What was thought to be a win for MasterCard (NYSE: MA) and Visa (NYSE: V) over the fees they charge merchants who accept debit and credit cards, is backfiring. An appeals court last week found fault in an antitrust class action settlement reached by the credit card networks, which upends the agreement that had pretty Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Posts Tagged With 'MasterCard'
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 →
Visa under panic but creates great opportunity
When I opened the computer on Friday and saw the drop in price, my first thought was “what happened again?” and that “I might have jumped in too early” when I bought Visa (V) the previous day. But then I stopped panicking and started thinking again. What caused the major defeat of Visa along with Continue reading →
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