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Visa Inc (V)

V on New York Consolidated

93.31USD
22 May 2017
Change (% chg)

$0.83 (+0.90%)
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Latest Key Developments (Source: Significant Developments)

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

Visa says office of State of Ohio AG issued investigative demand
Friday, 21 Apr 2017 09:13am EDT 

April 21 (Reuters) - Visa Inc :Visa -On jan 19, State of Ohio office of attorney general issued investigative demand to Visa seeking documents and information - SEC filing.Visa - investigative demand seeking documents and information focusing on co's rules related to acceptance of Visa debit cards, cardholder verification methods.Visa - investigative demand also seeking documents and information focusing on co's rules related to routing of Visa debit transactions.  Full Article

Visa Q2 adjusted EPS $0.86 excluding items
Thursday, 20 Apr 2017 04:05pm EDT 

April 20 (Reuters) - Visa Inc ::Visa Inc. Reports strong fiscal second quarter 2017 results and announces new $5.0 billion share repurchase program.Q2 revenue $4.5 billion versus I/B/E/S view $4.29 billion.Q2 adjusted earnings per share $0.86 excluding items.Q2 gaap earnings per share $0.18.Visa qtrly gaap net income of $430 million or $0.18 per share.Q2 earnings per share view $0.79 -- Thomson Reuters I/B/E/S.Visa qtrly adjusted net income of $2.1 billion or $0.86 per share.Visa says payments volume growth, on a constant dollar basis, for three months ended march 31, 2017, was 37% over prior year at $1.7 trillion.Visa sees full-year 2017 annual net revenue growth: high end of 16 pct to 18 pct range on a nominal dollar basis.Visa - in quarter, cross-border volume growth, on a constant dollar basis, was 132 pct or 11 pct inclusive of Europe in prior year results.Visa sees full-year 2017 annual operating margin: mid 60s.Visa sees full-year 2017 client incentives as a percent of gross revenues: low end of 20.5 pct to 21.5 pct range.Visa sees full-year 2017 annual diluted class a common stock earnings per share growth: high single-digits on a gaap nominal dollar basis.Visa - in quarter, total visa processed transactions were 26.3 billion, a 42 pct increase over prior year, or 12 pct growth inclusive of europe in prior year results.Visa sees 2017 annual diluted class a common stock earnings per share growth: high end of mid-teens on an adjusted, non-gaap nominal dollar basis.  Full Article

Visa board declars quarterly cash dividend of $0.165 per share
Tuesday, 18 Apr 2017 04:06pm EDT 

April 18 (Reuters) - Visa Inc -:Visa Inc- board declared a quarterly cash dividend of $0.165 per share of class a common stock.  Full Article

PayPal and Visa extend partnership to accelerate adoption of digital and mobile payments across Asia Pacific
Tuesday, 4 Apr 2017 06:01pm EDT 

PayPal Holdings Inc : PayPal and Visa extend partnership to accelerate adoption of digital and mobile payments across Asia Pacific . Visa Inc - Partnership expands use of PayPal to retailers that accept Visa in physical locations . Visa Inc - PayPal and Visa will "work together to expand access to enable use of electronic payments in emerging markets in Asia Pacific region" .Visa - To provide option for PayPal to leverage Visa direct, allowing PayPal customers to move funds to Visa accounts in real time across multiple markets.  Full Article

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

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BRIEF-Soros Fund Management takes share stake in Twitter, Visa Inc

* Soros Fund Management takes share stake of 29,600 shares in Twitter Inc - sec filing