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Archive for August 23rd, 2010

Posted by MartZee August 23, 2010

Visa was dropping as one mutual fund was selling and investors panicking

Marsico Capital Management was among the biggest sellers in the second quarter of Visa Inc., the world’s largest payments network, and Vanguard Group Inc. added to its holdings, as the stock posted its steepest decline in almost two years. Marsico liquidated its remaining 10.4 million shares and also closed out its investment in No. 2 Continue reading →

Posted by MartZee August 23, 2010

Optimism in Visa rising, but will it be enough?

Recently we saw Visa (V) being beaten down and staying under a significant pressure as investors were trying to determine the impact of regulation act on the company. In my opinion, these expectations were too pessimistic and although CEO claimed in his press release couple months ago that the so called “finreg” will have very Continue reading →