.
Sterling sank to a seven-month low against the euro on Monday as investors worried a period of political uncertainty would further weaken an economy slowing sharply before the launch of talks on leaving the European Union next week.
British consumers cut their spending for the first time in nearly four years last month, figures from credit card firm Visa (Xetra: A0NC7B - news) showed, as households turned more cautious even before last week's shock election result. Consumer spending in May was 0.8 percent lower than in the same month in 2016 after adjusting for inflation, the first year-on-year fall since September 2013, Visa said on Monday. "Our index clearly shows that with rising prices and stalling wage growth, more of us are starting to feel the squeeze," Visa managing director Kevin Jenkins said.
Visa said consumer spending rose by just 0.5 percent in April after adjusting for inflation, down from 1.0 percent in March. "Consumers tightened their belts in the face of rising prices running up against stalling wage growth," Visa's managing director, Kevin Jenkins, said.
Barclays (LSE: BARC.L - news) shares fell sharply on Friday as investors focused on a poor performance at its markets business, a key part of its growth strategy, that missed out on a bond trading boom enjoyed by Wall Street rivals in the first three months of 2017. The British bank is seeking to press ahead with restructuring plans which have seen it shift towards a transatlantic U.S.-UK focus and an emphasis on investment banking under its American Chief Executive Jes Staley. By contrast, Barclays' Wall Street rivals saw bond trading revenues rise by an average of 21 percent in the first quarter, with investors adjusting their portfolios in response to rising interest rates, and elections in Europe.
Australia's Prime Minister said "Australian workers must have priority for Australian jobs" as he announced that a temporary work visa popular with foreigners is to be abolished. The visa affected, the 457, was intended to attract more skilled workers to Australia and allows its holders to bring family members with them on a 457 secondary visa. Its replacement will include a criminal background check, English language standards will be stricter, and the list of occupations that qualify will be sharply reduced.
Some Silicon Valley companies have protested President Donald Trump's crackdown on immigration, saying it could hurt their access to talent
British households kept a tighter grip on their credit cards last month as spending grew at one of the slowest annual rates of the past three years, data from Visa (Swiss: V-USD.SW - news) showed on Monday, adding to signs that consumer spending is starting to lose momentum. Robust consumer spending helped Britain's economy to outpace its peers last year, even after June's Brexit vote, but most economists think rising inflation as a result of sterling's hefty slide will eat into growth in 2017. Consumer spending, adjusted for inflation, rose just 0.4 percent on the year in January, down sharply from 2.5 percent in December and - aside from August, shortly after the Brexit vote - the weakest annual growth rate in over three years, Visa (Xetra: A0NC7B - news) said.