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Visa Inc (V.N)

V.N on New York Stock Exchange

88.70USD
23 Mar 2017
Change (% chg)

$0.18 (+0.20%)
Prev Close
$88.52
Open
$88.47
Day's High
$88.97
Day's Low
$88.46
Volume
226,243
Avg. Vol
3,013,890
52-wk High
$90.62
52-wk Low
$72.78

Latest Key Developments (Source: Significant Developments)

U.S. Bancorp says to offer mobile payments for Visa commercial cards
Monday, 20 Mar 2017 10:00am EDT 

U.S. Bancorp :To offer mobile payments for Visa commercial cards.  Full Article

IBM says collaborating with Visa that brings PoS everywhere visa is accepted
Thursday, 16 Feb 2017 09:00am EST 

International Business Machines Corp :IBM - collaborating with Visa that brings PoS everywhere Visa is accepted, by allowing businesses to introduce payment for any device connected to IoT.  Full Article

Visa says weakening of euro to hurt Europe results more-conf call
Thursday, 2 Feb 2017 06:44pm EST 

Visa Inc : Says weakening of euro to hurt Europe results more than what was expected last September . Looking forward to formally submit license application in China, still waiting additional clarification from government . Says battle between strong business fundamentals and unfavorable exchange rate shift will drive results for rest of FY2017 Further company coverage: [V.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Visa reports Q1 EPS $0.86
Thursday, 2 Feb 2017 04:00pm EST 

Visa Inc - : Sees full-year 2017 annual diluted class a common stock earnings per share growth: low 30s on a gaap nominal dollar basis . Sees 2017 net revenue growth: 16% to 18% range on a nominal dollar basis, including 2.0 to 2.5 ppts of negative foreign currency impact . Reports strong fiscal first quarter 2017 results . Payments volume growth, on a constant dollar basis, for three months ended December 31, 2016, was 39% over prior year at $1.8 trillion. . Q1 gaap earnings per share $0.86 . Q1 revenue $4.5 billion versus I/B/E/S view $4.29 billion . Sees full-year 2017 annual diluted class a common stock earnings per share growth: mid-teens on an adjusted, non-gaap nominal dollar basis . Cross-border volume growth, on a constant dollar basis, was 140 pct for three months ended December 31, 2016. . Q1 earnings per share view $0.78 -- Thomson Reuters I/B/E/S . Financial outlook for fiscal full-year 2017 includes Visa Europe integration expenses of approximately $80 million for full-year . Total processed transactions, which represent transactions processed by Visa, for 3 months ended December 31, 2016, were 27.3 billion, a 44 pct increase . Fiscal Q1 2017 service revenues were $1.9 billion, an increase of 17 pct over prior year . Visa Inc affirms 2017 financial outlook for client incentives, annual operating margin and effective tax rate.  Full Article

Visa declares quarterly dividend
Wednesday, 1 Feb 2017 04:05pm EST 

Visa Inc :Visa Inc - Board of directors, on January 31, 2017, declared a quarterly cash dividend of $0.165 per share of class a common stock.  Full Article

Visa says agrees to buy CardinalCommerce
Thursday, 1 Dec 2016 12:30pm EST 

Visa : Says agreement to acquire e-commerce payment authentication company CardinalCommerce; financial terms of the transaction are not disclosed .Cardinal to continue to operate as wholly-owned unit of Visa; Tim Sherwin, Chandra Balasubramanian will remain as leaders of Cardinal.  Full Article

FTC closes investigation of Visa after co changes debit routing rules
Tuesday, 22 Nov 2016 08:59am EST 

U.S. Federal Trade Commission: Bureau of Competition informed Visa it is closing investigation into debit routing procedures after some changes Visa made to its practices Further company coverage: [V.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Visa modifies policies on debit routing
Tuesday, 22 Nov 2016 08:00am EST 

Visa Inc : Visa modifies policies on debit routing . Visa Inc - modifications and clarifications follow new guidance recently issued from federal reserve and address a federal trade commission inquiry . Visa Inc - providing additional clarification that merchants can use common debit aid exclusively to route u.s. Debit transactions if they choose . Visa Inc - merchants are also not required to ask cardholder to choose aid or network for processing debit transactions .Visa Inc - merchants can continue to automatically ask, or prompt, a Visa cardholder to enter a pin on in-person transactions.  Full Article

Visa opens tokenization services to third party partners
Tuesday, 25 Oct 2016 08:00am EDT 

Visa Inc : Visa opens tokenization services to third party partners ."New token service framework allows more companies to scale secure digital payments globally".  Full Article

Jack Henry & Associates Inc - has partnered with visa to deliver faster p2p payments
Tuesday, 4 Oct 2016 08:00am EDT 

Jack Henry & Associates Inc :Has partnered with visa to deliver faster p2p (person-to-person) payments to a recipient's visa debit card.  Full Article

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