International Business News - MasterCard http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of MasterCard Inc. rose sharply Tuesday, as investors applauded the credit card processor's better-than-expected third-quarter profit and sales results. http://www.ibtimes.com/articles/20081104/mastercard-shares-soar-on-3q-quarterly-results.htm Tue, 04 Nov 2008 19:39:34 EST Among the premarket stories for Tuesday, Nov. 4, from AP Financial News: NEW YORK (AP)--Credit-card company MasterCard Inc. disclosed in a regulatory filing Tuesday it received a request for information in October from the Department of Justice regarding rules related to merchant acceptance. http://www.ibtimes.com/articles/20081104/premarket-roundup-mastercard-viacom.htm Tue, 04 Nov 2008 09:16:32 EST Credit card company MasterCard Inc. disclosed in a regulatory filing Tuesday it received a request for information in October from the Department of Justice regarding rules related to merchant acceptance. http://www.ibtimes.com/articles/20081104/ahead-of-the-bell-mastercard-gets-doj-inquiry.htm Tue, 04 Nov 2008 07:44:35 EST MasterCard Inc. said Monday that a hefty legal charge led to a third-quarter loss but the credit card processor's adjusted results beat Wall Street's expectations as dollar volume and the number of transactions both rose. http://www.ibtimes.com/articles/20081103/mastercard-reports-3q-loss-on-settlement-charge.htm Mon, 03 Nov 2008 21:37:41 EST Shares of MasterCard Inc. pointed higher early Monday, ahead of the credit card company's third-quarter report. Shares added 18 cents to $148 in premarket trading. http://www.ibtimes.com/articles/20081103/ahead-of-the-bell-mastercard-shares-point-higher.htm Mon, 03 Nov 2008 10:17:41 EST MasterCard Inc. reports earnings for the fiscal third quarter on Monday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081031/earnings-preview-charge-to-blemish-mastercard-3q.htm Fri, 31 Oct 2008 15:07:13 EDT Standard & Poor's Rating Services on Tuesday affirmed its ratings on Mastercard International Inc. following the settlement of a legal dispute with Discover Financial Services. http://www.ibtimes.com/articles/20081028/standard-poors-affirms-its-rating-on-mastercard.htm Tue, 28 Oct 2008 15:40:46 EDT Mastercard and Visa have settled with Discover Financial Services to the tune of $2.75 billion over allegations that the two companies engaged in anti-competitive practices. http://www.ibtimes.com/data/articleimgs/160886-.jpg http://www.ibtimes.com/articles/20081027/mastercard-visa-settle-75bn-lawsuit.htm http://www.ibtimes.com/articles/20081027/mastercard-visa-settle-75bn-lawsuit.htm Mon, 27 Oct 2008 21:46:40 EDT Discover will receive a $2.75 billion settlement from competitors Visa and Mastercard over allegations of anti-competitive practices. http://www.ibtimes.com/articles/20081027/discover-settles-billion-from-visa-mastercard.htm Mon, 27 Oct 2008 21:33:46 EDT Credit card company Mastercard and Visa said they have reached a settlement with Discover Financial Services on Monday, agreeing to pay $2.75 billion over allegations of anti-competitive practices. http://www.ibtimes.com/data/articleimgs/160872-.jpg http://www.ibtimes.com/articles/20081027/visa-mastercard-pay-billion-settle-discover-dispute.htm http://www.ibtimes.com/articles/20081027/visa-mastercard-pay-billion-settle-discover-dispute.htm Mon, 27 Oct 2008 21:25:55 EDT A William Blair & Co. analyst initiated coverage of MasterCard Inc. at "Outperform" on Tuesday, saying he expects the credit card processor to benefit from increased business opportunities internationally. http://www.ibtimes.com/articles/20080826/william-blair-starts-mastercard-at-outperform.htm Tue, 26 Aug 2008 10:27:37 EDT MasterCard Inc. shares shot higher Tuesday, then gave up most of the gain in a turbulent broader market, after reports that a Goldman Sachs analyst upgraded the stock to "Buy" from "Neutral." http://www.ibtimes.com/articles/20080819/mastercard-shares-rise-after-analyst-upgrade.htm Tue, 19 Aug 2008 15:15:42 EDT MasterCard Inc. shares shot up Monday, buoyed by gains in the broader market, as investors found relief in a decline in oil prices. Shares jumped $3.02, or 1.3 percent, to $235.15. Shares have traded between $120 and $320.30 in the last 12 months. http://www.ibtimes.com/articles/20080811/mastercard-shares-rally-alongside-broader-market.htm Mon, 11 Aug 2008 18:41:18 EDT Shares of MasterCard Inc. declined Wednesday even after a Keefe, Bruyette & Woods analyst reiterated an "Outperform" rating on the stock. Shares dropped $5.71, or 2.4 percent, to $231.40 in afternoon trading. Shares have traded between $120 and $320.30 in the past 12 months. http://www.ibtimes.com/articles/20080806/mastercard-shares-dip-on-concerns-over-financials.htm Wed, 06 Aug 2008 13:29:08 EDT Shares of MasterCard Inc. dipped Monday after an analyst said rival Visa Inc. is better positioned to weather slowing volume growth in the U.S. Shares fell $6.41, or 2.7 percent, to $230.86 in afternoon trading. Shares have traded between $120 and $320.30 in the past 12 months. http://www.ibtimes.com/articles/20080804/last-call-mastercard-shares-slip.htm Mon, 04 Aug 2008 15:29:19 EDT MasterCard Inc. spent $1.1 million in the second quarter lobbying on credit card rules, proposals to fight identity theft and other issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20080804/mastercard-spent-1-1m-lobbying-government-in-2q.htm Mon, 04 Aug 2008 08:47:54 EDT Among the stock activity stories for Friday, Aug. 1, from AP Financial News: NEW YORK (AP)--Shares of MasterCard Inc. tumbled Friday, even after the credit card issuer reported an adjusted profit above Wall Street's expectations, as some investors remained cautious about the impact a slowing U.S. economy may have on the company. http://www.ibtimes.com/articles/20080801/movers-roundup-mastercard-wet-seal.htm Fri, 01 Aug 2008 15:13:26 EDT Shares of MasterCard Inc. tumbled Friday, even after the credit card issuer reported an adjusted profit above Wall Street's expectations, as some investors remained cautious about the impact a slowing U.S. economy may have on the company. http://www.ibtimes.com/articles/20080801/mastercard-shares-fall-but-analysts-see-positives.htm Fri, 01 Aug 2008 19:15:25 EDT MasterCard Inc. said Thursday it posted a second-quarter loss because of a charge related to a settlement with rival American Express Co. Excluding the charge, the payment processor's profit rose 9 percent, while sales jumped 25 percent on increased spending by cardholders, especially with debit cards. Still, shares dropped about 6 percent in early trading. http://www.ibtimes.com/articles/20080731/mastercard-posts-loss-after-amex-settlement-charge.htm Thu, 31 Jul 2008 11:07:24 EDT MasterCard Inc. reports earnings for the second quarter on Thursday. The following is a summary of analysts' thoughts on the company and key developments during the April-to-June period. http://www.ibtimes.com/articles/20080730/earns-preview-mastercard-inc.htm Wed, 30 Jul 2008 15:49:34 EDT