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Visa Inc (V)

V on New York Consolidated

102.51USD
18 Aug 2017
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$0.35 (+0.34%)
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Latest Key Developments (Source: Significant Developments)

Visa expands global transaction processing with facilities in Singapore and UK
Wednesday, 26 Jul 2017 12:00am EDT 

July 26 (Reuters) - Visa Inc ::Visa expands global transaction processing with facilities in Singapore and United Kingdom.Plans to start processing global transactions in two facilities in 2018.Visa inc says announced expanded transaction processing capabilities in two data centers in Singapore and United Kingdom.  Full Article

Visa reports Q3 GAAP earnings per share $0.86
Thursday, 20 Jul 2017 04:05pm EDT 

July 20 (Reuters) - Visa Inc :Visa Inc. reports strong fiscal third quarter 2017 results.Q3 GAAP earnings per share $0.86.Q3 revenue $4.6 billion versus I/B/E/S view $4.36 billion.Q3 earnings per share view $0.81 -- Thomson Reuters I/B/E/S.Qtrly payments volume growth, on a constant dollar basis, was 38% over prior year at $1.9 trillion.Visa Inc - Sees FY ‍annual operating margin in mid 60s​.Visa Inc - Fiscal Q3 service revenues were $1.9 billion, an increase of 19% over prior year.Qtrly cross-border volume growth, on a constant dollar basis, was 147% or 11% inclusive of europe in prior year results.Visa Inc - Sees FY ‍effective tax rate in mid 40s on a GAAP basis and approximately 30% on an adjusted, non-GAAP basis​.Visa Inc qtrly total Visa processed transactions were 28.5 billion, a 44% increase over prior year, or 13% growth inclusive of europe in prior year results.Visa Inc - Sees 2017 annual diluted class a common stock earnings per share growth of low double-digits on a GAAP nominal dollar basis.Visa Inc - Sees FY ‍annual net revenue growth of about 20% on nominal dollar basis, including about 2.0 ppts of negative foreign currency impact​.Visa Inc - Sees FY ‍client incentives as a percent of gross revenues of 20.0% to 20.5% range​.Visa Inc - Sees 2017 annual diluted class a common stock earnings per share growth of approximately 20% on an adjusted, non-GAAP nominal dollar basis.FY2017 earnings per share view $3.37, revenue view $17.88 billion -- Thomson Reuters I/B/E/S.  Full Article

Visa declares quarterly dividend
Tuesday, 18 Jul 2017 04:05pm EDT 

July 18 (Reuters) - Visa Inc :Visa Inc. declares quarterly dividend.Visa Inc - Board of directors declared a quarterly cash dividend of $0.165 per share of class a common stock payable on September 5, 2017.  Full Article

Visa and PayPal extend partnership to Europe
Tuesday, 18 Jul 2017 10:51am EDT 

July 18 (Reuters) - PayPal Holdings Inc ::Visa and PayPal extend partnership to Europe.Visa and PayPal have agreed to extend participation in Visa digital enablement program (VDEP) in Europe.Partnership enables PayPal in Europe to issue Visa accounts.Co under banking license in Europe is joining Visa network of client financial institutions, to be able to offer Visa accounts in Europe.  Full Article

Charles W. Scharf appointed CEO of BNY Mellon to become chairman
Monday, 17 Jul 2017 07:29am EDT 

July 17 (Reuters) - Bank Of New York Mellon Corp :Charles W. Scharf appointed CEO of BNY Mellon; to become chairman on January 1, 2018.Bank of New York Mellon Corp - ‍gerald L. Hassell will remain chairman of board through his retirement on December 31, 2017​.Bank of New York Mellon Corp - ‍gerald L. Hassell will continue to serve as chairman of board through December 31, 2017​.Bank of New York Mellon Corp - Scharf was most recently chief executive officer and director of Visa Inc. from October 2012 through December 2016.  Full Article

Visa reports availability of Visa checkout with Air Canada
Thursday, 6 Jul 2017 07:00am EDT 

July 6 (Reuters) - Air Canada ::Visa Inc - announced availability of Visa checkout with Air Canada, Canada's largest airline.  Full Article

Visa commits to strategic investment in Klarna
Tuesday, 27 Jun 2017 08:30am EDT 

June 27 (Reuters) - Visa Inc :Visa commits to strategic investment in Klarna; companies plan partnership deal.Visa Inc - Visa's planned investment is part of a "global strategy to open up Visa Ecosystem and support a broad range of new partners".  Full Article

NXT-ID says its unit Fit Pay's token service provider solution has been integrated with Visa token service
Thursday, 8 Jun 2017 08:00am EDT 

June 8 (Reuters) - Nxt-id Inc :Nxt-Id Inc says its unit fit pay inc's token service provider solution has been successfully integrated with visa token service.Nxt-Id Inc says fit pay is now qualified as a visa tr-tsp partner through visa ready program.  Full Article

Visa expands global network of providers to drive acceleration into IOT payments​
Wednesday, 7 Jun 2017 08:00am EDT 

June 7 (Reuters) - Visa Inc :Visa Inc - ‍Visa expands global network of providers to drive acceleration into iot payments​.Visa Inc - ‍Visa adds thirteen new token service providers to broaden global access to visa token service​.  Full Article

Soros Fund Management takes share stake in Twitter, Visa Inc
Monday, 15 May 2017 05:37pm EDT 

May 15 (Reuters) - Soros Fund Management::Soros Fund Management takes share stake of 29,600 shares in Twitter Inc - sec filing.Soros Fund Management takes share stake of 14,300 class A shares in Visa Inc.Soros Fund Management - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

BRIEF-Soros Fund Management cuts share stake in Facebook, Microsoft

* Cuts share stake in Facebook Inc by 25.3 percent to 476,713 Class A shares