141.90 +1.00 (0.71%)
After hours: 6:26PM EDT
|Bid||141.00 x 1000|
|Ask||141.80 x 800|
|Day's range||139.37 - 141.17|
|52-week range||93.19 - 141.17|
|PE ratio (TTM)||35.64|
|Earnings date||25 Jul 2018|
|Forward dividend & yield||0.84 (0.60%)|
|1y target est||148.59|
Visa Inc. today announced that on July 16, 2018, its board of directors declared a quarterly cash dividend of $0.21 per share of class A common stock , payable on September 4, 2018, to all holders of record as of August 17, 2018.
Now that second-quarter earnings season is in swing, we've already heard from a number of big banks, although with mixed reactions. On the payments side of financials, Oppenheimer's Glenn Greene takes a look at Mastercard (MA) and Visa (V) ahead of their reports, writing that he expects their robust run to continue. Greene reiterated an Outperform rating on both stocks Tuesday, and raised his price target on Mastercard to $215 from $197, and for Visa to $154 from $143.
MOSCOW--(BUSINESSWIRE)-- Visa data shows that international travelers from the United States and Mexico continue to lead in-stadium purchases for foreign spenders at the FIFA World Cup™ Visa (NYSE: V), ...
Visa data shows that international travelers from the United States and Mexico continue to lead in-stadium purchases for foreign spenders at the FIFA World Cup™
Jim Cramer explains why the stocks of Mastercard and Visa have strong safeguards against the brewing U.S.-China trade conflict.
Visa Inc. and Mastercard Inc. are both putting money aside for impending settlements in a long-running merchant suit, but investors will see these preparations reflected very differently in the companies’ financials.
The credit card giant has been testing cards with in-built fingerprint scanners, which are used to verify customers' identities.
Visa Inc. (NYSE:V) today announced the new conversion rate applicable to the Company’s class B common stock resulting from its June 28, 2018 deposit of $600 million into the U.S. litigation escrow account previously established under the Company’s U.S. retrospective responsibility plan (the “Plan”). Under the terms of the Plan, this resulted in the decrease in the conversion rate applicable to the Company’s class B common stock from 1.6483 to 1.6298, effective as of June 28, 2018. The deposit and conversion rate adjustment calculations were conducted in accordance with the Company’s certificate of incorporation using the volume-weighted average price over the 7-day pricing period from June 25, 2018 through July 3, 2018.
A British appeals court ruled in favor of retailers including J Sainsbury Plc in a blow to credit card firms that could now face billions of pounds in damages. The fees fixed by Visa Inc. and Mastercard Inc. restrict competition and are unlawful, Judge Terence Etherton said today in London. The ruling, which also involved Wal-Mart Stores Inc.’s Asda and Wm Morrison Supermarkets Plc, resolved wildly different decisions by judges in the lower courts.
Analysts are upbeat about the card networks following AmEx rulingVisa and Mastercard are reportedly close to settling a years-old antitrust case. Visa Inc. and Mastercard Inc., which appear poised to settle a multibillion-dollar antitrust lawsuit, are sitting pretty. A Supreme Court victory for American Express Co. (AXP) earlier in the week solidified core elements of the card companies’ business models and will make it harder for merchants to challenge the networks going forward.
It isn’t clear how the payment would be split up among the card networks and the issuing banks. The parties on Tuesday informed the U.S. District Court for the Eastern District of New York that they reached a settlement, the people said. The case has been a highly contentious one for merchants and has raised questions about the longevity of the credit-card fee model.
Visa Inc. (NYSE:V) will report its fiscal third quarter 2018 financial results on Wednesday, July 25, 2018. The results, along with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website. Visa’s executive management team will then host a live audio webcast beginning at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss financial results and business highlights.
MOSCOW--(BUSINESSWIRE)-- In the tournament’s first five days, fans from the United States are the biggest foreign spenders, followed by China and Mexico respectively Visa (NYSE: V), the Official Payment ...
Visa , the Official Payment Services Partner of FIFA, today released an analysis of foreign travellers’ spending during opening days of 2018 FIFA World Cup™. The results found that in the 11 Russian host cities of the tournament, approximately one in every five purchases with Visa used contactless payment technology, including smartphones, bracelets and rings.
Visa Inc. (NYSE:V) announced today that Jennifer Grant will join the company as executive vice president and chief human resources officer beginning August 2018, succeeding Michael Ross, who last year announced his intention to leave once a successor was named. Ms. Grant will lead Visa’s global human resources strategy and organization reporting to Visa’s chief executive officer, Al Kelly.
Under the settlement, Visa, Mastercard and a number of banks that issue debit and credit cards, including JPMorgan Chase & Co (JPM.N), Citigroup Inc (C.N) and Bank of America Corp (BAC.N), would pay the merchants around $6.5 billion, the report said. MasterCard said in a regulatory filing it would boost its reserve by about $210 million in the second quarter to account for claims related to a lawsuit with merchants.
Under the settlement, Visa, Mastercard and a number of banks that issue debit and credit cards including JPMorgan Chase & Co, Citigroup Inc and Bank of America Corp would pay the merchants around $6.5 billion, the report said https://on.wsj.com/2Kx4Wby, citing some of the people. Visa and Mastercard were not immediately available for comment.
Visa Inc. and Mastercard Inc. are getting close to settling a 13-year-old lawsuit over fees charged when merchants accept card payments, according to a person familiar with the agreement. The two card companies and banks including JPMorgan Chase & Co., Citigroup Inc. and Bank of America Corp. would pay merchants about $6.5 billion under the terms of the settlement, the person said, asking not to be identified because the deal hasn’t been made public. The lawsuit, brought on behalf of 12 million merchants nationwide, was filed more than a decade ago.