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Visa Inc (V.N)

V.N on New York Stock Exchange

113.31USD
13 Dec 2017
Change (% chg)

$-0.15 (-0.13%)
Prev Close
$113.46
Open
$113.83
Day's High
$114.36
Day's Low
$113.19
Volume
3,007,042
Avg. Vol
2,021,241
52-wk High
$114.36
52-wk Low
$77.19

Latest Key Developments (Source: Significant Developments)

Visa Says Ceo Alfred Kelly Jr.'S FY 2017 Total Compensation Was $21.7 Mln
Thursday, 7 Dec 2017 11:41am EST 

Dec 7 (Reuters) - Visa Inc ::VISA INC SAYS CEO ALFRED KELLY, JR.'S FY 2017 TOTAL COMPENSATION WAS $21.7 MILLION - SEC FILING.VISA INC SAYS CEO ALFRED KELLY, JR.'S FY 2017 TOTAL COMPENSATION INCLUDED $11.9 MILLION OF STOCK AWARDS.VISA SAYS CFO VASANT PRABHU'S FY 2017 TOTAL COMPENSATION WAS $8.5 MILLION VERSUS $8.1 MILLION IN FY 2016 - SEC FILING.VISA INC SAYS PRESIDENT RYAN MCINERNEY'S FY 2017 TOTAL COMPENSATION WAS $9.4 MILLION VERSUS $7.4 MILLION IN FY 2016 - SEC FILING.  Full Article

Visa Inc reports ‍​qtrly GAAP share of $0.90
Wednesday, 25 Oct 2017 06:18am EDT 

Oct 25 (Reuters) - Visa Inc ::Qtrly gaap net income of $2.1 billion or $0.90 per share.Qtrly ‍​net operating revenues of $4.9 billion, an increase of 14%.Qtrly payments volume growth, on a constant dollar basis and excluding Europe co-badge volume, was 10% over the prior year.Qtrly cross-border volume growth, on a constant dollar basis, was 10% over the prior year.Qtrly total Visa processed transactions increased 13% over the prior year.Will continue to make strategic investments that will "further strengthen franchise" in Europe and globally‍​.‍​Sees annual Class A common stock earnings per share growth in mid-40's on a GAAP nominal dollar basis for FY 2018.Sees FY 2018 net revenue growth of high single digits on a nominal dollar basis, with about 0.5 to 1 ppt of positive foreign currency impact.Outlook for FY 2018 includes Visa Europe integration expenses of about $60 million for full-year.Sees FY 2018 client incentives as a percentage of gross revenues: 21.5% to 22.5% range.Sees FY 2018 annual operating margin to be in the high 60s.Q4 earnings per share view $0.85, revenue view $4.63 billion -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $4.00, revenue view $19.95 billion -- Thomson Reuters I/B/E/S.Sees FY 2018 annual diluted Class A common stock EPS growth at high end of mid-teens on adjusted, non-GAAP nominal dollar basis‍​.  Full Article

Visa Inc declares quarterly dividend, increases dividend rate by 18 pct
Wednesday, 18 Oct 2017 04:05pm EDT 

Oct 18 (Reuters) - Visa Inc :Visa Inc declares quarterly dividend, increases dividend rate by 18%, and announces record date for the 2018 annual meeting of stockholders.Increases quarterly dividend by 18 percent.Visa Inc - ‍declared a quarterly cash dividend of $0.195 per share of class A common stock​.  Full Article

Visa and Billtrust partner to simplify B2B virtual card acceptance
Tuesday, 17 Oct 2017 09:00am EDT 

Oct 17 (Reuters) - Visa Inc :Announced partnership with Billtrust to help streamline reconciliation of B2B payments and increase automation of virtual card payments.Visa has also made a strategic investment in Billtrust.  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

BTL Group announces project with Visa Europe Collab
Thursday, 1 Sep 2016 04:16am EDT 

: BTL Group Ltd - BTL group announces project with Visa Europe Collab . BTL Group Ltd - Entered into a project with Visa Europe Collab to explore potential applications for blockchain technology in financial services ecosystem .BTL Group Ltd - Says small number of European banks have been invited to participate in project.  Full Article

Visa and Uber to provide Uber local offers
Tuesday, 30 Aug 2016 09:32am EDT 

Visa Inc:Visa Inc and Uber announce Uber local offers, a way for riders to get discounted rides by using Visa credit card on file with uber at local merchants.  Full Article

Visa says longer term impact of brexit on Visa Europe's business is too early to determine
Thursday, 21 Jul 2016 07:06pm EDT 

Visa : Visa on operations in China - working through issues relating to national security reviews and encryption standards . Says "cross border commerce from oil and commodity based economies remain sluggish. This conference call is still in progress" . "in the short term currency weakness and reduced economic growth are factors" . Visa says post the brexit vote, currency volatilities reached levels co has not experienced in recent years . Visa says had co included visa europe results for nine days it owned visa europe in quarter, it would have added minimum $12 million to net income . Visa says longer term impact of brexit on visa europe's business is too early to determine . Visa says immediate impact of brexit vote on visa europe has been on exchange rates . Assuming exchange rates stay where they are and no major economic dislocations due to brexit, expect visa europe earnings to offset interest costs from debt in q4 . Visa europe is expected to add 2% to 3% to eps accretion in fiscal year 2017 . Current tax structure results in high reported or book tax rate for visa europe's earnings, which will add 1 percentage point to tax rate in 2017 . Visa europe has over $2 billion of cash on balance sheet; based on discussions with regulator in uk, will leave cash within visa europe legal entity . Current plan is to issue at least $2 billion in debt before the end of this calendar year.  Full Article

Paypal and Visa enter partnership to extend consumer payment choice
Thursday, 21 Jul 2016 04:04pm EDT 

Paypal Holdings Inc : Paypal will not encourage Visa cardholders to link to a bank account via ach . Says agreement affords Paypal certain economic incentives, including visa incentives for increased volume . Paypal will join visa digital enablement program (VDEP) to expand point of sale acceptance . Paypal and visa enter partnership to extend consumer payment choice . Visa digital card images will be incorporated into payment flows . Companies working collaboratively to accelerate adoption of safe, reliable and convenient digital payments for consumers and merchants .Paypal will also support and work with issuers to identify consumers who choose to migrate existing ach payment flows to their visa cards.  Full Article

BRIEF-Visa Says Ceo Alfred Kelly Jr.'S FY 2017 Total Compensation Was $21.7 Mln

* VISA INC SAYS CEO ALFRED KELLY, JR.'S FY 2017 TOTAL COMPENSATION WAS $21.7 MILLION - SEC FILING