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United States

Mastercard Inc (MA)

MA on New York Consolidated

131.62USD
21 Aug 2017
Change (% chg)

$0.48 (+0.37%)
Prev Close
$131.14
Open
$131.35
Day's High
$131.80
Day's Low
$131.13
Volume
708,097
Avg. Vol
3,123,712
52-wk High
$132.63
52-wk Low
$94.95

Latest Key Developments (Source: Significant Developments)

Mastercard says consumer confidence continuing to improve, primarily driven by Germany, Spain - conf call
Thursday, 27 Jul 2017 12:11pm EDT 

July 27 (Reuters) - Mastercard Inc ::Mastercard - Consumer confidence is continuing to improve (in Europe), and that's primarily driven by Germany and Spain - conf call.Mastercard - In U.K., despite ongoing concerns around Brexit, SpendingPulse showed solid overall retail sales growth of 5% in quarter - conf call.Mastercard - "in Asia, we continue to see strong economic growth in India and several of the ASEAN countries" - conf call.Mastercard - This quarter, Kroger will be converting their credit portfolio with U.S. Bank to Mastercard, still with U.S. Bank - conf call.Mastercard - Been working on developing technology network solution for China; are progressing well in that regard - conf call.Mastercard - areas of strength continue to be Europe, where we're seeing strong U.K. inbound, outbound volumes as well as Russia, Italy, France - conf call.Mastercard - "As we look forward to the second half of the year, we are forecasting this momentum to continue" - conf call.Mastercard - Based on current foreign exchange rates, now anticipate FX headwinds will subside, primarily due to weakening U.S. dollar - conf call.Mastercard - For year, continue to expect net revenue will grow at low double-digit Y-O-Y rate on currency-neutral basis, excluding acquisitions - conf call.Mastercard - For Q3, expect net revenue growth to be similar to what we saw in Q2, on a currency-neutral basis, excluding acquisitions - conf call.  Full Article

Mastercard selected for Kroger co-brand credit card issued by U.S. Bank
Thursday, 27 Jul 2017 10:11am EDT 

July 27 (Reuters) - Mastercard:Mastercard says Kroger Co. Has chosen company to be network for grocery retailer's 1-2-3 rewards co-brand credit card program.Card program will launch by end of 2017, with new cards to be issued by spring 2018.  Full Article

Mastercard Q2 EPS $1.10
Thursday, 27 Jul 2017 08:02am EDT 

July 27 (Reuters) - Mastercard Inc ::Mastercard Inc - second-quarter net income of $1.2 billion, or $1.10 per diluted share.Mastercard Inc - second-quarter net revenue increase of 13%, to a record $3.1 billion.Q2 earnings per share view $1.04, revenue view $2.97 billion -- Thomson Reuters I/B/E/S.Mastercard Inc - second-quarter adjusted gross dollar volume and purchase volume both up 9%.Mastercard Inc qtrly increase in cross-border volumes of 14% on a local currency basis.Mastercard Inc - as of June 30, 2017, the company's customers had issued 2.4 billion mastercard and Maestro-branded cards.Mastercard Inc qtrly increase in switched transactions of 17% to 16.0 billion.  Full Article

Masterpass speeds checkout for Costco shoppers in Canada
Wednesday, 26 Jul 2017 08:00am EDT 

July 26 (Reuters) - Mastercard Inc ::Masterpass speeds checkout for Costco shoppers in Canada.Mastercard Inc - ‍masterpass will be live in coming weeks at Costco.CA for Canadian shoppers​.  Full Article

‍iguama says promotional partnership with Mastercard available in Costa Rica, El Salvador, Guatemala, Panama​
Thursday, 20 Jul 2017 09:42am EDT 

July 20 (Reuters) - iguama::‍iguama says promotional partnership with Mastercard available in Costa Rica, El Salvador, Guatemala and Panama​.  Full Article

TGI Fridays to implement bar tab from Mastercard and Oracle
Wednesday, 19 Jul 2017 06:00am EDT 

July 19 (Reuters) - Oracle Corp ::Says ‍TGI Fridays, Oracle And Mastercard announced launch of bar tab at their Leicester square location​.Oracle - ‍after today's initial debut, TGI Fridays plans to deploy app to 80 additional locations in UK by end of 2017​.  Full Article

Mastercard acquires Brighterion
Monday, 17 Jul 2017 01:00pm EDT 

July 17 (Reuters) - Mastercard Inc ::Mastercard enhances artificial intelligence capability with the acquisition of Brighterion Inc .Terms of agreement were not disclosed ​.Entered into an agreement to acquire brighterion inc​.  Full Article

Mastercard says class A stockholders disapprove gender pay equity proposal
Tuesday, 27 Jun 2017 05:33pm EDT 

June 27 (Reuters) - Mastercard Inc ::Mastercard says at June 27 annual meeting, holders of class A common stock did not approve stockholder proposal on gender pay equity - SEC filing.  Full Article

Mastercard to launch B2B hub, take minority stake in AvidXchange
Thursday, 8 Jun 2017 05:30am EDT 

June 8 (Reuters) - Mastercard Inc ::Mastercard launches comprehensive digital payment solution for small and midsized businesses.Mastercard B2B hub will first launch in U.S. later this year.Mastercard will also take a minority stake in AvidXchange as part of its Series F funding round subject to meeting closing conditions.  Full Article

Mastercard Inc reports first-quarter earnings per share $1.00
Tuesday, 2 May 2017 08:17am EDT 

May 2 (Reuters) - Mastercard Inc : :Mastercard Inc- first-quarter net income of $1.1 billion, or $1.00 per diluted share.Mastercard Inc - first-quarter net revenue increase of 12%, to $2.7 billion.Mastercard Inc - first-quarter adjusted gross dollar volume up 8pct and purchase volume up 9pct.Reports first-quarter adjusted net income of $1.1 billion, or $1.01 per adjusted diluted share.Q1 earnings per share view $0.95, revenue view $2.65 billion -- Thomson Reuters I/B/E/S.Mastercard inc - as of March 31, 2017, the company’s customers had issued 2.4 billion mastercard and maestro-branded cards.Mastercard inc - qtrly increase in switched transactions of 17pct, to 14.7 billion.Mastercard - qtrly 8pct increase in gross dollar volume, on a local currency basis,adjusting for impact of recent eu regulatory changes,to 1.2 trillion.Mastercard - qtrly increase in cross-border volumes of 13pct on a local currency basis.  Full Article

Nets CEO sees 'considerable interest' from potential buyers

COPENHAGEN Nets A/S , Scandinavia's largest payments processor, is seeing "considerable interest" from potential buyers amid a wave of M&A activity, the company's chief executive said on Thursday.