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 →
Posts Tagged With 'Visa'
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 →
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 →
Visa launches mobile payments
Investors freaking out based on Bloomberg’s Boo-boo news about AT&T (T) and Verizon (VZ) who announced development of their own mobile payment processing expecting to displace Visa’s (V) debit cards and thus threatening Visa and Mastercard (MA) and who were then selling those stocks – now be ready to buy them back. AT&T and Verizon Continue reading →
Will debit cards be displaced with smart phones?
The Bloomberg article says that AT&T and Verizon are “planning a venture plan” that is to displace credit and debit cards with smartphones, and such plan is posing a new threat to Visa Inc. and MasterCard Inc. The trial would be the carriers’ biggest effort to spur mobile payments in the U.S. and supplant more Continue reading →
Why is Visa a great buy opportunity?
Recently Visa (V) was pushed down several times and mostly because of boo news. Somebody is clearly manipulating the stock. Somebody is scared of Visas prospect. Why? Who knows and who cares. The best of all this is, that Visa is still a 100 dollars stock. Buying at these levels we experience today provide you Continue reading →
Picks 07/19 – 07/23
I am presenting you with my weekly results of my effort in building my money making machine. See my investments and their results in my three accounts: Trading account, which is my aggressive portfolio buying individual stocks, my ROTH IRA retirement account which is my dividend investing portfolio and an account with Lending Club – Continue reading →
Picks 07/12 – 07/16
Trading Account: New [tag]stock picks[/tag] this week: Stocks bought or added to portfolio this week: none Stocks dropped from portfolio this week: none Stocks watched this week: none Existing & new [tag]holdings[/tag]: Symbol Qty Last Gain($) Gain(%) Stop ATR Risk tostop (%) [tag]V[/tag] 20 71.45 -93.19 -6.12 67.28 2.3500 -11.60 Contribution this week: $0 Current Continue reading →
Market back in correction
Trading ended with a huge loss today: NEW YORK (Reuters) – Downbeat consumer sentiment data and weak revenues from GE and two big banks slammed stocks on Friday, driving major indexes down more than 2.5 percent. The Dow Jones industrial average (DJI:^DJI) slid 261.41 points, or 2.52 percent, to end unofficially at 10,097.90. The Standard Continue reading →
Picks 07/05 – 07/09
Trading Account: New [tag]stock picks[/tag] this week: Stocks bought or added to portfolio this week: none Stocks dropped from portfolio this week: none Stocks watched this week: none Existing & new [tag]holdings[/tag]: Symbol Qty Last Gain($) Gain(%) Stop ATR Risk tostop (%) [tag]V[/tag] 20 77.38 25.41 1.67 67.28 2.7300 -11.60 Contribution this week: $0 Current Continue reading →
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